On October 11, Beijing time, foreign media reported that India’s financial law enforcement agency had arrested a Chinese employee of the Chinese mobile phone company vivo. Vivo confirmed that an employee was arrested but did not disclose his nationality.Just over a year ago, the Indian Enforcement Directorate, which is responsible for investigating financial crimes, raided vivo’s Indian business locations, claiming that vivo was illegally transferring money from India to China.
The Enforcement Directorate of India said at the time that Vivo India remitted local sales outside India "to avoid taxes", which was equivalent to nearly half of the company's 1.2 trillion rupee turnover. Vivo said at the time that it was cooperating with the investigation by relevant departments.
An Indian government official confirmed that the Enforcement Directorate of India has arrested four people related to vivo, including a Chinese citizen. Another person familiar with the matter said that among those arrested was a Chinese citizen. As of press time, the Indian Law Enforcement Directorate has not publicly commented on this.
Vivo responded that an employee was arrested, but did not specify the nationality of the arrested person. The company said in a statement:"We are deeply concerned by the recent arrests by the Indian Enforcement Directorate. We will use all legal means at our disposal."Vivo also added that the company will"Firmly committed to its ethical principles and committed to legal compliance".
Over the past 18 months, Indian government agencies have also targeted Chinese mobile phone companies Oppo and Xiaomi Group, freezing nearly $700 million of Xiaomi's assets. On October 6 this year, the Indian police formally accused Xiaomi and vivo of helping a news website NewsClick illegally transfer funds. A Xiaomi India spokesperson strongly denied the allegation. NewsClick said the accusations were "untenable and false."
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