Sonia Gandhi has declared a paltry 9 crores as assets in her LS election affidavit for Rae Bareli constituency.
Has she declared the assets owned in a private company which includes her family members and a few others and which acquired National Herald shares?
Now the question is: who is right Sonia or Business Insider which claims that her assets are $2-19 billion, that is, equal to Rs. 120772946859.90 - Rs. 1147342995169.08?
[In words for the low end estimate of $2 billion: 12077 crores, 729 lakhs, 46 thousand 859]. This estimate makes SoniaG's wealth more than that of Nilekani.
I happened to read from a Mumbai Fin. daily that I.T department has sent strong letters to widows, Sr.citizens, ordinary house-wives etc - regarding their non-payment of income tax and connected matters. I wonder whether I.T department has sent any notice to politicians who are declaring assets in crores. If declared assets run into crores, what must be the real worth? It is mind boggling. Will the present FM Chidambaram clarify?
This is certainly a matter for inquiry by the next government.
Will the next government make efforts to bring back wealth by Indians held abroad into the nation's financial system? By any reckoning, there is a lot of money so held abroad in tax havens and thus, not benefiting the nation's financial system with such wealth.
Why shouldn't Indians hold their money in Indian financial system, instead of benefiting foreign countries?
Swiss laws have a provision for restitution of illicit wealth if a national Government demands it.
Kalyanaraman
Meet The 4th Richest Politician In The World -- Sonia Gandhi
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MAR. 2, 2012, 10:22 AM![In Sonia Gandhi's asset declaration, a loan to Rahul]( "In Sonia Gandhi's asset declaration, a loan to Rahul")
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Has she declared the assets owned in a private company which includes her family members and a few others and which acquired National Herald shares?
Now the question is: who is right Sonia or Business Insider which claims that her assets are $2-19 billion, that is, equal to Rs. 120772946859.90 - Rs. 1147342995169.08?
[In words for the low end estimate of $2 billion: 12077 crores, 729 lakhs, 46 thousand 859]. This estimate makes SoniaG's wealth more than that of Nilekani.
I happened to read from a Mumbai Fin. daily that I.T department has sent strong letters to widows, Sr.citizens, ordinary house-wives etc - regarding their non-payment of income tax and connected matters. I wonder whether I.T department has sent any notice to politicians who are declaring assets in crores. If declared assets run into crores, what must be the real worth? It is mind boggling. Will the present FM Chidambaram clarify?
This is certainly a matter for inquiry by the next government.
Will the next government make efforts to bring back wealth by Indians held abroad into the nation's financial system? By any reckoning, there is a lot of money so held abroad in tax havens and thus, not benefiting the nation's financial system with such wealth.
Why shouldn't Indians hold their money in Indian financial system, instead of benefiting foreign countries?
Swiss laws have a provision for restitution of illicit wealth if a national Government demands it.
Kalyanaraman
Meet The 4th Richest Politician In The World -- Sonia Gandhi
Net Worth: $2-19 billion
Residence: India
Position: President, Indian National Congress (political party)
Gandhi is originally from Italy. She is the widow of Rajiv Gandhi, the assassinated former prime minister. As leader of the Congress party, Gandhi played a key role in reviving the party's fortune and power.
There's some dispute about her actual net worth, while Forbes doesn't list it. And India's National Election Watch has it listed at about $200,000.
Source: World's Luxury Guide (based on OpenSecrets.org, Forbes.com, Bloomberg.com, Wikipedia.org, Guardian.co.uk)
Excerpt from:
Meet The 23 Richest Politicians In The World
MAR. 2, 2012, 10:22 AM
No one goes into politics to get rich, but politicians happen to be some of the wealthiest figures around the globe.
German newspaper Die Welt's World's Luxury Guide section recently released a list of the world's richest politicians, and from local officials and members of Congress to foreign ministers and royal heirs, the list includes newcomers and regulars alike.
Though many of those who made the list come from the Middle East and Southeast Asia, the third richest lawmaker on the list is New York City's own Mayor Michael R. Bloomberg.
Leaders without any real involvement in matters of state, like Bhumibol Adulyad, King of Thailand were excluded from the list.
In Sonia Gandhi's asset declaration, a loan to Rahul
Reported by Sunetra Choudhury, Edited by Surabhi Malik | Updated: April 02, 2014 18:47 IST
Raebareli: Congress president Sonia Gandhi loaned nine lakh rupees to her son and deputy Rahul Gandhi on October 13 last year. She owns no car and her ancestral property in Italy, is now worth 6.7 crore rupees.
