Jalandhar: ED attaches assets worth Rs 79.93 cr in money-laundering probe

The investigation revealed that M/s Malbros International Pvt Ltd (with its industrial unit at village Mansoorwal, Tehsil Zira, Ferozepur) was involved in generation and acquisition of Proceeds of Crime. It deliberately polluted ground water by persistently and covertly injecting untreated effluents into deep aquifers through reverse boring, and repeatedly discharging wastewater onto land, drains, and an adjacent sugar mill, according to the investigation.

Its persistent illegal discharge of untreated effluents caused large‑scale irreparable ecological damage in form of water pollution and consequent health hazards causing crop loss, cattle deaths and serious health impacts in villages around, the ED mentioned in its press release.

Earlier, searches were conducted at six locations on July 16, 2024, and an amount of Rs 78.15 lakh in cash was seized from the premises of the company and its directors, under the PMLA, Section 17.