Latest news with #AlKabeerExports
Time of India
6 days ago
- Time of India
ED files prosecution complaint against Al Kabeer Exports in money laundering case
Hyderabad: The Directorate of Enforcement (ED) has filed a prosecution complaint against Al Kabeer Exports and its director under the Prevention of Money Laundering Act (PMLA) on Aug 5, as acknowledged by the special PMLA court in Hyderabad. The ED initiated the investigation following a complaint by the Telangana State Pollution Control Board (TSPCB) before the court of Special Mobile Judicial First Class Magistrate in Sangareddy. According to the complaint, Al Kabeer Exports, which processes frozen buffalo meat, failed to comply with TSPCB norms for classifying and disposing of solid waste generated during animal slaughter. The company was accused of violating Sections 24 and 43 of the Water (Prevention and Control of Pollution) Act by not adhering to the proper treatment protocols for solid waste. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad | Gold Rates Today in Hyderabad | Silver Rates Today in Hyderabad Further investigation revealed that Al Kabeer Exports did not comply with statutory requirements for treating hazardous solid meat waste at their premises. Instead, the company disposed of the hazardous waste in open areas, resulting in pollution of the surrounding surface and groundwater. Additionally, the ED discovered that the company generated proceeds of crime amounting to Rs 61 lakh. Rather than using this amount for treating hazardous waste, the company and its director diverted the funds for other purposes. Earlier, the ED had attached movable property, specifically a fixed deposit of Rs 61 lakh, belonging to Al Kabeer Exports. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
The Hindu
6 days ago
- The Hindu
ED files prosecution complaint against Al Kabeer Exports in ₹61 lakh money laundering case
The Directorate of Enforcement (ED), Hyderabad Zonal Office, has filed a prosecution complaint against M/s Al Kabeer Exports Pvt Ltd and its director under the Prevention of Money Laundering Act (PMLA), 2002. The complaint, lodged before the Special PMLA Court in Hyderabad, was taken cognisance of on August 5, 2025. The action follows a complaint filed by the Telangana State Pollution Control Board (TSPCB) before the Special Mobile Judicial First Class Magistrate, Sangareddy, in 2017. According to the TSPCB, Al Kabeer Exports, which processes frozen buffalo meat, had been granted permission to operate on the condition that all solid waste generated during animal slaughter would be properly classified and disposed of in accordance with environmental norms. However, the company allegedly failed to adhere to these requirements, committing offences under Sections 24 and 43 of the Water (Prevention and Control of Pollution) Act, 1974. The ED's investigation found that the company did not treat hazardous solid meat waste as mandated, instead disposing of it in open areas. This, the agency said, led to pollution of surface and groundwater in surrounding areas. The probe further revealed that the company generated proceeds of crime amounting to ₹61 lakh through these violations. Rather than using the funds for proper waste treatment, the company and its director allegedly diverted the money for other purposes. Earlier, the ED had provisionally attached movable property in the form of fixed deposits worth ₹61 lakh belonging to Al Kabeer Exports.
