Amid the ongoing protests in Ladakh, Sonam Wangchuk, environmental activists and related to social work, are now being accused of serious financial irregularities. Government sources have claimed that heavy disturbances have been found in their NGOs and private institutions. It is alleged that Wangchuk not only violated the law under the guise of the mass movement but also misused money for foreign funding and personal benefit.
Sonam Wangchuk’s difficulties may increase. They are likely to initiate an investigation under the FEMA of the Enforcement Directorate (ED) soon against NGO Secmol. SECMOL is alleged to have not given correct information about foreign donations and money and did not follow the rules of FCRA law. There is also a charge of returning funds from abroad. Meanwhile, today the Ministry of Home Affairs has canceled Wangchuk’s FCRA registration, which is part of the serious steps taken against them.
1. Himalayan Institute of Alternatives Ladakh – The donation received by Hial increased by Rs 6 crore to Rs 2024-25 in 2023-24 to more than Rs 15 crore. The institution has 7 bank accounts, out of which 4 were not declared. Without FCRA registration, HIL received foreign amount of more than Rs 1.5 crore. 6.5 crore rupees were transferred from HIL to Seshanon Innovation Private Limited.
2. Students Educational and Cultural Movement of Ladakh (SECMOL) – This institution has 9 bank accounts, out of which 6 were not declared.
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3. Seshanon Innovation Private Limited – In FY 2024-25, the company’s turnover stood at Rs 9.85 crore, but the net profit was only 1.14%, while in 2023-24 the net profit was 6.13%. The company had 3 accounts, 2 of which were not declared. According to the government sources, a large amount from Hial was transferred to this private company.
4. Sonam Wangchuk (personal) – Sonam Wangchuk has 9 individual bank accounts, out of which 8 declaration was not done. From 2018 to 2024, a foreign amount of Rs 1.68 crore came in various accounts.
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Between 2021 and March 2024, Wangchuk sent Rs 2.3 crore abroad from his personal account, many of which were transferred to unknown institutions. This transaction strengthens the possibility of money laundering.
5. CSR Funding – Sonam Wangchuk has criticized the corporate world on public forums, but government sources say that her organization has taken CSR funding from many big companies and government undertakings (PSUs). NGO account has also led to large -scale fund transfer in private companies.
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