Now Reading: Prashant Kishor declares Rs 198 crore net worth in affidavit
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Prashant Kishor declares Rs 198 crore net worth in affidavit
Jan Suraaj Party founder and Bankipur MLA Prashant Kishor declared assets worth about Rs 198 crore in his election affidavit, according to Livemint. His family’s movable assets totalled nearly Rs 122 crore,…
The Story in Brief
Jan Suraaj Party founder and Bankipur MLA Prashant Kishor declared assets worth about Rs 198 crore in his election affidavit, according to Livemint. His family’s movable assets totalled nearly Rs 122 crore, while immovable assets were valued at about Rs 86 crore.
Kishor declared fixed deposits worth Rs 7.36 crore with HDFC Bank, shares in Bharti Airtel and Indian Overseas Bank, and life insurance policies worth more than Rs 5.34 crore. His wife, Jahanvi Das, held shares worth Rs 95.26 crore in Vedhas Ventures Private Limited, mutual funds worth Rs 1.25 crore and post office PPF savings. The affidavit also listed land, residential buildings, jewellery and a dismantled rice mill.
The Indian Opinion
The easy narrative is that a politician with modest equity holdings is either hiding wealth or claiming a purely cash-based fortune. The affidavit points to a more mixed picture, with property, insurance, deposits and a large private-company holding spread across the family. That holding deserves the closest scrutiny because its valuation drives much of the declared wealth. The useful test is whether the company’s audited filings support the Rs 95.26 crore figure.
Source: livemint.com
This story was synthesised by AI from the source linked above.
