Breaking ED arrested Lava's MD Hari Om Rai for laundering money for Vivo

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The Patiala House Court in Delhi on Tuesday, October 10, granted the custody of four accused individuals to the Enforcement Directorate (ED) for alleged money laundering in the Vivo Mobiles case. Among those remanded to ED custody are Hari Om Rai, the MD of Lava International, Chinese national Guangwen Kyang, CA Nitin Garg, and Rajan Malik. Notably, the ED had sought custody of these four individuals for a period of 10 days, citing their evasive and non-cooperative behavior during questioning.

The ED further alleged that several Chinese nationals have violated their visa conditions by traveling to sensitive areas in Jammu and Kashmir and Ladakh. The probe agency have accused the individuals involved in a criminal conspiracy, purportedly using Indian companies as a front to establish a presence in India, potentially violating Foreign Direct Investment (FDI) norms.

 
Lava International had also issued invitation letters for business visas for Chinese nationals associated with Vivo Mobile Communications Co. Ltd and other Chinese entities.
 
Lava Lava Agni Lava.. :lol:
Hari Om Rai was just another employee of Lava Mobile but, it will impact Lava really hard if they don't took action against such employee quickly. Worst part is that he was associated with Lava from 2009!
 
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