New Delhi

 

The Enforcement Directorate (ED) may question a bureaucrat and few government officials on whose address a Chinese national and an ex-director of Vivo, had incorporated a firm.

 

The Chinese national had intentionally provided address of  Gandhinagar, Jammu and Solan. While one of the addresses was found to be a government building, the other was of a senior bureaucrat.

 

 

According to the FIR, GPICPL and its shareholders had used forged identification documents and falsified addresses at the time of incorporation. 

 

The ED has said that out of the total sale proceeds of Rs 1,25,185 crores, Vivo India remitted Rs 62,476 crores. i.e, almost 50 per cent of the turnover out of India, mainly to China.

A senior ED official said that on July 5, they searhed 48 locations spanning across the country belonging to VIVO Mobiles India Private Limited and its 23 associated companies such as GPICPL.

 

Vivo Mobiles India Pvt Ltd was incorporated on August 1, 2014 as a subsidiary of Multi Accord Ltd, a Hong Kong based company and was registered at ROC Delhi. GPICPL was registered on December 3, 2014 at ROC Shimla, with registered addresses of Solan, Himachal Pradesh and Gandhinagar, Jammu.

 

The said company was incorporated by Zhengshen Ou, Bin Lou and Zhang Jie with the help of one Nitin Garg, a Chartered Accountant (CA). Lou left India on April 26, 2018 whereas Ou and Jie left India in 2021.

 

ED's investigation showed that the same director of GPICPL, Lou, was also an ex-director of Vivo. He had incorporated multiple companies across the country spread across various states.

 

"These entities are Rui Chuang Technologies Private Limited (Ahmedabad), V Dream Technology & Communication Private Ltd (Hyderabad), Regenvo Mobile Private Limited (Lucknow), Fangs Technology Private Limited (Chennai), Weiwo Communication Private Limited (Bangalore), Bubugao Communication Private Limited (Jaipur), Haicheng Mobile (India) Private Limited (New Delhi), Joinmay Mumbai Electronics Pvt. Ltd (Mumbai), Yingjia Communication Private Limited (Kolkata), Jie Lian Mobile India Pvt. Ltd. (Indore), Vigour Mobile India Private Limited (Gurgaon), Hisoa Electronic Private Limited (Pune), Haijin Trade India Private Limited (Kochi), Rongsheng Mobile India Private Limited (Guwahati), Morefun Communication Private Limited (Patna), Aohua Mobile India Private Limited (Raipur), Pioneer Mobile Private Limited (Bhubhaneswar), Unimay Electronic Private Limited (Nagpur), Junwei Electronic Private Limited (Aurangabad), Huijin Electronic India Private Limited (Ranchi), MGM Sales Private Limited (Dehradun), Joinmay Electronic Pvt Ltd (Mumbai)," the ED said.

 

The ED said that these companies were found to have transferred huge amount of funds to Vivo India. Further, out of the total sale proceeds of Rs 1,25,185 crores, Vivo India remitted Rs 62,476 crores. i.e, almost 50 per cent of the turnover out of India, mainly to China.

 

These remittances were made in order to disclose huge losses in Indian incorporated companies to avoid payment of taxes in India. All due procedures as per law were followed during the said operations at each premise. 

 

The employees of Vivo India, including some Chinese nationals did not cooperate during the search and tried to abscond, remove and hide digital devices which were retrieved by the search teams.

 

 So far, 119 bank accounts of various entities with gross balance to the tune of Rs 465 crore including FDs to the tune of 66 crores of Vivo India, 2 kg gold bars, and cash amount to the tune of approximately Rs 73 lakh have been seized under the provisions of PMLA, 2002.