In Baramulla, NC and PC candidates richer than all others put together

In Baramulla, NC and PC candidates richer than all others put together
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Panthers Party candidate poorest with just Rs 1.95 lakh

SRINAGAR: Among the nine contenders for the Baramulla parliamentary seat, National Conference’s Akbar Lone is the richest, followed by Peoples Conference’s Raja Aijaz Ali. The rest seven contestants’ assets put together cannot match either Lone’s or Ali’s.
Firebrand politician Engineer Rasheed, who is also in the fray, does not own much according to his bank statements.
According to information furnished by Lone in his affidavit, his immovable assets are worth Rs 59.60 crore, which includes his inherited property of 95 kanals and 20 marals of land in Naid Khaie; his personnel purchased property of 20 kanals, of market value Rs 7.50 crore; nine marlas of land purchased for Rs 30 lakhs, which now has a market value of Rs 50 lakh. He also has a residence at Naid Khaie, his hometown, and also half the portion of a house at Chani Ramma in Jammu. The Jammu house values Rs 2 crore.
His contender Raja Aijaz Ali has total immovable assets worth more than Rs 12 crore, along with a liability of Rs 8.4 lakh. He has property at Pehlipora, Chinad, Shalteng Brein, and Nishat. He has property outside Kashmir as well.
Engineer Rasheed, according to his affidavit, has no assets but has acquired a 3,000-sq ft property at Jawahar Nagar, the market value of which is Rs 80 lakh. Against this property, he has taken a bank loan of Rs 60 lakh.
The PDP’s Qayoom Wani, who was a school teacher before he joined PDP, has assets worth nearly Rs 1.5 crore. His total movable assets are worth Rs 10 lakh while the rest is in the form of property. He owns 1.3 kanals of land at Ussan, two marlas in Seheora (Jammu), and two buildings valued at Rs 1.05 crore.
Jehangir Khan, the Panthers Party candidate, is the poorest of the lot. He has no immovable assets while his movable assets are worth in total Rs 1.95 lakh.