{"id":1274296,"date":"2023-10-12T06:41:10","date_gmt":"2023-10-12T01:11:10","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1274296"},"modified":"2023-10-12T06:41:46","modified_gmt":"2023-10-12T01:11:46","slug":"govt-arrests-chinese-employee-working-for-vivo-in-india-over-money-laundering-allegations","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/govt-arrests-chinese-employee-working-for-vivo-in-india-over-money-laundering-allegations\/","title":{"rendered":"Govt Arrests Chinese Employee Working For Vivo In India Over Money Laundering Allegations"},"content":{"rendered":"\n

The Enforcement Directorate (ED), the country’s financial crime agency arrested four executives belonging to Chinese smartphone brands including one Chinese national working for Vivo in a case of alleged money laundering.<\/p>\n\n\n\n

\"Govt<\/figure>\n\n\n\n

Broader background<\/strong><\/p>\n\n\n\n

This adds to the legal troubles of the company in India especially in the backdrop of Sino-Indian tensions relating to border disputes and subsequently India’s scrutiny of Chinese businesses and investment.<\/p>\n\n\n\n

The company is owned by China’s BBK Electronics, which also operates brands such as Oppo and Realme in India.<\/p>\n\n\n\n

Vivo is the second biggest smartphone brand in India with a 17% market share in shipments after Samsung.<\/p>\n\n\n\n

Chinese presence in India<\/strong><\/p>\n\n\n\n

Relations between the two countries grew worse since a 2020 military clash on the disputed Himalayan border in which 20 Indian soldiers and four Chinese troops were killed.<\/p>\n\n\n\n

Since then, India has banned hundreds of Chinese apps including TikTok, citing national security concerns, and also tightened scrutiny on investments from China.<\/p>\n\n\n\n

For example, carmaker BYD’s recent bid to invest $1 billion to build electric cars and batteries in India faced increased scrutiny from New Delhi, forcing the carmaker to drop its plans.<\/p>\n\n\n\n

Vivo said it “firmly adheres to its ethical principles and remains dedicated to legal compliance. The recent arrest deeply concerns us. We will exercise all available legal options”.<\/p>\n\n\n\n

The current case<\/strong><\/p>\n\n\n\n

Four Vivo employees had been arrested, but during a court hearing lawyers said only one Vivo employee, a Chinese national identified in legal papers as Guanwen Kuang, was arrested.<\/p>\n\n\n\n

The ED\u2019s counsel, Manish Jain, sought 10 day custody for the arrested individuals, but the judge ordered only three days.<\/p>\n\n\n\n

2022 case<\/strong><\/p>\n\n\n\n

The executives were arrested in relation to an ongoing 2022 case where the ED raided Vivo’s offices and accused it of money laundering.<\/p>\n\n\n\n

In 2022, the ED blocked 119 bank accounts linked to Vivo’s India business.<\/p>\n\n\n\n

The police also formally accused Vivo of helping transfer funds illegally to a news portal under investigation on charges of spreading Chinese propaganda.<\/p>\n\n\n\n

