Bihar Ministers are Master investors
By S Ahmed (NVONews.Com)
Most of the Bihar Ministers seem to be quite smart investors as in pursuance of the wealth disclosure policy; they have made their details of wealth public. It can be easily accessed at Bihar government website and the progress could also be known as their wealth in 2010 is also available at the site. Though it is expected that Members of Legislative Assembly and Council also made their wealth public, the compliance rate is very low.
The details of twenty nine ministers show that they have increased their bank savings, number of and shares and also added land acquisition. Most of them have become richer because the cost of their land have gone up. Around half of the ministers own some or other kind of fire arms like double barrel gun, revolver or pistol.
Out of 243 MLAs only ninety have made their assets public. In case of MLCs only two are still to make their assets public. The list of the ministers’ assets is clear indicator how rich they are. While some of them are crorepatis, others are quite near to that. Still, independent observers feel that the disclosure is still not real. They are also critical that the source of income is not disclosed so, it is really a futile exercise. But many relish to read about the wealth of public representative of a poor state.
Chief Minister Nitish Kumar’s detail show that he had not earned and save much money in 2011 but he has added one cow and a calf to his assets and in toto he has two cows and three calves which cost around 83 thousand rupees. He has cash in hand around 46 thousand rupees.
Nitish owns a flat in Sansad Bihar colony in New Delhi which now costs Rs. 40 lakhs while it was bought for Rs. 13 Lakhs in 2004.
Nitish a Hyundai Santro LS 2003 model car which he had received as gift and the car is priced at two lakh 70 thousand rupees. He has two gold rings, One Moti studded silver ring, 82 pcs of silver coins and 5kg of silver utensils.
The gross value of his total assets is Rs. 46 lakhs. But his son Nishant has a wealth of around over 73 lakhs probably because of his late mother’s money was transferred to his name.
Deputy Chief Minister of the state Sushil Kumar Modi has performed better than the chief minister in adding movable assets to his kitty. Mr. Modi has around 14 lakhs rupees in different bank accounts while he had Rs. 10 lakhs in 2010. Mr. Modi has a better car brand too as he owns a Swift Millennium which costs Rs. Four Lakh plus. He has two flats in costing around fifty lakhs, one Ghaziabad and one in Gautam Budha Nagar. He has a wealth of Rs. 76 lakhs while his wife has assets of Rs. 29 lakhs.
Mr. P.K. Shahi seems to be the richest of all. Mr. Sahi and his wife have around six and a half crore of rupees. He has increased his bank account amount from Rs. 70 lakhs to Rs. 90 lakhs. He owns buildings costing around two and half crore of rupees.
Parween Amanullah, daughter of Syed Shahabuddin, former MP and community leader and wife of senior IAS officer Afzal Amanullah loves ornaments which is proved by the fact that she has diamond jewels of around five lakhs though it is owned by her husband. She has assets of over one crore rupees.
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