Lava International MD denied bail in Vivo money laundering case

Delhi court denies bail to Lava International MD, Hariom Rai, in a case related to money laundering and tax dodging by Vivo and its associates. Judge Kiran Gupta noted that Rai neither falls in the category of “sick” nor “infirm” as specified under the Prevention of Money Laundering Act (PMLA), 2002, under which Rai was arrested recently by ED along with three others.