Why this problem for Virat Kohli..? Vivo brand Ambassador..!?

Chinese companies selling smartphones and electronics in india have been caught by the Enforcement Directorate and the Income Tax Department, which has taken a toll on indian cricketer Virat Kohli. virat kohli is a brand ambassador for more than 20 brands, not just cricket. In this case, Vivo is one of the companies that is currently involved in money fraud and money laundering as the brand ambassador of Virat Kohli.
Chinese mobile phone maker and retailer Vivo has temporarily stopped airing advertisements featuring brand ambassador virat kohli on Vivo Mobiles' television and social media platforms until the money laundering issues are fully resolved. While advertising plays a major role in Virat Kohli's top-earning segment, Vivo's ban on running ads is seen as a major blow. Vivo has also faced investigations into everything from money laundering and money laundering issues to fake documents and the appointment of Chinese officials as CEOs. According to the Enforcement Directorate, the indian unit of the Chinese smartphone manufacturing and sales company Vivo has planned to spend nearly 50 percent of its total turnover of Rs 62,476 crore on china to avoid paying taxes in India. The enforcement department conducted raids at 44 locations belonging to Vivo and 23 of its related companies and seized cash worth Rs 465 crore, Rs 73 lakh in cash, and 2 kg gold bars held in 119 bank accounts belonging to various companies.Two Chinese directors of Solan, a Himachal Pradesh-based company linked to Vivo, have left India. Business Insider has reported that both the directors of the Solan company are Chinese nationals and have been made directors in indian companies through fake documents. At the same time, it has decided to file a case in the delhi High court against the allegations of the enforcement department. Virat kohli is the brand ambassador for 30 brands including Vivo, audi Luxury Cars, American Tourister Luggage, Puma, Tissot Watches, Myntra Fashion, Go Digit General Insurance, and Hyperize Health. The highest-paid celebrity in india is Cricketer Virat Kohli.
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Sowmiya Sriram

09/07/2022 10:51 PM