NEW DELHI, Dec 23: On December 23, official sources announced that the ED had made three new arrests in relation to its money laundering investigation against Vivo, a Chinese smartphone manufacturer, and several other individuals. According to them, the three have been placed in detention in accordance with the PMLA (Prevention of Money Laundering Act). The three individuals’ identities were not immediately known. In this case, the federal agency had already made four arrests: Chinese national Guangwen, alias Andrew Kuang, MD of mobile company Lava International Hari Om Rai, and chartered accountants Nitin Garg and Rajan Malik. They are currently being held by judges. A special PMLA court in Delhi recently received a chargesheet that the ED had filed against these individuals, and the court has since taken cognizance of it.
