The ED on Tuesday had raided 44 locations of Chinese smartphone manufacturer Vivo and enterprises linked to it, as part of a PMLA (prevention of money laundering act) violation. The probe was launched after the Delhi Police filed an FIR against a Vivo-linked entity for "misleading government authorities and banks," ET reported.
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ED raids disrupts business, hurts environment for foreign investors: Chinese embassy
ED raids disrupts business, hurts environment for foreign investors: Chinese embassy
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