Author Topic: Xiaomi misled Deutsche Bank on illegal royalty payments: ED (Read 236 times)

today · « **on:** November 04, 2022, 06:38:49 am »

Xiaomi misled Deutsche Bank on illegal royalty payments: ED
The Enforcement Directorate (ED) has accused the India unit of Chinese smartphone maker Xiaomi Corporation of misleading its banker Deutsche Bank for years by claiming it had an agreement for payment of royalties when it had none, according to legal documents. Xiaomi is involved in a face off with ED since the latter froze $670 million of its bank assets.

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Author Topic: Xiaomi misled Deutsche Bank on illegal royalty payments: ED (Read 236 times)

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Xiaomi misled Deutsche Bank on illegal royalty payments: ED

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