(Reuters) – India’s monetary crime-fighting company has arrested two senior workers working for Chinese language smartphone maker Vivo’s India unit, a supply straight concerned with the case mentioned on Saturday, which the corporate vowed to problem legally.
The arrests come two months after the Enforcement Directorate arrested 4 business executives, together with one Chinese language nationwide, working for Vivo’s Indian unit in a case of alleged cash laundering, expenses the agency has denied. India has stepped up scrutiny of Chinese language companies and investments following a lethal border conflict in 2020.
“We’re deeply alarmed by the present motion of the authorities,” mentioned a Vivo spokesperson. “The current arrests show continued harassment and as such induce an surroundings of uncertainty amongst the broader business panorama. We’re resolute in utilizing all authorized avenues to deal with and problem these accusations.”
The people arrested had been delivered to a Delhi courtroom on Saturday and had been then despatched to the company’s custody, mentioned the supply, who declined to be named as they weren’t authorised to speak to the media. An Enforcement Directorate spokesperson didn’t instantly reply to a request for remark.
The Vivo workers, whose identification Reuters couldn’t verify, will subsequent seem in courtroom on Dec. 26, the supply added.
(Reporting by Arpan Chaturvedi, Modifying by Louise Heavens)