ED seizes Rs 5,551 crore from Chinese Smartphone giant Xiaomi India
- 2 years ago
The #EnforcementDirectorate (ED) on April 30 disclosed that it had seized more than Rs 5,500 crore in assets from the Indian subordinate of #ChineseSmartphone maker #Xiaomi, on top of that law enforcement agency said that the firm had made unlawful remittances to foreign entities and shown them as royalty payments.
#XiaomiIndia
#XiaomiIndia