A court in Delhi on January 8 reserved its order on the bail application of Hari Om Rai, the managing director of Lava International, who was arrested in a money laundering case involving Chinese smartphone maker Vivo. Additional Sessions Judge Kiran Gupta has reserved the bail plea order for 12 January after hearing arguments from […]
Enforcement Directorate has filed its main Prosecution Complaint (Chargesheet) in connection with a Prevention of Money Laundering Act (PMLA) case connected to the Chinese mobile phone company Vivo in Delhi’s Patiala House Court. The chargesheet was filed against Chinese national Guangwen Kuang, Andrew, the MD of Lava International Hariom Rai, and two other individuals Nitin […]
The Patiala House Court of Delhi issued a fresh notice to the jail superintendent on Monday with directions to file a medical status report on the cardiology and gastroenterology of Hari Om Rai, Managing Director of Lava International. Hari Om Rai was recently arrested by the Enforcement Directorate along with Chinese national Guangwen Kuang, Andrew, […]
Lava, the homegrown mobile phone brand, has named Sunil Raina as the interim managing director, effective immediately, following board approval. This decision follows the arrest of co-founder and managing director Hari Om Rai in a money laundering case investigated by the enforcement directorate. Upon this promotion, Raina is set to become a full-time director pending […]
The arrest of Hari Om Rau, founder of homegrown device producer Lava International hit the spirits of the mobile manufacturing sector all-time low, ICEA said on Saturday. The Enforcement Directorate arrested Rai concerning an alleged money laundering case involving the Chinese smart devices maker Vivo. “We understand that the morale of the industry has hit […]
