THELIGHTOFANDAMANS: Sanjay Meshack and Kuldeep Rai Sharma: Two Crorepatis in the Fray

Sunday, March 30, 2014

Sanjay Meshack and Kuldeep Rai Sharma: Two Crorepatis in the Fray

Sanjay Meshack and Kuldeep Rai Sharma:

Two Crorepatis in the Fray

By Zubair Ahmed

The total value of movable and immovable assets of the Aam Aadmi Party candidate Sanjay Meshack is Rs. 5.74 crores, which makes him the richest candidate as per the affidavit filed for the nomination of Lok Sabha elections.

Sanjay has total movable assets of Rs 17.61 lakhs and his spouse has Rs 7.36 lakhs. He has immovable asset to the tune of Rs 5.50 crores. Sanjay Meshack's annual income is Rs 17.61 lakhs.

The total assets of Kuldeep Rai Sharma, the Congress candidate including his spouse's asset is worth Rs. 3.11 crores.

He has movable assets of Rs 37.33 lakhs and his spouse Rs 30.34 lakhs. The total value of immovable assets of Kuldeep is Rs 48.44 lakhs and his spouse Rs 1.95 crores. He has declared his income as Rs 4.14 lakhs.

He has declared himself poorer than his wife. Moreover, one of the notable point in the affidavit is that he doesn't have any deposit in A&N Coop Bank, of which he is the Vice Chairman.

Bishnu Pada Ray, the BJP candidate has declared an asset of Rs 56.58 Lakhs in his affidavit.

His movable assets are valued at Rs 35.31 lakhs and his spouse has total assets amounting Rs 3.27 lakhs. He has immovable assets worth Rs 8.50 lakhs and his spouse Rs 9.50 lakhs The income of Bishnu Pada Ray as declared in the affidavit is Rs 6.70 lakhs.

Both Kuldeep Rai Sharma and Bishnu Pada Ray have no liabilities as per the affidavits filed by them.

Whereas, spouse of Kuldeep Rai Sharma has liabilities of Rs 50.34 lakhs including the term loan from A&N Coop Bank worth Rs 20.70 lakhs taken for construction of Hotel Sunrise and Whistling Wood.

Bishnu's wife has liability of Rs 1.75 lakhs.

Sanjay Meshack has declared his liability of Rs 38.80 lakhs and his wife Rs 2.45 lakhs.

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About The Light of Andamans

The Light of Andamans’ was born out of the zeal and determination to fight against the suffocating Kafkaesque atmosphere on the society that existed even after 30 years of Independence under bureaucratic rule. It was a hangover of the ‘Raj’that extended much too long in the Islands.

The Light of Andamans’ was started in 1975. The paper had always been a crusader, taking up the causes that no other newspaper would touch. In doing so, it very often stepped on the toes of the authorities and had to face persecution in the form of denial of advertisements and numerous court cases against it. For a small stint, the publication came to a halt in 2003.

Gezira Publications Private Limited took over the paper in the year 2005 and transferred the title in a bid to revive the second oldest newsmagazine from extinction and also to carry forward the mission.

The Newsmagazine, under the new management, has undergone a sea change both in form and content. It turned into a full-fledged tabloid with 10 pages with plenty of photographs making both pleasing to the eyes and soothing for the mind. “It has acquired a position where it influences the policies in vital matters concerning the development of the islands, protection of aboriginal tribes and addressing the problems of the disadvantaged groups. The newsmagazine is known and appreciated for its bold, free, fair and balanced reporting.”

Late Govinda Raju and his team worked very hard to rebuild the reputation, goodwill and a healthy new image of the newsmagazine brick by brick. After the demise of Mr Raju in 2010, the magazine is now being edited by Zubair Ahmed and published by Basudev Dass. The newsmagazine continues its mission of highlighting policy issues pertaining to the Islands.