ED raids vivo India amid money laundering probe: Report

Offices of Chinese smartphone manufacturer BBK Electronics’ Vivo and also its connected firms were raided on Tuesday by India’s Enforcement Directorate (ED), according to reports, including the Reuters. A few months before the vivo raids, the Enforcement Directorate started looking into Xiaomi Corp., one of India’s biggest smartphone sellers, for allegedly sending illegal payments abroad … Continue reading "ED raids vivo India amid money laundering probe: Report"

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