The Enforcement Directorate (ED) has arrested four individuals, including the Managing Director of Lava International, Hari Om Rai, and a Chinese national, in connection with a money-laundering investigation related to smartphone-maker Vivo. The ED alleges that their actions were detrimental to India’s economic sovereignty. According to the ED, Rai, in collusion with others, facilitated Vivo China to fraudulently establish a complex structure in India, violating FDI norms. The accused individuals are charged with cheating government authorities, using forged identity cards, and enabling Vivo India to acquire significant wrongful gains. The arrested persons have been remanded to ED custody until October 13.