SYDNEY (Reuters) -The Australian corporate regulator has sued the country's stock market operator alleging it misled the public about the progress of a troubled software upgrade and accusing the company of undermining financial market integrity and investor confidence.
PUTRAJAYA: Five electronic waste facilities that failed to comply with the Environmental Quality Act 1974 have been subjected to equipment operation suspension under Section 38 of the Act.) said the action was taken to prevent ongoing pollution that could harm the health of residents living near Segamat Industrial Area 2 in Johor.
"The DOE is also in the process of completing investigation papers for legal action against these five premises," he said in a statement on Wednesday . Wan Abdul Latiff added that if convicted, the premises owners could face severe penalties under the Act, including fines of up to RM250,000 or imprisonment of up to five years, or both under Section 18.
He said the DOE would continue to monitor the industrial area to identify any premises that may still be processing scheduled waste without the department's approval.
Premises E-Waste Pollution Illegal Licence Department Of Environment Legal Action
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