The Serious Fraud Investigation Office (SFIO) will file its chargesheet against Chinese smartphone maker Vivo in December in an alleged fund-diversion case involving more than ₹ 2,000 crore, government sources told Moneycontrol.

The charges have been brought under Section 447 of the Companies Act, 2013, which deals with corporate fraud and carries both civil and criminal penalties. The final penalty will be determined by the Registrar of Companies once the chargesheet is adjudicated, the sources said on condition of anonymity.

According to officials, the wider probe into Vivo, Oppo and Xiaomi has uncovered suspected fraud of over ₹ 6,000 crore, signalling major compliance issues at the three Chinese smartphone brands.

“The chargesheet against Vivo will be filed in December itself as

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