PMLA court issues process against GVK Airport Developers, MIAL, Sanjay Reddy

A special PMLA (Prevention of Money Laundering Act) court has issued process against representatives of GVK Airport Developers Ltd., Mumbai International Airport Limited (MIAL) and its managing director GV Sanjay Reddy and 18 others on the basis of a complaint by the Enforcement Directorate (ED). The court has asked them to appear before it on September 22.

ED has, in May, filed a charge sheet against all the 21 accused.

Special PMLA judge MG Deshpande in a detailed order said, “MIAL had allegedly entered into bogus contract of ₹310 crore during 2017-2018 with nine firms/companies, but against the same, no work was executed.”