New Delhi/Imphal, August 12, 2026 (Yes Punjab News)
The Enforcement Directorate (ED) has provisionally attached two immovable properties valued at approximately Rs 1.99 crore in Manipur in a money laundering case involving former Customs and Central Excise Inspector Seikholen Kipgen and others, the agency said on Wednesday.
The properties comprise homestead land and residential buildings in Kangpokpi and Imphal East districts. The attachment has been made under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.
The ED, Imphal Sub-Zonal Office, initiated its investigation on the basis of an FIR registered by the Central Bureau of Investigation’s Anti-Corruption Branch in Imphal against Kipgen under the Prevention of Corruption Act, 1988. The case concerns allegations that he possessed assets disproportionate to his known sources of income.
The CBI filed a chargesheet before the competent special court on December 22, 2022, in connection with the scheduled offence.
According to the ED, its investigation found that between January 1, 2015, and December 3, 2021, the assets held by Kipgen and his family members increased substantially and were allegedly disproportionate to their known sources of income by approximately Rs 1.99 crore.
The agency further alleged that unaccounted funds generated from illegitimate sources were kept by Kipgen with his father-in-law. The funds were subsequently deposited into the latter’s bank account and transferred to Kipgen, his wife or third parties, while some payments were made directly to vendors on Kipgen’s instructions.
The ED said the funds were used to purchase land in the name of Kipgen’s wife and construct a residential building on it. The transactions were allegedly presented as legitimate money in the form of a gift from the father-in-law, whom the agency described as prima facie a conduit without independent financial capacity to make such a gift.
The investigation also found that alleged proceeds of crime were used to acquire and construct immovable properties, with one property held in Kipgen’s name and another in the name of his wife, Vahneithem Lucy Kipgen.
The properties have consequently been provisionally attached as representing the value of proceeds of crime under the PMLA. Further investigation is underway.
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