The Delhi High Court on Wednesday issued directives to three executives of Vivo Mobile India Pvt., who had been granted bail in late December on charges of money laundering. The court instructed them not to leave the country and required them to submit an undertaking to this effect.
The High Court also mandated the executives to regularly report to the office of the Enforcement Directorate every Monday and Friday until Jan. 11, the scheduled date for the hearing of the case.
The background of the case involves an appeal by the ED against a Delhi court order, which directed the release of three Vivo-India executives held in custody for a money laundering case. The Patiala House Court in Delhi had granted bail to Hong Xuquan, Harinder Dahiya, and Hemant Munjal on Dec. 30, each on bail bonds of Rs 2 lakh.
The accusations against the executives stemmed from an Enforcement Directorate search of their residences on Dec. 21, where they were served summons under the Prevention of Money…