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ED conducts searches at GVK Group in Hyderabad
TIWN
TIWN
PHOTO : TIWN
Hyderabad, July 30 (TIWN) The Enforcement Directorate (ED) is conducting searches in Hyderabad on Tuesday against the GVK Group in connection with the money laundering probe in the Mumbai International Airport Limited (MIAL) case.
The development comes weeks after the CBI had initially conducted searches at the Mumbai and Hyderabad offices of GVK group on July 2.
ED had earlier registered Enforcement Case Information Report (ECIR) against the chairman of GVK Group of Companies and the managing director of Mumbai International Airport Limited (MIAL) in connection with the case
It may be noted that the case is related to allegations of irregularities to the tune of Rs 805 crore.
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