Vivo, Oppo, Xiaomi under SFIO probe for fund diversion of nearly ₹6,000 crore: Report
NEW DELHI: The Serious Fraud Investigation Officer (SFIO), on the Ministry of Corporate Affairs’ (MCA) direction, has started a probe into Chinese Vivo, Oppo, and Xiaomi after the Registrar of Companies (RoC) alleged fund diversion of nearly ₹6,000 crore by the smartphone brands, Moneycontrol reported on Wednesday citing two unnamed government sources.
