Reuters reveals India agency summons former Xiaomi head in investigation

Reuters revealed India’s federal financial crime fighting agency has summoned a former India head of China’s Xiaomi, in an investigation of whether the company’s business practices conformed with Indian foreign exchange laws. The Enforcement Directorate has been probing the company since at least February, and in recent weeks asked Manu Kumar Jain, Xiaomi’s former India managing director, to appear before its officers.

The post Reuters reveals India agency summons former Xiaomi head in investigation appeared first on Reuters News Agency.

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