Hyderabad: The Enforcement Directorate (ED) has filed prosecution complaints before the Special PMLA Court, Hyderabad, in two separate money laundering cases. The matters involve major financial and environmental violations.
In the first case, ED charged Akula Kishan, a former Indian Forest Service officer, along with others under the Prevention of Money Laundering Act (PMLA), 2002. The court took up the case on August 13 after an FIR by the CID, Hyderabad.
Investigators said Kishan headed the Andhra Pradesh Women’s Co-operative Finance Corporation (APWCFC) between April 2005 and 2008. During this period, he allegedly worked with private parties to misuse funds. The offences include irregular appointments, unauthorised land deals, fake agreements, hidden bank accounts, inflated purchases, and diversion of ₹15.39 crore in loans to ineligible persons and benamis without proper papers.
The ED said Kishan and CEO V. Santosh Kumar moved ₹7.5 crore into personal accounts. This caused a loss of ₹23.46 crore to APWCFC and the government. The money was then used for personal benefit. Earlier, the ED attached Kishan’s properties worth ₹1.26 crore.
In the second case, ED booked M/s Al Kabeer Exports Pvt Ltd and its director after a complaint from the Telangana State Pollution Control Board (TSPCB). The meat processing firm allegedly broke rules on hazardous waste disposal. It dumped untreated slaughter waste in open areas, polluting nearby land and water.
The ED said the company avoided the required waste treatment and made ₹61 lakh in illegal gains. This money was used for other purposes. The agency had already attached a fixed deposit of ₹61 lakh belonging to the company.