Vivo has denied the allegations.<\/p>\n\n\n\n

Previously it said it cooperated with authorities to provide them with all required information and was “committed<\/a> to be fully compliant with laws”.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Enforcement Directorate (ED), the country’s financial crime agency arrested four executives belonging to Chinese smartphone brands including one Chinese national working for Vivo in a case of alleged money laundering. Broader background This adds to the legal troubles of the company in India especially in the backdrop of Sino-Indian tensions relating to border disputes […]<\/p>\n","protected":false},"author":24,"featured_media":1274313,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[764],"class_list":["post-1274296","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-vivo"],"acf":[],"yoast_head":"\nGovt Arrests Chinese Employee Working For Vivo In India Over Money Laundering Allegations - Trak.in - Indian Business of Tech, Mobile & Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/govt-arrests-chinese-employee-working-for-vivo-in-india-over-money-laundering-allegations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt Arrests Chinese Employee Working For Vivo In India Over Money Laundering Allegations - Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"og:description\" content=\"The Enforcement Directorate (ED), the country’s financial crime agency arrested four executives belonging to Chinese smartphone brands including one Chinese national working for Vivo in a case of alleged money laundering. Broader background This adds to the legal troubles of the company in India especially in the backdrop of Sino-Indian tensions relating to border disputes […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trak.in\/stories\/govt-arrests-chinese-employee-working-for-vivo-in-india-over-money-laundering-allegations\/\" \/>\n<meta property=\"og:site_name\" content=\"Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-12T01:11:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-12T01:11:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/10\/Vivo-Smartphones-Outdoor-BAnner-1280x720-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Shreya Bose\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shreya Bose\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trak.in\/stories\/govt-arrests-chinese-employee-working-for-vivo-in-india-over-money-laundering-allegations\/\",\"url\":\"https:\/\/trak.in\/stories\/govt-arrests-chinese-employee-working-for-vivo-in-india-over-money-laundering-allegations\/\",\"name\":\"Govt Arrests Chinese Employee Working For Vivo In India Over Money Laundering Allegations - Trak.in - Indian Business of Tech, Mobile & Startups\",\"isPartOf\":{\"@id\":\"https:\/\/trak.in\/stories\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/trak.in\/stories\/govt-arrests-chinese-employee-working-for-vivo-in-india-over-money-laundering-allegations\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/trak.in\/stories\/govt-arrests-chinese-employee-working-for-vivo-in-india-over-money-laundering-allegations\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/10\/Vivo-Smartphones-Outdoor-BAnner-1280x720-1.jpg\",\"datePublished\":\"2023-10-12T01:11:10+00:00\",\"dateModified\":\"2023-10-12T01:11:46+00:00\",\"author\":{\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/9817221c96a9aadc34f34cc7b8767dc6\"},\"breadcrumb\":{\"@id\":\"https:\/\/trak.in\/stories\/govt-arrests-chinese-employee-working-for-vivo-in-india-over-money-laundering-allegations\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/trak.in\/stories\/govt-arrests-chinese-employee-working-for-vivo-in-india-over-money-laundering-allegations\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/trak.in\/stories\/govt-arrests-chinese-employee-working-for-vivo-in-india-over-money-laundering-allegations\/#primaryimage\",\"url\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/10\/Vivo-Smartphones-Outdoor-BAnner-1280x720-1.jpg\",\"contentUrl\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/10\/Vivo-Smartphones-Outdoor-BAnner-1280x720-1.jpg\",\"width\":1280,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/trak.in\/stories\/govt-arrests-chinese-employee-working-for-vivo-in-india-over-money-laundering-allegations\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/trak.in\/stories\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Govt Arrests Chinese Employee Working For Vivo In India Over Money Laundering Allegations\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/trak.in\/stories\/#website\",\"url\":\"https:\/\/trak.in\/stories\/\",\"name\":\"Trak.in - Indian Business of Tech, Mobile & Startups\",\"description\":\"Trak.in is a popular Indian Business, Technology, Mobile & Startup blog featuring trending News, views and analytical take on Technology, Business, Finance, Telecom, Mobile, startups & Social Media Space\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/trak.in\/stories\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/9817221c96a9aadc34f34cc7b8767dc6\",\"name\":\"Shreya Bose\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1404d637610526a87c014a8eac9883a6c61491f1e6553d1946b0dd0b135713be?