6 MLAs amass huge wealth since 2008 election: Report

Srinagar: At least six legislators in Jammu and Kashmir have recorded a massive increase in their assets in the past six years – between the assembly elections held in 2008 and in 2014. Information collected through RTIs and affidavits filed by candidates before the Election Commission were published on Wednesday by DNA newspaper in which it is reported that the six legislators from Kashmir apart from others from across India have seen meteroic rise in their wealth between the years 2008 and 2014. The legislators include two from the ruling People’s Democratic Party (PDP), three from the opposition National Conference (NC), and one from the Congress.
According to details gathered by DNA newspaper, PDP legislator Khalil Bandh, a three-time MLA from Pulwama, declared assets worth Rs 2 lakh in 2008 but six years later, in 2014, his assets increased by 9664% to be worth Rs 1,93,27,885 (one crore, ninety-three lakh, twenty-seven thousand, eight-hundred and eighty-five rupees only).
In second place in this list is the NC’s Nazir Ahmad Khan Gurezi, currently serving as Deputy Speaker in the legislative assembly. Securing his berth in the legislature thrice, his assets in 2008 stood at Rs 12,73,500 (twelve-lakh, seventy-three thousand, five-hundred rupees) while in 2014 the assets showed an increase of about Rs 2 crore and stood at Rs 2,11,91,000 (two-crore, eleven-lakh, ninety-one thousand rupees). This is an increase by 1564%, according to the RTI data.
Congress MLA Vikar Rasool Wani, representing Banihal constituency, declared his assets at Rs 5,54,000 (five-lakh, fifty-four thousand rupees) in the year 2008. In the year 2014, the worth of his assets increased by 1602% to come to Rs 94,29,686 (ninety-four lakh, twenty-nine thousand, six-hundred and eighty-six rupees).
The current Horticulture Minister and three-time MLA from Sangrama constituency, Syed Basharat Bukhari, declared his assets at Rs 32,60,000 (thirty-two lakh, sixty-thousand rupees) in 2008 which grew by 764% in 2014 to come to Rs 2,81,53,162 (two-crore, eighty-one lakh, fifty-three thousand, one-hundred and sixty-two rupees), an increase by almost Rs 25 lakh.
Former Assembly Speaker Mubarak Gul declared his assets at Rs 56,15,000 (fifty-six lakh, fifteen-thousand rupees) in 2008 which increased to Rs 4,15,40,000 (four-crore, fifteen-lakh, forty-thousand rupees) in 2014. The net increase in his wealth was of Rs 35,925,000, an increase of 640 percent.
Two-time legislator from Habbakadal, Shamima Firdous, declared her assets at Rs 58,60,000 (fifty-eight lakh, sixty-thousand rupees) in 2008 and her wealth rose by 546 percent to Rs 3,78,80,000 (three-crore, seventy-eight lakh, eighty-thousand rupees), an increase by Rs 32,020,000.