ED denies allegations made by Xiaomi India that statements of its officials were taken under coercion as untrue and baseless

Press Release Dated: 07.05.2022

1. The allegations that the statement of the officials of Xiaomi India was taken under coercion by ED is untrue and baseless. The officials of the Xiaomi India deposed their statements before ED under FEMA voluntarily in the most conducive environment on various occasions. The statements were deposed by them on the basis of documents/information provided by the company during the course of investigation. Their statements corroborate with the written replies submitted to ED and the materials on record.

2. Statements of Manu Kumar Jain were recorded on 13.04.2022, 14.04.2022, 21.04.2022 and 26.04.2022 and statements of Sameer B S Rao were recorded on 25.03.2022, 14.04.2022, 19.04.2022, 21.04.2022, 22.04.2022 and 26.04.2022.

3. However, no complaint was filed by them at any point of time during recording of statements at various occasions. Last statement of the officials of the company was recorded on 26.04.2022 and the seizure order was passed on 29.04.2022. It appears that allegation now made after passage of substantial time is an afterthought. The allegations are baseless and far from the facts.

4. It is reiterated that ED is a professional agency with strong work ethics and there was no coercion or threat to the officers of the company at any point of time.

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