The Enforcement Directorate of India conducted searches at 40 locations associated with Vivo's unit in the country. mass media
According to the official press release, the manufacturerсмартфонов перевёл в Китай почти 8 миллиардов долларов нелегальным путём. В ходе расследования полиция конфисковала у компании 119 банковских счетов с примерно 58 млн долларов, а также 2 кг золотых слитков и другие средства.
В Индии заявили, что сумма, направленная в Китай, accounts for about half of all Vivo India sales. This was done, among other things, in order not to pay taxes on this money. Vivo India directors Zhengsheng Ou and Zhang Jie have already fled the country. Previously, police accused "certain Chinese citizens," without naming names, of removing digital evidence of money laundering. The money transfers were made through a shell company based in Hong Kong.
According to representatives of Vivo India, the brand"cooperates with the authorities and strives to comply fully with Indian law." The parent company in China expressed its hope that the ongoing investigations will be conducted in a "truly fair and non-discriminatory business environment."