Delhi Court Extends Probe Agency Custody Of 3 Vivo-India Execs By 2 Days

New Delhi: In a major development, a Delhi court extended the Enforcement Directorate custody of three Vivo-India executives by two more days. It must be noted that the arrest is linked to the money laundering probe against the Chinese smartphone maker and others. The three accused were presented before the Special Judge Kiran Gupta of Patiala House Courts on the expiry date of earlier-granted three-day Enforcement Directorate (ED) custody, as per a report covered by news agency IANS.

The arrests were made in the case months after the four accused—Lava International MD Hari Om Rai, Chinese national Guangwen alias Andrew Kuang, Chartered Accountants Nitin Garg and Rajan Malik—were arrested on October 10 this year.

“We are deeply alarmed by the current action of the authorities. The recent arrests demonstrate continued harassment and, as such, induce an environment of uncertainty in the wider industry landscape. We are resolute in using all legal avenues to address and challenge thesee accusations,” aVivo spokesperson was quoted saying in the report.