Mumbai Airport scam: ED's big action against JVK group and MIAL
Mumbai Airport scam: ED's big action against JVK group and MIAL
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New Delhi: The Enforcement Directorate (ED) has filed a money laundering case against GV Sanjay Reddy, an officer of the Airport Authority of India and Mumbai International Airport Limited (MIAL), director of the GVK Group in the Mumbai airport scam case. Earlier on June 27, the CBI had filed a case of forgery of 800 crores against all these accused and raided their bases.

The ED, after registering a case of money laundering, will investigate how this 800 crore scam was done and where the money was diverted. The CBI investigation so far has revealed that the Airport Authority of India and GV Sanjay have jointly carried out the scam. Investigation agencies believe that the scam may be more than 800 crores, but it will be revealed only after investigation.

Earlier, the CBI had registered a case and raided it. In which it was revealed that in 2006, under the privatization of the airport, there were agreements under the Airport Authority of India and GVK Group for the modernization upgrade and maintenance of the Mumbai airport. Under this agreement, GVK owned 50.5% and 26% was with the Airport Authority of India, the rest was with other companies. According to the rule, part of the revenue was to go first to the Airport Authority of India and then to GVK.

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