BJP’s Rajesh Naik declares 21.53 cr assets

BJP’s Rajesh Naik declares 21.53 cr assets

BJP candidate from Bantwal, Rajesh Naik, has movable property worth Rs 2,71,58,475 and his wife Usha Naik has movable property worth Rs 55,05,329.

During the I-T returns filing 2017-18, he has shown income of Rs 29,30,878, while his wife Usha has shown income of Rs 7,99,621. He has 2,20,000 cash on hand and 69,398 in various bank accounts; while his wife has Rs 1,00,000 cash on hand and Rs 1,697 in bank accounts.

Naik also has Rs 1,00,000 worth Sriram Life Insurance Policy, Rs 2,00,000 worth Aegon Religare Insurance, Rs 99,493 worth Kotak Life Insurance.

In addition, he has invested in shares of Oddoor Bio Product Company.

He owns Fortuner car worth Rs 23,62,841, Toyota Innova worth Rs 18 21,203, truck worth Rs 47,035, pick-up vehicle Rs 5,80,000, earth mover worth Rs 24,22,919, tractor worth Rs 3,50,000, and tiller worth Rs 75,000, while his wife has a car worth Rs 11,42,632.

Naik has 2 kg silver ornaments worth Rs 83,800, and 110 gm gold ornaments worth Rs 3,36,710. His wife Usha has 1 kg gold ornaments worth Rs 30,61,000 and diamond ornaments worth Rs 12,00,000.

Naik owns immovable property worth Rs 16,26,92,000 and his wife owns immovable property worth Rs 2,00,32,000. He has liabilities of Rs 5,78,20,798 in various banks, while his wife has liabilities of Rs 53,26,284 in various banks.

S Angara

BJP candidate from Sullia and five-time MLA S Angara has Rs 50,000 cash on hand, while his wife has Rs 40,000 cash on hand. He owns movable assets worth Rs 24,58, 682, while his wife owns movable assets worth Rs 6,54,445 and his children own movable assets worth Rs 1,11,368 and Rs 1,00,000, respectively.

He has Rs 2,74,001 in various bank accounts. He has Vijaya Bank share worth Rs 5,000. He has insurance cover of Rs 7,89,681. He owns ambassador car worth Rs 60,000 and another car worth Rs 7,20,000.

Angara owns 200 gm jewellery worth Rs 5,00,000 and 1.5 kg silver worth Rs 60,000. His wife owns 120 gm gold worth Rs 3,48,000.

He owns immovable property worth Rs 76,69,450. This includes one floor house worth Rs 25,00,000 in Amaramudnoor, and agriculture and non-agriculture land. He has liabilities of Rs 12,40,103.

Nithin Kuthar

CPM candidate Nithin Kuthar from Mangaluru constituency has movable assets of Rs 2,36,067 and doesn’t own any immovable property. 


Muneer Katipalla, CPM candidate from Mangaluru North, has moveable assets worth Rs 7,36,000 and doesn’t own any immovable property.

Muneer has Rs 15,000 cash, Rs 16,543 in bank accounts, a bike worth Rs 70,000, LIC policy worth Rs 1,00,000. His wife Shabana has Rs 3,000 cash, Rs 37,175 in bank accounts. She has 184 gm gold worth Rs 4,60,000. Daughter Fathima Manha has 16 gm gold worth Rs 40,000 and son Meer Faiz has no property.

A case was registered against him in Panambur Police Station in connection with protest against MRPL in 2015. The case is in the second JMFC court, said the affidavit submitted to the Returning Officer on Thursday. 

Dr B Raghu

Dr B Raghu, Congress candidate from Sullia assembly constituency, is contesting for the third time. He has assets worth Rs 38,58,000. He has Rs 3,00,000 cash on hand, Rs 55,772 in bank accounts, and Rs 9,00,000 deposits.

He owns 3.35 acre agricultural land in Ilanthila, in Belthangady taluk, a house on five cents land at Nekkiladi. He has loan of Rs 12,97,000 in various banks. His wife Nagalakshmi has 2,50,000 cash, 120 gm gold ornaments and 65 cents land. His elder son Prahlad has Rs 82,000 cash, while younger son Abhishek has Rs 60,000 cash.

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