Four arrested in Vivo money laundering case

The Enforcement Directorate (ED) has arrested four persons, including the MD of the Lava International mobile company and a Chinese national, as part of its ongoing money-laundering probe against Chinese smartphone-maker Vivo, sources said on Tuesday.

They identified the four as Hari Om Rai, the MD of Lava International company, Chinese national Guangwen Kyang, chartered accountant Nitin Garg and a person called Rajan Malik. They have been taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA).