"Deteriorated India-China Ties Doesn't Mean...": Lava Boss Seeks Bail

The managing director of phone maker Lava has been arrested with others under the provisions of the Prevention of Money Laundering Act.

Hari Om Rai, the arrested managing director of Lava International Company, told a Delhi court on Wednesday that just because the Sino-India relations have deteriorated over the years, it would not mean that he committed an offence at a time when there were, in fact, friendly business relations between the two countries.

The accused, arrested in a money laundering case against Chinese phone maker Vivo, made the submissions through his lawyer before Special Judge Tarun Yogesh during the hearing of his bail application.

The judge posted the matter for further hearing on December 4.