Delhi High Court grants bail to ex-Lava Mobile head in Vivo-related money laundering case.

The Delhi High Court has granted bail to Hari Om Rai, the former Managing Director of Lava Mobile, in a money laundering case involving Vivo India. Rai was arrested last year by the Enforcement Directorate (ED) over allegations of transferring a large sum of money to China to evade taxes. Vivo denies these claims. The trial court had previously denied bail, citing the seriousness of the allegations.

November 20, 2024
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