Photo Courtesy: India Today Group
Gangtok: Sikkim Vigilance Police arrested a former General Manager of the State Bank of Sikkim on September 28. The arrest followed a probe into allegations that the official and his family held assets far beyond their known income. The official allegedly siphoned crores of rupees from customers and beneficiaries while leading the bank from 2022 to 2024.
Vigilance officers raided homes in and around Gangtok and Siliguri. They seized documents and evidence pointing to the use of criminal proceeds to buy land and buildings. Many properties were registered under the names of the man and his wife. The department stated, "The seized material indicated the suspected use of proceeds of crime."
Authorities are now working to calculate the total value of these assets. They intend to start attachment proceedings soon. This is not the first legal trouble for the former manager. The Enforcement Directorate previously attached his immovable properties in connection with an earlier FIR. Investigators are currently handling several other cases involving alleged corruption across multiple State Bank of Sikkim branches.
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