Vivo Allegedly Smuggling $13 Billion Out of India


 A few days ago five Vivo executives were arrested in India on charges of money laundering. In a charging document filed in court yesterday, India alleged that Vivo had secretly smuggled $13 billion out of the country to avoid paying taxes.



At the same time Vivo is said to have committed a visa offense due to their falsified staff information. These employees are also said to be in violation of visa guidelines that prevent them from visiting the troubled areas of Kashmir and Jammu.


The arrest of a Chinese executive is now being monitored by the country's government which is worried about the latest developments. Relations between China and India have long been strained due to border disputes. It got worse after a deadly skirmish on the Himalayan border.


India has banned hundreds of applications from China such as TikTok, PUBG Mobile and Free Fire because it is alleged that they can be used for spying purposes. It also resulted in the production of various electronic products in India being disrupted because components were not allowed to be brought into the country.

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