A Delhi court has granted a two-day extension to the Enforcement Directorate (ED) for the custody of three Vivo-India executives as part of a money laundering investigation involving the Chinese smartphone manufacturer and others. Additional Sessions Judge Aparna Swami approved the extension of interim CEO Hong Xuquan alias Terry, Chief Financial Officer (CFO) Harinder Dahiya, and consultant Hemant Munjal based on the ED’s request. These individuals had been brought before the court after the conclusion of their initial three-day ED custody.
Also Read: Gold Surges by Rs 250 as Silver Rallies Rs 350, Reflecting Market Momentum
Under the provisions of the Prevention of Money Laundering Act (PMLA), the accused were taken into custody. The ED had previously arrested four individuals—mobile company Lava International’s MD Hari Om Rai, Chinese national Guangwen alias Andrew Kuang, and chartered accountants Nitin Garg and Rajan Malik—in connection with the case. Presently, they remain in judicial custody.
The ED had filed a charge-sheet against the aforementioned four individuals in a special PMLA court in Delhi, and the court recently acknowledged and considered the charge-sheet.
NIA sources have previously conducted raids in Maharashtra, Malegaon, Jammu and Kashmir, Assam, and Delhi,…
While commuting the death sentence, the High Court upheld the conviction of the three men…
During his visit, PM Modi performed darshan at the Jagdamba Mata Temple in Poharadevi. He…
Judge Bajpai reminded the defense that daily hearings were planned. He warned all defendants that…
PM launched the 18th installment at an event in Maharashtra, benefiting 9.4 crore farmers nationwide,…
Over 64% of 2.03 crore voters in Haryana participated in the assembly elections casting their…