India Detains Four on Alleged Links to Vivo Money Laundering Probe

Indian authorities arrested four individuals linked to China’s Vivo Mobile Communications Co. Ltd. on alleged links to a money laundering investigation targeting the company.

The detention was part of an anti-money laundering crackdown related to Vivo, according to India’s Enforcement Directorate, a financial crime-fighting agency affiliated with India’s Ministry of Finance. In July 2022, the directorate raided 44 offices of Vivo and associated entities in multiple states including Uttar Pradesh, Meghalaya and Maharashtra over suspected violations of the Prevention of Money Laundering Act.