Gangtok, March 6 -- The Directorate of Enforcement (ED), Gangtok Sub Zonal Office, has provisionally attached movable and immovable properties worth Rs 65.46 crore under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with the alleged misappropriation and laundering of funds from the State Bank of Sikkim (SBS) by former General Manager (Operations) Dorjee Tshering Lepcha, according to the statement.

https://x.com/dir_ed/status/1897547824772067453

The attached properties include four immovable properties comprising residential buildings and land parcels located at Deorali, Syari, Ranipool, and Penlong, Sikkim. These properties were found to have been acquired using Proceeds of Crime (POC) derived from...