India raids unit of China's Oppo over $551-M duties

By Associated Press

Jul 15, 2022 12:01 am

NEW DELHI: Indian investigators have raided an Indian subsidiary of Chinese smartphone maker Oppo, accusing it of evading customs duties totaling 43.9 billion rupees ($551 million), the government said on Wednesday.

The Enforcement Directorate, India's financial crime investigation agency, said it sent a notice to the company seeking the money's recovery.

CLOSED FOR BUSINESS This June 18, 2020 file photo shows a man speaking on his mobile phone in front of a shop selling Oppo phones in Noida, on the outskirts of India’s capital New Delhi. AP PHOTO

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