According to sources, two of the Chinese directors of Solan, the Himachal Pradesh-based company associated with Vivo, are likely to have fled India as ED is a prevention of
The Chinese citizens became directors in the Indian entities with false documents.
The enforcement agency has so far received information about money laundering worth Rs 10,000 crore during the raids, according to ED sources.
More details will emerge later in the case, the sources added.
In a statement to IANS, Vivo said it would cooperate with the authorities to provide them with all necessary information.
“As a responsible company, we are committed to fully complying with the laws,” said a company spokesperson.
In April, the ED took Rs 5,551.27 crore from
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