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Gadkari declares assets worth Rs 25 cr in poll affidavit

Gadkari declares assets worth Rs 25 cr in poll affidavit

Nagpur: Union Minister Nitin Gadkari has declared movable and immovable assets worth Rs 25.12 crore in an affidavit filed along with his nomination papers for the Nagpur parliamentary constituency.

Meanwhile, the Congress candidate from Sivaganga in Tamil Nadu for the April 18 Lok Sabha polls, Karti Chidambaram, has declared movable and immovable assets valued at around Rs 47 crore.

Karti, son of senior Congress leader and former Union Minister P Chidambaram, had unsuccessfully contested from the same Lok Sabha segment in 2014.

Gadkari filed his papers for the Nagpur Lok Sabha seat on Monday. Polling in the constituency will be held on April 11.

As per his tax return forms, his total income stood at Rs 2,66,390 in 2013-14 and Rs 6,40,700 in 2017-18.

According to his affidavit, he has movable assets worth Rs 69,38,691, while his wife has movable assets worth Rs 91,99,160.

A sum of Rs 66,07,924 is in the name of the Hindu Undivided Family (HUF).

Similarly, Gadkari has immovable assets worth Rs 6,95,98,325, his wife Rs 6,48,60,325. A sum of Rs 9,40,31,224 was in the name of HUF.

Gadkari declared over 29 acres of agricultural land in Dhapewada in Nagpur, of which 15 acres are registered in the name of his wife and 14.60 acres owned by HUF.

Gadkari declared an ancestral house at Mahal (Nagpur) and a flat at an MLA Society in Worli (Mumbai).

The Union minister, in his affidavit, has informed that he has invested Rs 3,55,510 in savings scheme, mutual funds, bonds and shares.

He has Rs 8,99,111 in his banks account, according to the affidavit.

Facing probe by Central agencies like CBI and ED in the Aircel-Maxis and INX Media cases, Karti, however, declared in his affidavit that charges have not been framed in any of these.

Besides these, a local court was looking into an Income Tax case on alleged non-disclosure of part of sale of lands received in cash, he said in his poll affidavit filed along with his nomination papers.

He said there were a total of eight pending cases against him, including some local ones, though "no charges have been framed in any of these."

Karti's annual income showed a nominal increase in the last five years. While it was a little over Rs 1.68 crore in FY 2013-14, it rose to Rs 1.75 crore in FY 2017-18.

In his affidavit, he declared that the gross total value of his movable assets stood at Rs 24.13 crore.

The current market value of his immovable assets was Rs 22.88 crore. This included his joint ownership in a UK property, the affidavit said.

RLD chief Ajit Singh also declared movable and immovable assets worth Rs 16.61 crore in an affidavit filed along with his nomination papers for the Muzaffarnagar parliamentary constituency.

Singh filed his papers as the the SP-BSP-RLD alliance candidate for the Muzaffarnagar Lok Sabha seat in western Uttar Pradesh on Monday. Polling in the constituency will be held on April 11.

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