The Enforcement Directorate, India’s financial investigation agency, said the smartphone maker had transferred US$725 million to ‘three foreign-based entities’ under the guise of royalty payments.
Source link
Tags China india Manu Kumar Jain New Delhi smartphone wang yi Xiaomi
Check Also
China’s Australian coking coal order another sign of fast-thawing ties
Before the Lunar New Year, 80,000 tonnes of coking coal was ordered from the Moranbah …