No criminal cases against major candidates in North

All three major party candidates have law background, while one is a former cop. Who is the richest among them? What else do their affidavits reveal?

Bangalore North constituency – the biggest parliamentary constituency in Karnataka – is most likely to get a law graduate as its lawmaker this time – because three prominent political parties have fielded law graduates as their candidates here. And all of them are ‘clean’ with no pending cases. However, the similarity ends right here. The battle ground has a former CM with less than a year in office, a former MP of the same constituency but from a different party, a former law professor gearing up for his debut in politics, and a former police officer with a considerable stint in politics.

Asset aspects

 

Movable assets (Value-Rs)*

Immovable assets (Value-Rs) *

Liability (Value-Rs)*

Total asset (Value-Rs)*

Cases

C, Narayanaswamy

(INC)

34,52,597

24,45,00,000

9,22,460

24,79,52,597

nil

Sadananda Gowda (BJP)

4,73,91,874

5,14,97,000

3,70,20,152

9,88,88,874

nil

Babu Mathew (AAP)

1,11,52,273

8,37,00,000

4,94,702

9,48,52,273

nil

Abdul Azeem (JDS)

1,08,09,759

14,81,00,000

nil

15,89,09,759

nil

(*For total family)

C Narayanaswamy:

The man who was responsible for breaking the Congress’s long victory march of decades in Bangalore North by contesting from JDS, ironically is now a Congress candidate. The fortune of this former MP has grown strongly in the last six years – presumably because of the skyrocketing real estate values in Bangalore. In the affidavit filed during 2008 assembly election, his total asset was Rs 2,11,00,000. Now it has grown to 24,79,52,597 – an amazing growth of almost 12 times, with a small liability of Rs 9 lakh.

Asset growth

 

Movable asset (Rs)

Immovable asset (Rs)

Liability (Rs)

Total Asset (Rs)

2008 Assembly Election

1,00,000

2,10,00,000

Nil

2,10,00,000

2014 L S Election

34,52,597

24,45,00,000

9,22,460

24,79,52,597

He may be an advocate by profession but agriculture seems to be his passion, going by his affidavit. By having two tractors, two farm sector loans, and acres of agricultural land in his name, Narayanaswamy proves his interest in farming.

Interesting facts:

  • Except one site in Kasaba, all immovable properties which are in the name of Narayana Swamy are inherited. The total value of these inherited asset is 15.85 crores.  But all assets belonging to his wife are self-acquired.

  • He has two tractors in his name but no car. His wife has Innova car.

  • His undivided family has 32 acres of agricultural land near Devanahalli, in which he has 1/3 rd share. The current value of the land is 15,00,00,000.

  • He has two sites in his name, while his wife owns three sites – all of which are located in Devanahalli.

  • He has one tractor loan and one farm fence loan in bank.

  • His wife is richer in terms of annual income. In 2012-13 his total income was Rs 2,49,814 while his wife has shown an income of Rs 11,14,071.

D V Sadananda Gowda:

The former chief minister Sadananda Gowda has declared a total asset of Rs 9.88 crores. His asset has grown from 1.60 crore to 9.88 crore in five years span, with a liability of Rs 3.7 crore.

 

Movable asset (Rs)

Immovable asset(Rs)

Liability(Rs)

Total asset(Rs)

2009 L S election

48,43,959

1,12,28,000

24,86,447

1,60,71,959

2012 MLC

86,39,382

4,83,09,977

1,45,70,119

5,69,49,359

2014 LS election

4,73,91,874

5,14,97,000

3,70,20,152

9,88,88,874

Interesting facts:

  • He has six savings accounts and two fixed deposit accounts in his name.

  • Family has only one vehicle i.e. land cruiser worth Rs 64.20 lakhs – which is in his name.

  • Sadananda Gowda has a revolver worth Rs 55,000 in his name.

  • He has furniture worth Rs 5,00,000.

  • He has taken a housing loan, one vehicle loan and two term loans from different banks. In addition to these he has four hand loans taken from different individuals. So his family has total Rs 3.70 crores of liability.

  • In 2012-13 his income was Rs 19,53,600, while his wife has shown an income of Rs 14,85,060

Babu Mathew:

AAP candidate Babu Mathew is poorer than his highly qualified wife Dr Elizabeth Vallikkad. This visiting professor of NLU of Delhi is currently on sabbatical without remuneration. His wife is surgeon and professor and HOD of Gynecology Oncology in St. John’s hospital. Though wife being richer than the candidate is a common thing in Indian politics, in this case there is a major difference. Unlike in other cases, the assets Dr Elizabeth has in her name is from her own earning, and this is evident from the position she holds.

Interesting Facts

  • Total asset of Babu is Rs 2,97,66,529, while his wife has assets worth Rs 6,50,85,744

  • The couple has total 23 different deposit accounts of which 17 accounts are in his wife’s name. In addition they have six joint deposit accounts.

  • He has one Hyundai car and his wife has two cars.

  • His wife has a car loan of Rs 4,94,702, but he has no liability.

  • A finger ring worth Rs 13,000 is the sole jewelry of Babu. His wife has 39,00,000 worth jewelry.

Abdul Azeem:

This former police officer, and present farmer has asset worth Rs 2,33,17,319 while his wife has asset worth Rs 1,95,60,145. Richest in the family is his father Abdul Rasheed with Rs 11.40 crores worth property in his name out of which Rs 11.39 crores worth assets are immovable assets. The total asset of the family is Rs 15.89 crore. Interestingly, last year the declared total asset of his family was Rs 8.10 crores. In one year the asset has nearly doubled.

Asset growth

Year

Movable

Immovable

Liability

Total asset

Income

2013

88,75,125

7,25,00,000

nil

8,10,30,126

4,26,107

(2012-13)

2014

1,08,09,759

14,81,00,000

nil

15,89,09,759

4,18,170

(2013-14)

 Interesting Facts

  • Entire family has no car, but has super bikes. Family owns three two-wheelers, all in the name of Mohamad Zeeshan, the elder son of Azeem, who seems to have a craze for speed bikes. He owns a Duke worth Rs 2,00,000 and a Suzuki Rs 17,70,000 along with Kareezma.

  • According to the affidavit, Azeem and his wife both are formers.

  • He has completed MA and LLB from Bangalore University.

  • His wife has jewelry worth Rs 70, 09,382.

  • His total income for the year 2013-14 was Rs 4,18,170, but his wife has not filed IT returns till now.

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