UPA II assets: Kamal Nath richest

Union Urban Development Minister Kamal Nath is the richest among the ministers with assets worth Rs 263 crore,according to media reports.

Finance Minister Pranab Mukherjee has assets worth Rs 1.25 crore including a flat each in Munirka in the capital and Kolkata.

His moveable properties include a Ford Ikon car of 2000 make and savings accounts.

Corporate Affairs Minister M Veerappa Moily has perhaps the most modest assets among Cabinet Ministers with no moveable property and cash in hand and bank accounts worth over Rs 13.33 lakh.

As per PM’s declaration,he has no agricultural or non-agricultural land. He has residential house in Chandigarh with current market value of Rs 90 lakh.

PM also has a flat in Delhi’s posh Vasant Kunj area with the current market value of Rs 88.67 lakh.

The PM’s wife Gursharan Kaur has over Rs 11 lakh in saving account in State Bank of Patiala Chandigarh.

He also has term and bank deposits in various banks totalling around Rs 3.22 crore.

Home Minister P Chidambaram along with his wife have assets to the tune of Rs 23.67 crore,with Chidambaram alone owning assets of Rs 11.14 crore which include fixed deposits and interest thereof to the tune of Rs 1.29 crore in various banks.

Among the immovable assets owned by him include a coffee estate in Kodagu worth Rs 28.95 lakh,besides other assets worth Rs 62.26 lakh which includes a Skoda car worth Rs 22.15 lakh,a Volkswagen car worth 16.24 lakh and a Ford Fiesta car worth Rs 7.71 lakh. He also owns a cycle worth Rs 1,239 and a Kinetic Honda worth Rs 27,685.

His wife Nalini Chidambaram,however,owns land and buildings in Managiri,Sukkanenthal village worth Rs 2.66 crore and agricultural land in Muttucaud/Kanathur worth Rs 27.41 lakh and a house in Karaikudi worth Rs 12.68 lakh. She also owns a coffee estate worth Rs 1.18 crore,a house in Sivagangai worth Rs 12 lakh and land in Managiri worth Rs 11.2 lakh.

While Chidamabaram himself possesses jewellery worth only Rs 65,955,his wife possesses it worth Rs 7.75 lakh.

Defence Minister A K Antony is has total assets worth Rs 39.15 lakh jointly owned with his wife. Antony himself does not own any house or property or even a vehicle and has saving fund deposits worth only Rs 1.82 lakh.

Power Minister Sushil Kumar Shinde has assets worth Rs 7.75 crore,while his wife owns assets of over Rs 4.5 crore. Shinde owns a house in Solapur worth Rs 50 lakh,a flat in Bandra in Mumbai worth Rs 1.99 crore,a flat in Munirka Vihar,New Delhi worth Rs 1.25 crore and a farm house in Solapur worth Rs 19.76 lakh.

External Affairs Minister S M Krishna is worth Rs 1.76 crore,with fixed assets worth Rs 56.16 lakh. His wife owns assets worth Rs 1.10 crore.

The assets and liabilities of Union Council of Ministers for 2010-11 have been put on the PMO website in accordance with the Code of Conduct for ministers.

Forced by an RTI application,the government had decided to declare the assets and liabilities of Union ministers on demand by the public.

The Code of Conduct states that “a person immediately after entering office as a minister,and in any case within a period of two months from the date of assumption of office,shall disclose to the Prime Minister,or the Chief Minister,as the case may be,details of the assets and liabilities,and of business interests,of himself and of members of his family…”