Delhi court extends by one day ED custody of three vivo-India executives

A Delhi court on Thursday extended by one day the ED custody of three vivo-India executives in a money laundering case against the Chinese smartphone maker and others.

The court extended the custody of interim CEO of vivo-India Hong Xuquan alias Terry, Chief Financial Officer (CFO) Harinder Dahiya and consultant Hemant Munjal on an application moved by the Enforcement Directorate (ED).

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The accused were produced before the court on expiry of their five-day ED custody granted earlier.

The accused were taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA).

The federal agency had earlier arrested four people — mobile company Lava International’s MD Hari Om Rai, Chinese national Guangwen alias Andrew Kuang, and chartered accountants Nitin Garg and Rajan Malik — in the case.

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The ED had filed a charge-sheet against these four in a special PMLA court in Delhi. The court recently took cognisance of the charge-sheet.

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