ED files charges against GVK group, promoters for Mumbai airport 'scam'

Action follows criminal case by CBI on July 27 against GVK Group Chairman Sanjay Reddy and MIAL Managing Director GV Sanjay Reddy

The Enforcement Directorate (ED) on Tuesday pressed money-laundering charges against the promoters of the GVK group of companies, officials of Mumbai International Airport Ltd (MIAL), and a few other entities in connection with the alleged Rs 705-crore Mumbai airport scam.

Confirming the development, an ED official said the enforcement case information report (ECIR), which is equivalent to a police first information report, was filed under Section 3 of the Prevention of Money Laundering Act (PMLA). Section 3 deals with concealing proceeds of a crime where the accused shall be guilty of money laundering.