India cracking down on Chinese smartphone makers with Vivo raids

This week, the Indian government has conducted searches at more than 40 of Vivo’s locations in India, following allegations that the Chinese smartphone maker was participating in money laundering. 
As part of the raids, roughly $60 million has been seized and 199 of Vivo’s bank accounts have been frozen.
The investigations have been taking place since at least April, when reports noted that India’s Enforcement Directorate (ED) was seeking to probe the company&rsquo…

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