vivo china

Delhi HC grants bail to Lava MD Hari Om Rai in ₹70,837 crore PMLA case linked to Vivo

Delhi High Court has granted bail to Hari Om Rai, Managing Director of Lava International Ltd, in a money laundering case involving Vivo Mobile Communication Co. Ltd, China.

Vivo PMLA: More arrests likely, after ED arrests Chinese CEO

NEW DELHI: The Enforcement Directorate (ED) is awaiting additional arrests in the Chinese firm Vivo India’s Prevention of Money Laundering Act (PMLA) case, on Tuesday. Presently, the ED has summoned more persons to join the cohort of interim Chief Executive Officer (CEO) Hong Xuquan, alias Terry, alongside consultant Hemant Munjal and Chief Financial Officer (CFO) […]