PIL seeks probe of twin tunnel contract

PIL flags illegalities in twin tunnels contract; says bank that gave guarantee was not recognised by RBI

- Karuna Nidhi

MUMBAI: A Public Interest Litigation (PIL) has been filed in the Bombay high court seeking an investigation into allegedly fake bank guarantees furnished by Megha Engineering Infrastructure Ltd (MEIL) in the ₹16,600-crore contract for the construction of the Thane-Borivali twin tunnels project.

In his PIL, Ravi Prakash Velicheti, an investigative journalist, claimed to have uncovered details of fake bank guarantees given by MEIL to the Mumbai Metropolitan Region Development Authority (MMRDA). Velicheti said that since July 15, 2024, he had sent a number of complaints to the Ministry of Finance, RBI, CBI, ED, CAG, CVC etc. and other statutory authorities, to take action against MEIL and MMRDA for using allegedly fake bank guarantees to secure the bid for the project.