Mayawati among India's richest politicians

Declares assets worth Rs.111.64 crore while filing her papers for Rajya Sabha elections

March 13, 2012 01:15 pm | Updated November 17, 2021 05:53 am IST - Lucknow

BSP Chief Mayawati. File photo

BSP Chief Mayawati. File photo

The outgoing Uttar Pradesh Chief Minister, Mayawati, who filed her nomination papers for the Rajya Sabha elections on Tuesday is worth Rs. 111.64 crore, making her one of the richest politicians in the country. This has been revealed in the details of moveable and immoveable assets given by Ms. Mayawati along with a sworn affidavit at the time of submitting her papers. Since the Bahujan Samaj Party (BSP) president considered number 13 to be her lucky number, she submitted her papers on Tuesday (March 13).

Two sets of nomination papers were filed by her. Those who proposed her name included the leader of the BSP Legislature Party, Swami Prasad Maurya, the Chief Whip of the party in the Vidhan Sabha, Ramveer Upadhyaya, Ram Prasad Chaudhary, Mahaveer Singh Rana and Jasmeer Ansari.

Ex-MLA files papers

The former BSP MLA, Munquad Ali, also filed his papers for the biennial polls to the Rajya Sabha. With 80 MLAs in its kitty in the newly constituted 16th Assembly, the BSP is assured of getting two seats, with the quota of the number of votes of MLAs required for emerging victorious being fixed at 37. The Rajya Sabha elections for 10 seats from Uttar Pradesh will be held on March 30.

In 2010, when Ms. Mayawati was elected to the Vidhan Parishad (State Legislative Council), her total income from moveable and immoveable property was Rs. 88 crore.

According to the details of her moveable assets submitted for the RS polls, the BSP president has Rs.10.20 lakh cash in hand. She has five savings bank accounts: in the Union Bank of India, Moti Bagh, New Delhi which has Rs.3.7 crore, Bank of India, Parliament Street, New Delhi (Rs.10.2 crore), State Bank of India, Vidhan Sabha Marg, Lucknow (Rs. 29.34 lakh), State Bank of India, Sansad Bhawan, New Delhi (Rs. 24.25 lakh), and State Bank of India, Sansad Bhawan, New Delhi (Rs.32.10 lakh).

She possesses gold and diamond jewellery worth Rs. 96.53 lakh and a silver dinner set valued at Rs. 9.32 lakh, murals worth Rs. 15 lakh and a revolver costing Rs. 5,390. The gross total value of Ms. Mayawati's moveable assets has been shown at Rs.15,26,24,840 (Rs. 15.26 crore). The BSP chief does not possess any vehicle and has not made any investment in National Savings Scheme, postal savings and insurance policies.

Commercial properties

Regarding her immoveable property, Ms. Mayawati does not possess agricultural, or non-agricultural land, but owns two commercial properties in Connaught Place (ground and first floor of B-34 ), New Delhi whose approximate current market values are Rs. 9.39 crore and Rs. 9.45 crore respectively. She is also the owner of two residential buildings in New Delhi and Lucknow. Her residential address in New Delhi is No. 23, 24, Sardar Patel Marg and the total area is 42,907.87 sq.ft. and it is under construction. Its approximate current market value is Rs. 61.86 crore. It was bought on July 6, 2009 and Rs.7.78 crore had been invested in the property's development.

Ms. Mayawati owns a residential building at 9, Mall Avenue, measuring 71,282.96 sq.ft. with a built-up area of 53,767.29 sq.ft. It was purchased on November 3, 2010 and is currently valued at approximately Rs. 15.68 crore.

The total current market value of the immoveable assets as given in the affidavit is Rs. 96.38 crore. The BSP chief's total liabilities by way of security from tenant in Bata India Limited and V.C. Solutions Private Limited is Rs. 87.68 lakh. In the financial year 2010-2011, the total income shown by Ms. Mayawati at the time of filing her income tax returns was Rs. 6,51,53,538 (Rs. 6.51 crore).

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