Home FEATURED NEWS India arrests two senior staff of Chinese smartphone maker Vivo

India arrests two senior staff of Chinese smartphone maker Vivo

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India’s monetary crime-fighting company has arrested two senior staff working for Chinese smartphone maker Vivo’s India unit, a supply straight concerned with the case stated on Saturday, which the corporate vowed to problem legally.

The arrests come two months after the Enforcement Directorate arrested four industry executives, together with one Chinese nationwide, working for Vivo’s Indian unit in a case of alleged cash laundering, fees the agency has denied.
India has stepped up scrutiny of Chinese companies and investments following a deadly border clash in 2020.

“We are deeply alarmed by the current action of the authorities,” stated a Vivo spokesperson.

Chinese phone brand Vivo vows support for executives arrested in India

“The recent arrests demonstrate continued harassment and as such induce an environment of uncertainty amongst the wider industry landscape. We are resolute in using all legal avenues to address and challenge these accusations.”

The people arrested had been dropped at a Delhi court docket on Saturday and had been then despatched to the company’s custody, stated the supply, who declined to be named as they weren’t authorised to speak to the media.

An Enforcement Directorate spokesperson didn’t instantly reply to a request for remark.

The Vivo staff, whose identification Reuters couldn’t affirm, will subsequent seem in court docket on December 26, the supply added.

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