Vivo India, Related Companies Raided by Enforcement Directorate in Money Laundering Investigation - ABC Tech

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Tuesday, July 5, 2022

Vivo India, Related Companies Raided by Enforcement Directorate in Money Laundering Investigation

The Enforcement Directorate raided 40 places across the country on Tuesday, as part of a money-laundering probe against Chinese smartphone maker Vivo and related firms. The searches have been carried out under sections of the Prevention of Money Laundering Act. The agency has also been investigating Chinese handset manufacturer Xiaomi earlier this year.

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