PMLA case: Court sent three days interim CEO of Vivo India and two others in custody

New -delhi, December 24 (IANS). A Delhi court sent three top officials who were recently arrested in the money laundering case against Chinese smartphone manufacturer Vivo to three days. Three accused – Vivo India Interim CEO Hong Zukwan, the CFO of Vivo (CFO) Harinder Dahiya and the adviser Hemant Munjal, were sent three days after the oversight of the Maintenance Directorate (ED). He will be produced in court on December 26. The action was done in the case after the Lava International MD Hariom Rai, Chinese citizens Guangwen Alias ​​Andrew Kuang, Chartered Accountants Nitin Garg and Rajan Malik were arrested on October 10. He spoke to Ians. is fixed to use legal routes to challenge the allegations. ‘On December 20, the court noted the charge sheet filed by the Financial Investigation Agency, in which four accused were nominated. Special Judge Kiran Gupta of Patiala House Court called the accused in judicial detention on February 19, 2024. The Delhi High Court recently rejected the petitions of Habeas Corpus of three people in the money laundering case related to Vivo. The requesters argued that his continuous supervision in the Tihar jail was illegal due to a lack of court order to expand his legal supervision from December 7. The court was notified that the accused was not brought before the ASJ-04 for the transfer, after which the case was postponed and issued a production order. After examining the facts, Justices Suresh Kumar Kait and Shalinder Kaur concluded that there was no impediment in the custody of the accused, as the trial court issued a production order to ensure their presence on December 13, indicating legal judicial supervision. The court confirmed the position of the ED and said that the legal representatives of the accused were present and that no objection was made during the issuance of warrants. It has made it clear that continuous supervision is maintained when a valid cause occurs physical incidence, as in this case. The court earlier stated that the investigative agency could make a case for further supervision. The judge said: “It seems that there is continuity in the position accepted by the ED about the withdrawal of digital data and the accused individuals. Therefore, I am considering the established principles of the law and the rules of the Delhi High Court, and I am in this favor. In response to the claim of the Ed that several offensive documents were recovered, an advocate from Guangwen argued: ‘The nature of such documents was not specified and why they are relevant to investigate, the ED did not give or not confirm information. It has only been suggested that they are not a crime with the corporations. ” A source had earlier told Ians that the arrests were made by the financial investigative agency after searching the complexes of four accused and the recovery of cash of Rs 10 Lakh. The ED action was more than a year later when he searched 48 places across the country related to Vivo Mobiles India Private Limited and its 23 collaborators such as Grand Prospect International Communication Private Limited (GPICPL) and claimed to have brushed one. According to the ED, Vivo Mobiles India Private Limited was founded on August 1, 2014 as a subsidiary of the Hong Kong -based company Multi Accord Limited and registered in ROC Delhi. GPICPL is registered on December 3, 2014 with registered addresses of Solan, Himachal Pradesh and Gandhi Nagar, Jammu in Roc Shimla. The ED was initiated by the ED on February 3, 2022, on the basis of a firmened by Delhi police against the PMLA investigation GPICP, its director, shareholders and certified professionals, etc.