India seizes $725 million assets from Xiaomi unit over illegal remittances - TechCrunch
4/30/2022 12:00:00 AM3 yearsago
by Manish Singh
by Manish Singh
India's anti-money laundering agency said on Saturday it has seized assets worth about $725 million from Xiaomi India for breaching foreign exchange laws.
India’s anti-money laundering agency said on Saturday it has seized assets worth about $725 million from Xiaomi India for breaching the country’s foreign exchange laws in a major blow to the Chinese … [+1696 chars]
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