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China  will  provide consular protection to Vivo employees  detained  in India;  He strongly advocates the interests  of  his company  

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 The Enforcement Directorate  arrested three vivo-India executives  last week as part of a  money laundering probe against the Chinese smartphone maker and  several other manufacturers.  

 China on Monday said it  would  provide  protection and  consular  assistance to  employees  caught  working for  Chinese  smartphone maker Vivo in India and expressed  strong support for with  Chinese  companies  in protecting their  legitimate  rights and interests. 

  The Enforcement Directorate  arrested three vivo-India executives  last week as part of a  money laundering probe against the Chinese smartphone maker and  several other manufacturers.  

 Asked  to react  to the  arrest,  Chinese Foreign Ministry  spokesman  Mao Ning told a  news conference  on Monday that China  was  closely  monitoring  the issue. 

  “The  Chinese embassy and  consulate  in India will continue to provide consular protection and  support  to  relevant people  in accordance with the  law,”  she said.  “The Chinese government  resolutely  supports Chinese  enterprises  in  protecting  their  legitimate  rights and interests. We hope that India will fully  recognize  the mutually beneficial nature of  trade  cooperation between  the  two countries and provide a fair,  transparent and non-discriminatory business environment,” she said. 

  Vivo-India Acting  CEO  Hong Xuquan alias Terry  –  Chinese  nationality –  Chief Financial Officer (CFO) Harinder Dahiya and  advisor  Hemant Munjal  were arrested  under the provisions of the Prevention of Money Laundering Act  ( PMLA).  

  Federal agencies have  made four arrests in the  case, including the chief executive of  mobile  phone  company Lava  International,  Hari Om Rai,  alias Andrew  Kuang, a Chinese national,  and  the  accountants  charter  Nitin Garg and Rajan Malik. They are  currently  in judicial  custody.

  For more  information,  visit at https://happenrecently.com/zepto/?amp=1

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