ED seizes Rs 79 crore worth properties of Punjab firm

Jalandhar: In a money laundering probe related to an environmental crime, the Enforcement Directorate attached properties, including land, building and plant and machinery, worth Rs 79.93 crore belonging to a Punjab-based company involved in water pollution, an official said on Monday. The Enforcement Directorate (ED), Jalandhar Zonal Office, provisionally attached the immovable properties of Malbros International Pvt Ltd on Saturday in the money laundering investigation related to environmental crime, under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.
The ED initiated an investigation based on a criminal complaint filed by the Punjab Pollution Control Board against Malbros International for violating the provisions of the Water (Prevention and Control of Pollution) Act, 1974, by injection of untreated wastewater through reverse boring into deep aquifers.
The ED investigation revealed that the company (with its industrial unit at village Mansoorwal, Tehsil Zira, District Ferozepur) was involved in the generation and acquisition of Proceeds of Crime by deliberately causing pollution of groundwater by persistently and covertly injecting untreated effluents into deep aquifers through reverse boring.
The company was also accused of repeatedly discharging wastewater onto land, drains, and an adjacent sugar mill.
Its daily functioning involved persistent illegal discharge of untreated effluents into land and groundwater, causing large-scale irreparable ecological damage in the form of water pollution and consequent health hazards, causing crop loss, cattle deaths and serious health impacts for residents of villages around its premises, said a statement.















