This is what Chinese Foreign Ministry has to say on the arrest of Vivo India CEO

10 months ago 18

China has said that it will provide consular protection and assistance to the arrested employees working for Chinese smartphone maker Vivo in India. The company expressed its firm backing to the Chinese businesses in protecting their lawful rights and interests.
Reacting to the arrest of some Vivo officials,

Chinese Foreign Ministry

spokesperson Mao Ning told a media briefing that China is closely following the issue.

“The Chinese embassy and consulates in India will continue to provide consular protection and assistance to the individuals concerned in accordance with the law,” she said.
“The Chinese government firmly supports Chinese businesses in safeguarding their lawful rights and interests. We hope that India will fully recognise the mutually beneficial nature of the business cooperation between our two countries and provide a fair, just, transparent and non-discriminatory business environment,” she said.
Last week, the

Enforcement Directorate

(ED) arrested three Vivo India executives in connection with its money laundering probe against the smartphone maker and some others. Interim CEO of Vivo India Hong Xuquan alias Terry (a Chinese national), Chief Financial Officer (CFO) Harinder Dahiya and consultant Hemant Munjal have been taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA).

The federal agency had earlier made four arrests in the case which included mobile company Lava International's MD Hari Om Rai, Chinese national Guangwen alias Andrew Kuang and chartered accountants Nitin Garg and Rajan Malik. They are in judicial custody at present.

Article From: timesofindia.indiatimes.com
Read Entire Article



Note:

We invite you to explore our website, engage with our content, and become part of our community. Thank you for trusting us as your go-to destination for news that matters.

Certain articles, images, or other media on this website may be sourced from external contributors, agencies, or organizations. In such cases, we make every effort to provide proper attribution, acknowledging the original source of the content.

If you believe that your copyrighted work has been used on our site in a way that constitutes copyright infringement, please contact us promptly. We are committed to addressing and rectifying any such instances

To remove this article:
Removal Request