New Delhi : Vivo China through Vivo India created an elaborate network of companies under a corporate veil and acquired proceeds of crime (PoC) to the tune of over Rs 20,000 crore, the Enforcement Directorate (ED) probe has revealed. The details were revealed in the charge sheet filed by the ED before a court here on December 7. The charge sheet, which has been viewed by IANS, claimed, “Vivo China, through Vivo India, created an elaborate network of companies under a corporate veil and on piercing the corporate veil, the real beneficial ownership and control of all these entities is revealed. “In other words, all the SDCs are controlled by Vivo India which in turn are controlled by Vivo Chi
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