Delhi Court Extends ED Custody of Vivo-India Executives

On Tuesday, a Delhi court granted two-day extension to the Enforcement Directorate for the custody of three executives from Vivo-India.

This extension is part of an ongoing money laundering investigation against the Chinese smartphone-maker and others.

The individuals were apprehended under the provisions of the Prevention of Money Laundering Act (PMLA).

Earlier, the enforcement agency had arrested four individuals in the case, including Hari Om Rai, the Managing Director of mobile company Lava International, Chinese national Guangwen alias Andrew Kuang, and chartered accountants Nitin Garg and Rajan Malik. The four are currently in judicial custody.

The Enforcement Directorate had previously filed a charge-sheet against these individuals in a special PMLA court in Delhi, and the court recently acknowledged the charge-sheet.