The Enforcement Directorate (ED) has provisionally attached movable and immovable assets worth ₹65.46 crore in connection with the misappropriation and laundering of funds from the State Bank of Sikkim (SBS). The action was taken under the Prevention of Money Laundering Act (PMLA), 2002.
The assets belong to Dorjee Tshering Lepcha, former General Manager (Operations) of SBS, and his family members. The attached properties include residential buildings and land in Deorali, Syari, Ranipool, and Penlong, along with bank balances and fixed deposits.
The case involves alleged financial irregularities and fund diversion during Lepcha’s tenure at SBS. The ED’s action is a significant step in recovering misappropriated public funds and ensuring accountability. Investigations are ongoing to trace additional assets linked to the scam.