India seizes $725 million assets from Xiaomi over illegal remittances
Edited By WION Video Desk
Published: May 01, 2022, 01:18 IST | Updated: May 01, 2022, 01:18 IST
India's anti-money laundering agency has seized assets worth about 725 million dollars from Xiaomi's local bank accounts in India. The Chinese smartphone giant assets have been seized for breaching India's foreign exchange laws.
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