Average asset of Bangalore Assembly candidates is Rs 25 crore:NGO

April 26, 2013
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Bangalore, Apr 26: The average asset of Bangalore candidates of various political parties contesting the May five Assembly elections in Karnataka is Rs 25 crore, an NGO tracking the trend has claimed.

Karnataka Election Watch (KEW) today said it has analysed affidavits of 156 candidates from Bangalore from six major parties; BJP, Congress, JD(S), KJP, BSR Congress led by former minister B Sriramulu and Loksatta Party (LSP).

Out of these 156, as many as 118 (or 76 per cent) are crorepatis. The average asset per candidate is Rs 25 crore.

The top three candidates with highest declared assets are : Priyakrishna of Congress from Govindrajnagar who has declared assets worth Rs 910.9 crore, followed by N Nagaraju of Congress from Hosakote (Rs 470.13 crore) and K Bagegowda of JD(S) from Basavanagudi (Rs 250.53 crore), KEW said.

The top three candidates with highest declared liabilities are: Priyakrishna (Rs 777 crore) followed by Prabhakara Reddy R of JD(S) from Bangalore South (Rs 200 Crore), and M Krishnappa of Congress from Vijayanagar (Rs 78 crore).

As many as 12 of these 156 (eight per cent) candidates contesting from Bangalore have not declared their PAN details, the NGO said.

N A Haris of Congress from Shantinagar has declared the highest income of worth Rs 49 crore in the last Income Tax Returns (ITR) filed for 2011-2012, followed by N Nagaraju of Congress from Hosakote (Rs 21 crore) and Prabhakara Reddy R of JD(S) from Bangalore South (Rs nine crore), it said.

Out of the 156 candidates analysed from Bangalore, 32 candidates (or 20 per cent) have declared criminal cases against them.

The average assets of 179 outgoing MLAs in the state who are contesting again is Rs 19.87 crore. Forty out of these 179 have criminal cases against them, it added.

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October 1,2024

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Mysuru: The Mysuru land authority at the centre of a financial and political storm - involving Chief Minister Siddaramaiah and alleged losses of ₹ 45 crore to the state - has received an offer of restitution from his wife, the urban development body's Commissioner, AN Raghunandan said.

"I am in possession of a letter written by Siddaramaiah's wife regarding her intention to return 14 plots (of land). The Chief Minister's son, Yatindra Siddaramaiah, came to our office and delivered the letter. We will take legal advice for the next step..." he told reporters in Mysuru.

Mr Raghunandan also confirmed anti-corruption officials from the city's Lokayukta branch had written seeking cooperation in its inquiry into the charges against the Chief Minister.

He said the Mysuru Urban Development Authority, or MUDA, "will cooperate with the investigation".

The Enforcement Directorate, however, have not reached out as yet, Mr Raghunandan said. The ED, a federal agency, has filed a money laundering case against Siddaramaiah.

There have also been calls for the CBI, another federal agency, to investigate charges against the Chief Minister, but that appears unlikely now given the Karnataka government has withdrawn general consent for its operations in the state. Law Minister HK Patil made the announcement last week.

He ruled out any link with demands for the Chief Minister to be investigated by the CBI, which reports to the BJP-led central government and the ruling Congress and other opposition parties have claimed is being used by that party to target rival leaders, particularly before elections.

On Monday - three days after the Lokayukta filed a case against the Chief Minister, and hours after the ED launched its probe- Siddaramaiah's wife said she had planned to give up the land earlier but was advised against it the allegations against her husband are "politically motivated".

But now, she said, she had made up her mind as "no house, plot, or wealth is more important than my husband's honor, dignity, and peace of mind". She also said the decision was hers alone; "... I am not aware of my husband's opinion on this matter, nor do I concern myself with what my son thinks".

And, in a comment seen as a calculated swipe at the opposition BJP, which is leading calls for the Chief Minister's resignation, his wife also made an emotional appeal to "all political parties and the media" to "please not drag women of political families into the controversy to settle political scores".

Investigative action against the Chief Minister follows the Karnataka High Court quashing a challenge to Governor Thawar Chand Gehlot's order sanctioning Siddaramaiah's prosecution.

Subsequently a trial court ordered framing of charges and directed the Lokayukta to complete the investigation within three months. The ED case was filed based on the Lokayukta FIR.

Siddaramaiah faces an inquiry into claims Parvathi was allotted 14 plots of land in an upmarket Mysuru area as compensation for land elsewhere - holding a far lower value - taken for infrastructure projects.

The Chief Minister has denied all charges and refused calls to resign.

He has been backed by the Congress and his deputy, DK Shivakumar, who is also the state unit boss, and also by members of his cabinet, including IT Minister Priyank Kharge. However, some within the Congress also want him to quit, such as former Assembly Speaker KB Koliwad.

"I will fight. I am not afraid of anything. We are ready to face the investigation. I will fight this legally," he said last week after the High Court had quashed his challenge to the Governor's sanction.

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