Mahesh Sharma’s assets dip, he’s still the richest candidate in Noida

  • | Saturday | 23rd March, 2019

He also has shares worth Rs 6.16 crore with his wife Dr Uma Sharma in Kailash Group of Hospitals. In the last Lok Sabha election, his total assets were around Rs 4.16 crore. In the 2014 Lok Sabha election, Sharma’s assets stood at Rs 47.37 crore.Congress candidate Arvind Kumar Singh, meanwhile, declared Rs 51,000 cash in hand while Rs 26.56 lakh in his six bank accounts. He has also invested around Rs 2.31 crore and owns shares in nine private firms.He has two life insurance policies worth Rs 8.45 lakh. Noida: In the past five years, sitting BJP MP Mahesh Sharma has lost assets worth over Rs 15 crore, going by his election affidavit.On Friday, Sharma declared assets worth Rs 32.26 crore in his nomination papers, a sharp reduction from the Rs 47.37 crore that he had stated in 2014.

Noida: In the past five years, sitting BJP MP Mahesh Sharma has lost assets worth over Rs 15 crore, going by his election affidavit.On Friday, Sharma declared assets worth Rs 32.26 crore in his nomination papers, a sharp reduction from the Rs 47.37 crore that he had stated in 2014. Insiders say he could have transferred his assets.Sharma’s assets, according to his current affidavit, include a modest Rs 85,628 cash in hand, and another Rs 65.67 lakh in his seven bank accounts. He also has shares worth Rs 6.16 crore with his wife Dr Uma Sharma in Kailash Group of Hospitals. The minister has four insurance policies worth Rs 54.81 lakh and jewellery worth Rs 3.27 lakh.His affidavit shows he has also invested around Rs 5.15 crore in other businesses, bringing his total assets to Rs 12.99 crore, while his wife has assets worth Rs 7.75 crore.Besides these, the Noida MP has immovable properties like land worth Rs 19.27 crore, while those of his wife stand Rs 7.86 crore. In the 2014 Lok Sabha election, Sharma’s assets stood at Rs 47.37 crore.Congress candidate Arvind Kumar Singh, meanwhile, declared Rs 51,000 cash in hand while Rs 26.56 lakh in his six bank accounts. He has also invested around Rs 2.31 crore and owns shares in nine private firms.He has two life insurance policies worth Rs 8.45 lakh. Besides this, Arvind has invested Rs 3.39 crore in education-related companies. His total assents comes to around Rs 6.38 crore. In the last Lok Sabha election, his total assets were around Rs 4.16 crore. Singh has no criminal cases against him either.Meanwhile, first-time contestant and SP-BSP alliance candidate Satveer Nagar has declared ancestral farm land of about 40 acres in Greater Noida. A resident of Atta Gujran village near Buddh International Circuit, Nagar also delves in real estate in Noida and lives in Beta 2in Greater Noida.Nagar has declared Rs 2 lakh cash in hand and gold worth Rs 6 lakh.He has also declared one-third share in a residential house estimated at current market value of Rs 60 lakh, one agriculture land estimated at Rs 3 crore and one pistol of Rs 1.5 lakh. In addition to these, Nagar has shown a loan of Rs 70.7 lakh from Punjab National Bank, Noida.

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