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ED arrests four persons in Vivo PMLA case
PTI, Oct 10, 2023, 3:40 PM IST
The Enforcement Directorate has arrested the MD of Lava International mobile company, a Chinese national, a Chartered Accountant and another person as part of its ongoing money-laundering probe against Chinese smartphone-maker Vivo, official sources said on Tuesday.
The four were taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA).
They are expected to be produced before a court here where the ED will seek their custody.
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