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ED arrests four persons in Vivo PMLA case

03:40 PM Oct 10, 2023 | PTI |

The Enforcement Directorate has arrested the MD of Lava International mobile company, a Chinese national, a Chartered Accountant and another person as part of its ongoing money-laundering probe against Chinese smartphone-maker Vivo, official sources said on Tuesday.

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The four were taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA).

They are expected to be produced before a court here where the ED will seek their custody.

 

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