According to people in the know, the federal agency has alleged that Vivo siphoned off Rs 1 lakh crore from India between 2014 and 2021, with the aid of shell companies. Besides Vivo India, those charge sheeted by the agency are Hari Om Rai, Managing Director of Lava International; Rajan Malik, Nitin Garg (both chartered accountants) and a Chinese national Guangwen Kuang alias Andrew Kuang, a Vivo Mobile India employee who was previously employed with Vivo Mobile Communication, China.
