Without naming Huawei, India’s finance ministry said a major telecoms group failed to book 4 billion rupees ($52 million) in revenue on its books and reported expenses of 4.8 billion rupees that the company didn’t justify.
An Indian tax investigation into Huawei Technologies revealed that the telecom equipment maker had tampered with accounts to reduce its taxable income in the country, an Indian government source told Reuters.
The allegations by the Indian government stem from raids by its tax authorities on the premises of Huawei’s New Delhi office last month., near Gurugram and Technology Center of Bengaluru. The homes of senior executives were also searched.
India’s Treasury said further investigations were ongoing. The move comes amid escalating tensions between India and China following a border dispute between neighboring countries in 2020.
In February, India blocked access to 54 mobile apps, mostly of Chinese origin, citing security concerns.
also read : India bans Chinese apps again, worrying Beijing
Globally, Huawei has been the focus of a campaign by the United States, which has urged its allies to ban the company from their 5G networks over espionage concerns. Huawei denied that it was a security risk.
In India, when appointing foreign network equipment vendors, the government banned Huawei from conducting 5G trials in one of the world’s largest markets by the number of mobile phone users.
Huawei has also been hampered by trade restrictions the US government has placed on the sale of chips and other components used in its network equipment and smartphone businesses.
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