GVK, son in CBI net for Rs 705 crore airport scandal
Mumbai: The Central Bureau of Investigation (CBI) on Thursday registered a case against Dr G. Venkata Krishna (GVK) Reddy, chairman of the GVK Group of companies, and his son G.V. Sanjay Reddy, the managing director of Mumbai International Airport Ltd (MIAL), and few others, for alleged irregularities worth Rs 705 crore in the running of the airport.
The agency also carried out searches at the offices of the GVK group in Mumbai and Hyderabad. The Enforcement Directorate (ED) is also likely to charge promoters of the GVK Group for alleged money laundering.
