The Managing Director of Lava International, Hariom Rai, has recently filed a bail petition in trial court citing medical grounds. The plea also stated that the allegations made against him were false and absurd. He has no direct or indirect control over Vivo's business, nor has he derived any monetary benefit, nor has he engaged in any transaction with Vivo or any entity allegedly related to Vivo, let alone having been associated with any alleged 'proceeds of crime'.
