News > ED raids Chinese phonemaker Vivo
ED raids Chinese phonemaker Vivo
Telecomlive | 06/07/2022 11:32 AM | Click to read full article
The Enforcement Directorate (ED) raided at least 44 places across the country on Tuesday in a money-laundering investigation against Chinese smartphone manufacturer Vivo and related firms, officials said.
The searches were carried out under sections of the Prevention of Money Laundering Act (PMLA) at locations in several states including Delhi, Uttar Pradesh, Meghalaya and Maharashtra.