After CBI, ED set to charge GVK Group for Mumbai airport 'irregularities'

GVK group chairman GVK Reddy and his business associates allegedly siphoned off funds belonging to Mumbai International Airport Ltd

The Enforcement Directorate (ED) is set to charge the promoters of the GVK group of companies and officials of Mumbai International Airport Ltd (MIAL), the company the group runs, with money laundering.

This came after the Central Bureau of Inves­tigation (CBI) unearthed a multi-crore scam of Rs 705 crore in managing the affairs of the airport.

The CBI on June 27 filed a criminal case against 14 persons including those of the GVK group, its chairman G V K Reddy, his son G V Sanjay Reddy, and officials of MIAL, the Airports Authority of India (AAI), and several entities for