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1404d637610526a87c014a8eac9883a6c61491f1e6553d1946b0dd0b135713be?s=96&d=mm&r=g\",\"caption\":\"Shreya Bose\"},\"url\":\"https:\/\/trak.in\/stories\/author\/shreya-bose\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Govt Arrests Chinese Employee Working For Vivo In India Over Money Laundering Allegations - Trak.in - Indian Business of Tech, Mobile & Startups","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/trak.in\/stories\/govt-arrests-chinese-employee-working-for-vivo-in-india-over-money-laundering-allegations\/","og_locale":"en_US","og_type":"article","og_title":"Govt Arrests Chinese Employee Working For Vivo In India Over Money Laundering Allegations - Trak.in - Indian Business of Tech, Mobile & Startups","og_description":"The Enforcement Directorate (ED), the country’s financial crime agency arrested four executives belonging to Chinese smartphone brands including one Chinese national working for Vivo in a case of alleged money laundering. Broader background This adds to the legal troubles of the company in India especially in the backdrop of Sino-Indian tensions relating to border disputes […]","og_url":"https:\/\/trak.in\/stories\/govt-arrests-chinese-employee-working-for-vivo-in-india-over-money-laundering-allegations\/","og_site_name":"Trak.in - Indian Business of Tech, Mobile & Startups","article_published_time":"2023-10-12T01:11:10+00:00","article_modified_time":"2023-10-12T01:11:46+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/10\/Vivo-Smartphones-Outdoor-BAnner-1280x720-1.jpg","type":"image\/jpeg"}],"author":"Shreya Bose","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Shreya Bose","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/trak.in\/stories\/govt-arrests-chinese-employee-working-for-vivo-in-india-over-money-laundering-allegations\/","url":"https:\/\/trak.in\/stories\/govt-arrests-chinese-employee-working-for-vivo-in-india-over-money-laundering-allegations\/","name":"Govt Arrests Chinese Employee Working For Vivo In India Over Money Laundering Allegations - Trak.in - Indian Business of Tech, Mobile & Startups","isPartOf":{"@id":"https:\/\/trak.in\/stories\/#website"},"primaryImageOfPage":{"@id":"https:\/\/trak.in\/stories\/govt-arrests-chinese-employee-working-for-vivo-in-india-over-money-laundering-allegations\/#primaryimage"},"image":{"@id":"https:\/\/trak.in\/stories\/govt-arrests-chinese-employee-working-for-vivo-in-india-over-money-laundering-allegations\/#primaryimage"},"thumbnailUrl":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/10\/Vivo-Smartphones-Outdoor-BAnner-1280x720-1.jpg","datePublished":"2023-10-12T01:11:10+00:00","dateModified":"2023-10-12T01:11:46+00:00","author":{"@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/9817221c96a9aadc34f34cc7b8767dc6"},"breadcrumb":{"@id":"https:\/\/trak.in\/stories\/govt-arrests-chinese-employee-working-for-vivo-in-india-over-money-laundering-allegations\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/trak.in\/stories\/govt-arrests-chinese-employee-working-for-vivo-in-india-over-money-laundering-allegations\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/trak.in\/stories\/govt-arrests-chinese-employee-working-for-vivo-in-india-over-money-laundering-allegations\/#primaryimage","url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/10\/Vivo-Smartphones-Outdoor-BAnner-1280x720-1.jpg","contentUrl":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/10\/Vivo-Smartphones-Outdoor-BAnner-1280x720-1.jpg","width":1280,"height":720},{"@type":"BreadcrumbList","@id":"https:\/\/trak.in\/stories\/govt-arrests-chinese-employee-working-for-vivo-in-india-over-money-laundering-allegations\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/trak.in\/stories\/"},{"@type":"ListItem","position":2,"name":"Govt Arrests Chinese Employee Working For Vivo In India Over Money Laundering Allegations"}]},{"@type":"WebSite","@id":"https:\/\/trak.in\/stories\/#website","url":"https:\/\/trak.in\/stories\/","name":"Trak.in - Indian Business of Tech, Mobile & Startups","description":"Trak.in is a popular Indian Business, Technology, Mobile & Startup blog featuring trending News, views and analytical take on Technology, Business, Finance, Telecom, Mobile, startups & Social Media Space","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/trak.in\/stories\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/9817221c96a9aadc34f34cc7b8767dc6","name":"Shreya Bose","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/1404d637610526a87c014a8eac9883a6c61491f1e6553d1946b0dd0b135713be?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1404d637610526a87c014a8eac9883a6c61491f1e6553d1946b0dd0b135713be?s=96&d=mm&r=g","caption":"Shreya Bose"},"url":"https:\/\/trak.in\/stories\/author\/shreya-bose\/"}]}},"jetpack_featured_media_url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/10\/Vivo-Smartphones-Outdoor-BAnner-1280x720-1.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1274296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/comments?post=1274296"}],"version-history":[{"count":1,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1274296\/revisions"}],"predecessor-version":[{"id":1274314,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1274296\/revisions\/1274314"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/media\/1274313"}],"wp:attachment":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/media?parent=1274296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/categories?post=1274296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/tags?post=1274296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}