Vivo ED Arrest: The Enforcement Directorate has arrested the MD of Lava International mobile company, a Chinese national, a Chartered Accountant and another person as part of its ongoing money-laundering probe against Chinese smartphone-maker Vivo.
According to the report, the executives were arrested in connection with an ongoing 2022 case in which the ED searched the company s offices and accused it of money laundering, , Vivo, enforcement directorate
NEW DELHI Indian police have formally accused Chinese smartphone makers Xiaomi Corp and Vivo Mobile of helping transfer funds illegally to a news portal under investigation on charges of spreading Chinese propaganda, documents showed on Friday (Oct 6). A Xiaomi India spokesperson strongly denied the accusation. A spokesperson from Vivo did not respond immediately to repeated requests for comment..
Indian police have formally accused Chinese smartphone makers Xiaomi Corp and Vivo Mobile of helping transfer funds illegally to a news portal under investigation on charges of spreading Chinese propaganda.