Gangtok: Three employees of State Bank of Sikkim (SBS) have been accused of embezzling Rs 69 crore. The accused bank employees include general manager (operations) Dorjee Tshering Lepcha, assistant manager (IT) Tsewang Dorjee Lepcha and senior accounts assistant Tilak Rai. The three worked at the head office in Gangtok of the state-run bank.
SBS has filed an FIR with CID Sikkim Police who registered the case under the Indian Penal code sections 34, IPC 120B criminal conspiracy, IPC 409 in any manner entrusted with property, or with any dominion over property in his capacity of a public servant or in the way of his business as a banker, merchant, factor, broker, attorney or agent, commits criminal breach of trust in respect of that property. IPC 420 cheating and dishonestly inducing delivery of property, IPC 477A falsification of accounts. Along with relevant sections of IT Act 2000.
The three accused employees used various accounts to commit the scam. They had opened various fixed deposits in the name of a State government assistant engineer besides investing in immovable and movable assets.
The funds were transferred to the account of Dorjee Tshering Lepcha’s wife who works as an engineer in the State government’s road and bridges department.
The FIR was filed on April 30, with FIR being registered on May 14
SBS was able to trace, locate the embezzled funds and recover Rs. 50-52 crore. The remaining portion of Rs. 19 crore of embezzled funds is lying in other sources, informed the SBS managing director PW Bhutia to a local media.
He informed how the misappropriation was detected during routine checking of the bank accounts.
The State Bank of Sikkim is worth Rs. 10,000 crore.
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