Vivo India gets $58 million seized after a massive money laundering probe

08 July 2022
The company funneled nearly $8 billion to China to avoid paying taxes.

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  • ?
  • Anonymous
  • NUw
  • 09 Jul 2022

Chïñese companies keep doing this around the globe in every sphere be it construction, loans, cars or In this case phones from cheap quality internals to Spyware and the obvious money laundering, Atleast India is holding them accountable unlike other countries still unaware of this fiasco.

    I don't blame these chinese trashy companies. They know very well where they are conducting their business, that's India. Those who live here do not have a brain and obviously companies like these who appeared just for the quick cash grab will utilise that.

      Tax collection is only relevent if the governments in place are not corrupted and put peoples money to good use..

      A country like Singapore has little corruption to none

      India on the other hand Im not too sure about

        Good job. The only illegal activity which even druglords or mafias fear is tax evasion. Government will do anything to get their money back. XD

          • L
          • Lancewood
          • tZ4
          • 08 Jul 2022

          First it was Xiaomi and now Vivo. I dont think it's the phone companies, They setup shop in India to make business and money no? Only IDIOTS do charity.
          Sounds like india need to sort out their FDI rules. Wont' be surprised BIG tech companies avoid doing business in india because of this.

            • ?
            • Anonymous
            • Kx7
            • 08 Jul 2022

            Anonymous, 08 Jul 2022no evidence? even now every oppo, vivo, xiaomi, and chin... morego home kid you are drunk...to many watching 007 movie

              • ?
              • Anonymous
              • 4Iy
              • 08 Jul 2022

              despite my previous comment, good on xiaomi


              money laundering laws are garbage

                • ?
                • Anonymous
                • 4Iy
                • 08 Jul 2022

                Kev, 08 Jul 2022This was my first reaction too; it's a bit bizarre, an... moreno evidence?

                even now every oppo, vivo, xiaomi, and chinese phone except maybe oneplus constantly pings Chinese govt servers. have you ever monitored your own internet traffic lol? huawei got banned bc they were sending actual data like audio and video rather than things like location and usage habits

                  • ?
                  • Anonymous
                  • X}d
                  • 08 Jul 2022

                  Anonymous, 08 Jul 2022so people already forgot that xiaomi came out innocent, but... morewhen did they came out innocent, you need a fact check

                    • ?
                    • Anonymous
                    • X}d
                    • 08 Jul 2022

                    Kev, 08 Jul 2022This was my first reaction too; it's a bit bizarre, an... moreyou need a fact check, there have always been issues with chinese operations - be it any industry and not paying taxes is totally unethical and illegal

                      Anonymous, 08 Jul 2022so people already forgot that xiaomi came out innocent, but... moreXiaomi came out innocent...when? I think investigation is still on

                        • b
                        • blue
                        • 0CN
                        • 08 Jul 2022

                        Kev, 08 Jul 2022This was my first reaction too; it's a bit bizarre, an... moreSo you say that they should let them go with money laudering, since some other company had problems in the USA? Maybe after Vivo the same can happen to other BBK brands, if they act this same way...

                          Babla, 08 Jul 2022China being China doing shady things in other countries and... moreHahaha typical of them.

                            • ?
                            • Anonymous
                            • j0c
                            • 08 Jul 2022

                            If the tax evasion turns out to be true then vivo directors are gigachads. The era of people protecting their income from the state's hands and waste has arrived

                              • K
                              • Kev
                              • gy@
                              • 08 Jul 2022

                              Nick Tegrataker, 08 Jul 2022Given the fact that the India-China relationship has been a... moreThis was my first reaction too; it's a bit bizarre, and confusing. Like, why?

                              It's already bad enough that USA is throwing allegations against Huawei with no evidence, but India doing the same against another Chinese company? Sorry, India, but BBKs got plenty of other companies to take its place if you're gonna cut one down.

                              Also, if you guys see the Division's leaders fleeing as a sign, they're doing it out of fear, not wrongdoing. Remember what America did to Huawei's CEO's daughter?

                                • ?
                                • Anonymous
                                • Kx7
                                • 08 Jul 2022

                                Nick, 08 Jul 2022Chinese companies are always like this... Stealing stealing... moredude all companies are like this even Qualcomm and apple stealing each other's

                                  Given the fact that the India-China relationship has been absolutely terrible following the ongoing border dispute, I can't help but take this so-called "allegation" with several buckets of salt. This whole movement along with its punishments towards Xiaomi seems more of an economical sanction to me.

                                    Thieves ran away from country. Government should ban Vivo altogether

                                      • ?
                                      • Anonymous
                                      • 7kj
                                      • 08 Jul 2022

                                      so people already forgot that xiaomi came out innocent, but the poor guy needed to go down from his position

                                        • D
                                        • Deet
                                        • vbD
                                        • 08 Jul 2022

                                        Obey the law of the land. Recently Gionee was also caught red handed in illegal activities by Chinese authority in China. Gionee is also a Chinese co. Nice job Indian authorities.

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