Mrs Gandhi filed nomination papers for the general elections from her constituency Raebareli in Uttar Pradesh today and the details above are from an affidavit on assets and income that she submitted.
Son Rahul chauffeured the Congress chief in a white SUV to the district collectorate and she was accompanied by old family friend Satish Sharma as she filed her papers. (Watch video here)
Rahul was also with his mother when she attended a "havan" or religious ceremony at the local Congress office, said to be a Gandhi family tradition in Raebareli, which has sent Sonia to the Lok Sabha since 2004. (Full coverage: India Votes 2014)
The affidavit she filed today shows the Congress president's total income in the year 2012-13 at 14.2 lakh. The 67-year-old owns jewellery worth 23 lakh, gold worth 39 lakhs and 3.2 acres of land.
In 2009, Mrs Gandhi had declared that she had 75,000 rupees in cash and deposits and bonds of 50 lakhs. That year, her asset statement showed gold and silver jewellery worth almost 30 lakh.
Now she has 85 lakhs cash in hand, 66 lakhs in FDs and bonds and mutual funds of about 1 crore
Raebareli was the constituency of former Prime Minister and Sonia's mother-in-law Indira Gandhi and the Congress expects a walkover this time, too.
Indira Gandhi was elected from Raebareli in the 1960s and also in 1980. Her husband Feroze Gandhi held the seat in the 1950s.
Sonia Gandhi contested her first parliamentary election in 1999 from Amethi. Five years later, she shifted to Raebareli, vacating Amethi for son Rahul's electoral debut.
The BJP had earlier this week reportedly evaluated yoga guru Baba Ramdev's suggestion that it field senior leader Uma Bharti against Mrs Gandhi, before announcing that a Supreme Court lawyer, Ajay Aggarwal, would be the party's candidate in Raebareli. (Anti-climax. No Uma Bharti vs Sonia Gandhi after all)
The Samajwadi Party, which rules UP, is not fielding a candidate against Mrs Gandhi.
Mrs Gandhi filed nomination papers for the general elections from her constituency Raebareli in Uttar Pradesh today and the details above are from an affidavit on assets and income that she submitted.
Son Rahul chauffeured the Congress chief in a white SUV to the district collectorate and she was accompanied by old family friend Satish Sharma as she filed her papers. (Watch video here)
Rahul was also with his mother when she attended a "havan" or religious ceremony at the local Congress office, said to be a Gandhi family tradition in Raebareli, which has sent Sonia to the Lok Sabha since 2004. (Full coverage: India Votes 2014)
The affidavit she filed today shows the Congress president's total income in the year 2012-13 at 14.2 lakh. The 67-year-old owns jewellery worth 23 lakh, gold worth 39 lakhs and 3.2 acres of land.
In 2009, Mrs Gandhi had declared that she had 75,000 rupees in cash and deposits and bonds of 50 lakhs. That year, her asset statement showed gold and silver jewellery worth almost 30 lakh.
Now she has 85 lakhs cash in hand, 66 lakhs in FDs and bonds and mutual funds of about 1 crore
Raebareli was the constituency of former Prime Minister and Sonia's mother-in-law Indira Gandhi and the Congress expects a walkover this time, too.
Indira Gandhi was elected from Raebareli in the 1960s and also in 1980. Her husband Feroze Gandhi held the seat in the 1950s.
Sonia Gandhi contested her first parliamentary election in 1999 from Amethi. Five years later, she shifted to Raebareli, vacating Amethi for son Rahul's electoral debut.
The BJP had earlier this week reportedly evaluated yoga guru Baba Ramdev's suggestion that it field senior leader Uma Bharti against Mrs Gandhi, before announcing that a Supreme Court lawyer, Ajay Aggarwal, would be the party's candidate in Raebareli. (Anti-climax. No Uma Bharti vs Sonia Gandhi after all)
The Samajwadi Party, which rules UP, is not fielding a candidate against Mrs Gandhi.
http://www.ndtv.com/elections/article/election-2014/in-sonia-gandhi-s-asset-declaration-a-loan-to-rahul-503529
Sonia declares assets worth over Rs 9 crore, she gave son Rahul Rs 9 lakh as loan
http://timesofindia.indiatimes.com/home/lok-sabha-elections-2014/news/Sonia-declares-assets-worth-over-Rs-9-crore-she-gave-son-Rahul-Rs-9-lakh-as-loan/articleshow/33135582.cms