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Vivo India remitted Rs 62,476 crore abroad, almost 50% to China: ED

A day after it was reported that two top executives of its associated company likely fled India, following raids, the ED on Thursday said that Chinese smartphone company Vivo was involved in huge hawala transctions.It said that out of the . ....

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Vivo India Remitted Rs 62,476 Crore Abroad, Almost 50% to China, Says ED

According to the ED, all due procedures as per law were followed during the said operations at each premises but employees of Vivo India, including some Chinese nationals did not cooperate with the search proceedings and had tried to abscond, remove and hide digital devices which were retrieved by the search teams. 📲 Vivo India Remitted Rs 62,476 Crore Abroad, Almost 50% to China, Says ED. ....

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