China on Monday introduced that it’ll provide consular protection to the employees of one of many nation’s largest smartphone company, who’ve been arrested in India. It additional assured agency backing to the Chinese companies in defending their lawful rights and pursuits.
Three executives of the smartphone company have been arrested by the Enforcement Directorate (ED) in connection to a cash laundering probe towards the agency and others. Asked for her response to the arrests, Chinese Foreign Ministry spokesperson Mao Ning instructed a media briefing right here on Monday that China is carefully following the difficulty.
“The Chinese embassy and consulates in India will continue to provide consular protection and assistance to the individuals concerned in accordance with the law,” she mentioned. “The Chinese government firmly supports Chinese businesses in safeguarding their lawful rights and interests. We hope that India will fully recognise the mutually beneficial nature of the business cooperation between our two countries and provide a fair, just, transparent and non-discriminatory business environment,” she mentioned.
The Interim CEO of the company Terry — a Chinese nationwide — Chief Financial Officer (CFO) Harinder Dahiya and guide Hemant Munjal have been taken into custody below the provisions of the Prevention of Money Laundering Act (PMLA). The federal company had earlier made 4 arrests in the case which included cell company Lava International’s MD Hari Om Rai, Chinese nationwide Guangwen alias Andrew Kuang and chartered accountants Nitin Garg and Rajan Malik. They are in judicial custody at current.
(With inputs from PTI)
