Money laundering case: ED conducts raids on Vivo, related firms

The searches are being carried out under sections of the Prevention of Money Laundering Act

July 05, 2022 12:37 pm | Updated 01:17 pm IST - New Delhi


Photograph used for representational purposes only

Photograph used for representational purposes only | Photo Credit: Getty Images/istock

The Enforcement Directorate on Tuesday, July 5, 2022, conducted searches at 44 places across the country in a money laundering investigation against Chinese smartphone manufacturing company Vivo and related firms, officials said.

The searches are being carried out under sections of the Prevention of Money Laundering Act (PMLA).

The agency is conducting searches at 44 places related to Vivo and associated companies, they said.

Top News Today

Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.