Xiaoxiang Morning News.
* |Jiemian News On December 23, a number of ** reports reported that the Enforcement Directorate of India (ED) recently arrested a number of executives of vivo India on the grounds of "anti-money laundering investigation", and it is reported that the detained employees include the interim CEO and CFO of vivo India.
In response, a Vivo spokesperson said it was "deeply alarmed", saying that the Indian authorities "have shown that harassment continues and creates uncertainty for the entire industry" and that the company will resolutely use all legal means to address and challenge these allegations.
In October this year, India's financial law enforcement agency also arrested Vivo employees on suspicion of money laundering. At that time, vivo responded that the company strictly abides by local laws and regulations in India. "We are closely monitoring the recent investigation and will take all feasible legal steps to respond to it. ”
Since the end of 2021, the Indian authorities have carried out several raids and tax inspections on Chinese mobile phone manufacturers such as Xiaomi, Vivo, and OPPO, and froze and seized the funds in the accounts of the above-mentioned companies in India for various reasons.
In response to India's investigation of Chinese companies such as Xiaomi and vivo, a spokesperson for China has said that China has always required Chinese companies to operate legally and compliantly overseas, and at the same time, we firmly support Chinese companies to safeguard their legitimate rights and interests, and the Indian side should act in accordance with the law and provide a fair, just and non-discriminatory business environment for Chinese enterprises to invest and operate in India.
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