Odisha

Know Odisha CM’s Net Worth

By
OB Bureau

Bhubaneswar: Odisha Chief Minister Naveen Patnaik owns assets worth over Rs 63.87 crore but has only Rs 25,000 cash in hand.

His car,  an Ambassador of 1980 model is valued at around Rs 8,905, as per an affidavit submitted by him along with his nomination for the coming Assembly election from Hinjili seat.

The assets worth over Rs 63.87 crore owned by Naveen include movable properties of Rs 23.26 lakh and immovable inherited properties valued at over Rs 63.64 crore, according to the affidavit.

The immovable properties include those owned by Naveen jointly with his brother and sister.

Odisha Chief Minister has shown his total annual income as Rs 21,17,223 in his Income Tax return for 2017-18. In 2016-17 and 2015-16, his annual income stood at Rs 14,84,617 and Rs 12,96,944 respectively.

As per the affidavit, the sources of his income are bank interest and salary.

He has two bank accounts with the Bank of India branch here and at the SBI, Parliament branch in New Delhi, which have Rs 6,52,378. He has Rs 6,50,648 in his bank account here and only Rs 1,730 in his account in the Delhi bank.

Naveen has jewellery weighing 45.770 gram worth about Rs 2,12,252.

The BJD president has shown a farmland and building at Tikri Khera in Faridabad. The total area of the land is 22.7 acres and it has a current market value of Rs 10,75,51,071.

He owns two-third share of Naveen Niwas, his house here and 50 per cent share of a property situated at APJ Abdul Kalam Road in New Delhi.

While the market value of Naveen Niwas, which is spread over 2.133 acres, was around Rs 9.52 crore on August 18, 2017, the approximate value of the property on 1111.19 sq meter land at APJ Abdul Kalam Road, New Delhi is Rs 43,36,18,000, said the affidavit.

Naveen has no pending criminal case in his name in any court, it added.

OB Bureau

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