A court has granted bail to three individuals accused in a money laundering case involving Chinese smartphone-maker vivo. The judge accepted arguments that the accused cooperated during the investigation and were not flight risks. The Enforcement Directorate (ED) had alleged a major money laundering racket involving vivo and Indian companies, with Rs 62,476 crore transferred to China to evade Indian taxes. The accused, who appeared in court as per summons, were not arrested during the investigation.
Bail Granted to Accused in vivo Money Laundering Case
![](https://affairsace-media.s3.ap-south-1.amazonaws.com/2024/05/06074712/1657198055-0247-ezgif.com-avif-to-jpg-converter.jpg)