India seizes $725 million from Xiaomi - Engadget


4/30/2022 12:00:00 AM3 yearsago
by https://www.engadget.com/about/editors/igor-bonifacic

India has seized assets worth approximately $725 million from Xiaomi India after the country’s anti-money laundering agency found the subsidiary had broken local foreign exchange laws..

India has seized assets worth approximately $725 million from Xiaomi India after the countrys anti-money laundering agency found the subsidiary had broken local foreign exchange laws. According to  … [+1572 chars]

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