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ED arrests four Vivo executives in money laundering case

by October 10, 2023 0

Four executives of Chinese smartphone maker Vivo, including one Chinese national, have been arrested by the Enforcement Directorate. The arrests are related to a case where the company’s offices were raided by the country’s financial crime agency and accused of money laundering. Last year, the ED blocked bank accounts linked to Vivo’s India business.

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