Indian financial crime agency ED raids Chinese-owned smartphone maker Vivo

Indian financial crime agency ED raids Chinese-owned smartphone maker Vivo

FILE PHOTO: A Vivo logo is seen at a shopping mall in Shanghai, China February 22, 2019. Picture taken February 22, 2019. REUTERS/Aly Song

India’s financial crime-fighting agency on Tuesday raided the offices of smartphone maker Vivo, owned by China’s BBK Electronics, and its related entities, a senior government official and an industry executive told Reuters.