📷 Image: Wikimedia Commons / Prof Ranga Sai
Crime
Former SBS General Manager Arrested by Vigilance Police in Embezzlement Probe
✍️ Sikkimexpress
🗓 01 Oct 2026, 02:01 AM
👁 14
Vigilance police have taken into custody the former general manager of SBS on suspicion of embezzling funds, linking the arrest to a pending DA case.
The vigilance wing of the police arrested the former general manager of SBS on allegations of financial misappropriation. The arrest was made after investigators uncovered evidence suggesting the official siphoned off public funds while in office.
Authorities said the case is connected to a pending Departmental Audit (DA) investigation that had flagged irregularities in the bank's accounts. The vigilance team seized relevant documents and financial records during the operation.
The former GM has been remanded to custody pending further inquiry, and the police have indicated that additional individuals may be questioned as the probe expands. No official statement from SBS has been released yet, but the institution is expected to cooperate with the investigation.
Legal experts note that such arrests underscore the growing focus of state vigilance agencies on curbing corruption within public sector enterprises. The case will be heard by a special court, and the accused faces charges of embezzlement and abuse of official position.
Authorities said the case is connected to a pending Departmental Audit (DA) investigation that had flagged irregularities in the bank's accounts. The vigilance team seized relevant documents and financial records during the operation.
The former GM has been remanded to custody pending further inquiry, and the police have indicated that additional individuals may be questioned as the probe expands. No official statement from SBS has been released yet, but the institution is expected to cooperate with the investigation.
Legal experts note that such arrests underscore the growing focus of state vigilance agencies on curbing corruption within public sector enterprises. The case will be heard by a special court, and the accused faces charges of embezzlement and abuse of official position.