Karnataka MLAs' assets doubled during last 5 yrs: ADR

Bangalore, Apr 23 : Atleast 179 members of the outgoing Karnataka Assembly, who are seeking a re-election in the May 5 elections, had on an average doubled their assets during the last five years.

The average assets of these legislators which was Rs 10.59 crore during 2008 elections had now surged to Rs 19.87 crore with the average growth percentage being 88 per cent. The details of the assets of the contesting MLAs were today released by National Election Watch and Association for Democratic Rights (ADR) at a press conference here.

Former Minister D K Shivakumar of the Congress, who had won from Kanakapura, had declared the maximum increase in his assets of Rs 175.91 crore from Rs 75.59 crore in 2008 elections to Rs 251.50 crore in the affidavit filed for the 2013 elections.

The richest MLA in the state, Priya Krishna, who is seeking a re-election from Govindrajnagar, had declared his assets at Rs 910.85 crore as against Rs 767.61 crore declared during the 2008 elections. Rajya Sabha MP Santosh Lad, contesting on Congress ticket from Kalghatgi, has an increase in his assets by Rs 124.85 crore--from Rs 61.54 crore in 2008 to Rs 186.40 crore.

Mr Harish Narasappa and Mr Vasudev Sharma of Karnataka Election Watch said the highest percentage increase in assets was declared by former Minister Ramanath Rai of the Congress. His assets increased by 21050 per cent from Rs 1.71 lakh in 2008 to Rs 3.62 crore in 2013.

BJP Minister Apachu Ranjan who is seeking a re-election from Madikeri declared an asset increase of 5752 per cent -- from Rs 18.20 lakh to Rs 10.65 crore. Mr Ranjan did not provide value of six motor vehicles, jewellery and immovable assets. Mr S Raghu of BJP, who is contesting again from C V Ramanagar in the city, had shown an asset increase of 4241 per cent--from Rs 72.88 lakh in 2008 to Rs 31.64 crore in 2013.

Eight of the recontesting members had shown a decrease in their asset value. Minister C T Ravi had shown a 54 per cent reduction in assets from Rs 7.85 crore in 2008 to Rs 3.59 in 2013. Indi member Dr Bagali Sarvabhouma also had a 51 per cent decline in his assets value-from Rs 8 crore in 2008 to Rs 3.94 crore.

For the 73 BJP legislators seeking re-election the average increase in their assets worked out was 132 per cent, while that of 57 Congress members stood at 60 per cent. Among 25 Janata Dal (Secular) members, the increase was 198 per cent, while that of 12 members of Karnataka Janata Paksha it was 172 per cent.

Mr Narasappa said the list was not complete as some of the asset details had not been up loaded by the Election Commission. The details had been culled out from the affidavits of assets declared by the contesting candidates.


Published On : Apr 23, 2013

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