India raids second Chinese mobile company this month


Source: federalnewsnetwork.com federalnewsnetwork.com

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NEW DELHI (AP) — Indian investigators have raided an Indian subsidiary of Chinese smartphone maker Oppo, accusing it of evading customs duties totaling 43.9 billion rupees ($551 million), the government said Wednesday. The Enforcement Directorate, India’s financial crime investigation agency, said it sent a notice to the company seeking recovery of the money. Oppo India, a subsidiary of China’s Guangdong Oppo Mobile Telecommunications Corp. Ltd, is the second Chinese mobile company to be searched by... NEW DELHI (AP) — Indian investigators have raided an Indian subsidiary of Chinese smartphone maker Oppo, accusing it of evading customs duties totaling 43.9 billion...