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xiaomi india misled deutsche bank illegal royalty payments enforcement directorate xiaomi

Xiaomi India Misled Deutsche Bank for Years on ‘Illegal’ Royalty Payments, Documents Show

by Maya Ortiz
Xiaomi India Misled Deutsche Bank for Years on ‘Illegal’ Royalty Payments, Documents Show

Indian investigators have alleged Chinese smartphone maker Xiaomi’s India unit misled its banker Deutsche Bank AG for years by claiming it had an agreement for payment of royalties when it …

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