Real Estate Controversy: Ansal Properties Faces Money Laundering Charges

The Enforcement Directorate has filed a money laundering chargesheet against Ansal Properties and its directors for violating environmental regulations. The real estate giant allegedly failed to properly treat sewage waste, posing environmental and public health risks, while unduly benefitting financially, amounting to Rs 10.55 crore.

The Enforcement Directorate has made headlines by filing a money laundering chargesheet against Gurugram-based real estate firm Ansal Properties and Infrastructure Ltd. (APIL) and its directors, Sushil Ansal, Pranav Ansal, and Gopal Ansal.

The federal agency's prosecution complaint, brought before a special PMLA court, alleges violations of environmental law as APIL reportedly did not install adequate sewage treatment facilities, which were subsequently neglected. This negligence purportedly provided the company with undue financial benefits while compromising public health and environment standards.

Valued at Rs 10.55 crore, the alleged proceeds from these operations were previously subject to property attachment by the ED in locations including Gurugram, Greater Noida, and Ludhiana. This case originally stems from a Haryana State Pollution Control Board charge sheet.

(With inputs from agencies.)