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On Tuesday, major action was taken by the ED against Chinese smartphone mobile maker Vivo and its related companies. The ED team raided 44 locations of Vivo and its related companies across the country. According to the information, this action has been taken by the ED in many states of South India including Uttar Pradesh, Bihar, Madhya Pradesh.
According to the information, this action has been taken under the Prevention of Money Laundering Act. Officials said that raids are on and necessary documents are being checked. CBI is also investigating in this matter. Let us tell you, Chinese firms are already on the target of Indian investigative agencies.
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