Saturday, May 8, 2021
Home BUSINESS ED registers case in Rs 805 crore Mumbai Airport scam case

ED registers case in Rs 805 crore Mumbai Airport scam case

In its complaint, the Enforcement Directorate alleged that over Rs 805 crore was siphoned off by accused persons, resulting in a loss to the public exchequer between 2012-18.

GVK Group chairman GVK Reddy and son GV Sanjay Reddy.

The Enforcement Directorate has registered an Enforcement Case Information Report (ECIR) against the chairman of GVK Group of Companies and the managing director of Mumbai International Airport Limited (MIAL).

The case has been registered against GVK Group Chairman Sanjay Reddy and MIAL Managing Director GV Sanjay Reddy. The ECIR also includes names of some Airports Authority of India (AAI) officials and nine other private firms.

The case is related to allegations of irregularities to the tune of Rs 805 crore. In its complaint, the investigative agency alleged that over Rs 805 crore was siphoned off by accused persons, resulting in a loss to the public exchequer between 2012-18.

Also Read | Surprised but will cooperate: Mumbai International Airport Ltd on Rs 805 crore scam

Earlier the CBI had conducted searches in connection with the scam. MIAL said it was “surprised” by the case against it and added that it would have explained to the agent and provided necessary documents if a preliminary inquiry was conducted.

In a statement to India Today, MIAL spokesperson said, “We would have provided every assistance had the agency sought explanation or any document even if a preliminary inquiry had been initiated. MIAL is a transparent and responsible corporate entity that is committed to cooperating with the agency in its investigation to arrive at the truth”.

The CBI has also filed an FIR against G Venkata Krishna Reddy, GV Sanjay Reddy and officials of the AAI and nine other private firms on the allegations of irregularities to the tune of Rs 805 crore.

Also Read | CBI searches premises of MIAL, GVK in Rs 805 crore scam

Also Read | CBI books GVK Group chairman GVK Reddy, son for siphoning off Rs 705 crore from MIAL

IndiaToday.in has plenty of useful resources that can help you better understand the coronavirus pandemic and protect yourself. Read our comprehensive guide (with information on how the virus spreads, precautions and symptoms), watch an expert debunk myths, and access our dedicated coronavirus page.
Get real-time alerts and all the news on your phone with the all-new India Today app. Download from

  • Andriod App
  • IOS App

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Indian Staffing Market will be the largest market in the world, today the industry is an over 6 billion dollar industry, says Mr Sultan...

Mumbai: According to Mr Sultan Khan, Founder & Director of EaseConnect HR Services Pvt. Ltd. Indian Staffing Market will be the largest market in...

HSE Interview Questions & Answers

What is Safety? The condition of being protected from or unlikely to cause danger, risk, or injury is Called Safety. What is the accident? It is an...

Putham Pudhu Kaalai trailer: Five Tamil filmmakers bring five stories of love in the time of Covid-19

The trailer of Amazon Prime’s upcoming Tamil film Putham Pudhu Kaalai was unveiled on Monday by filmmaker Mani Ratnam and composer A.R Rahman. Tamil...