India raids Vivo offices over money laundering allegations

India’s anti-money laundering agency raided more than 40 offices of Chinese phone-maker Vivo across the country on Tuesday over allegations of money laundering, the latest in a series of developments illustrating the growing murky relationship between New Delhi and firms of China origin.
The Enforcement Directorate searched Vivo’s offices across the states of Uttar Pradesh, Bihar, Madhya Pradesh and Maharashtra, according to local media reports.
In a statement, a Vivo spokesperson told TechCrunch that the firm was cooperating with the authorities.
“Vivo India is cooperating w

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