Mumbai airport development scam: ED registers money laundering case

MUMBAI: Days after the Central Bureau of Investigation (CBI) booked the promoters of Hyderabad-based leading infrastructure conglomerate, the GVK group and the Mumbai International Airport Limited (MIAL) for criminal conspiracy, cheating and fraud resulting in alleged losses to the state exchequer, the Enforcement Directorate (ED) has registered a money laundering case in the said matter, sources in the know told ET.

“Based on the predicate offence registered by the CBI, an Enforcement Case Information Report (ECIR) has been registered and allegation of money laundering is being probed,” said an official privy to the development. According to this source the ED’s case was registered over the weekend.