In its criticism, the Enforcement Directorate alleged that over Rs 805 crore used to be siphoned off via accused individuals, leading to a loss to the general 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) in opposition to the chairman of GVK Group of Companies and the managing director of Mumbai International Airport Limited (MIAL).

The case has been registered in opposition to GVK Group Chairman Sanjay Reddy and MIAL Managing Director GV Sanjay Reddy. The ECIR additionally comprises names of a few Airports Authority of India (AAI) officers and 9 different personal corporations.

The case is said to allegations of irregularities to the music of Rs 805 crore. In its criticism, the investigative company alleged that over Rs 805 crore used to be siphoned off via accused individuals, leading to a loss to the general public exchequer between 2012-18.

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

Earlier the CBI had performed searches in reference to the rip-off. MIAL mentioned it used to be “surprised” via the case in opposition to it and added that it might have defined to the agent and supplied essential paperwork if a initial inquiry used to be performed.

In a observation to India Today, MIAL spokesperson mentioned, “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 additionally filed an FIR in opposition to G Venkata Krishna Reddy, GV Sanjay Reddy and officers of the AAI and 9 different personal corporations at the allegations of irregularities to the music of Rs 805 crore.

Let’s start building wealth with us The Wealth Home

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here