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Xiaomi’s allegations of recording statement under pressure are false and baseless: ED

New Delhi, May 7 (PTI) The Enforcement Directorate (ED) on Saturday dismissed the allegations of mobile phone maker Xiaomi India as baseless and said that the statements of the company’s officials were recorded under pressure.

The ED has issued this statement in the context of the allegation made by Xiaomi in the Karnataka High Court that during the interrogation of the ED investigators in Bengaluru, the top executives of the company were intimidated besides assault and pressure. Xiaomi India is a wholly owned subsidiary of Chinese mobile manufacturer Xiaomi.

The Enforcement Directorate issued a statement on some reports about Xiaomi’s allegation, saying that it is “a professional agency that takes full care of working ethics and the company’s executives were not threatened or threatened at any time”. The pressure was put on.”

According to this statement, “The allegations that the statements of Xiaomi India officials have been recorded by ED under duress are completely false and baseless. Officials of Xiaomi India have recorded their statements voluntarily before the ED and under the FEMA Act.

Earlier, on April 29, the ED had ordered confiscation of Rs 5,551 crore deposited in Xiaomi’s bank accounts for violating India’s Foreign Exchange Regulation Act (FERA) rules.

However, the Karnataka High Court has stayed this order of the ED this week.

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