Mumbai’s rich lawmakers wealthier after one term

MUMBAI: The totafacebookl wealth of the 35 Mumbai MLAs who are seeking re-election increased by 137% since 2009, according to affidavits submitted by them along with their nomination papers.

Their wealth grew from Rs 350 crore in 2009 to Rs 830 crore in 2014. Over half-a-dozen MLAs registered an increase of more than 400% in their wealth, with NCP’s MLA from Kurla Milind Kamble leading the list.

Kamble’s wealth grew by 29,900% — from Rs 25,000 in 2009 to Rs 75 lakh in 2014.

Mumbai has 36 constituencies. Of the total 36 MLAs, 35 are seeking re-election.

Former BJP MLA Gopal Shetty is not contesting this time as he has been elected to the Lok Sabha.

The major gainer in wealth in terms of parties are the four Shiv Sena MLAs, whose cumulative wealth grew at 601%, from Rs 4.68 crore to Rs 32.81 crore.

They were followed by the Congress, whose 17 MLAs showed a cumulative growth of 238.40%, from Rs 86.79 crore to Rs 293.7 crore.

They are followed by the six MNS MLAs, whose cumulative wealth grew by 173.45%, from Rs 27.09 crore to Rs 74.08 crore.

After NCP’s Kamble, the major individual gainer in wealth is Sena legislator Bala Sawant whose wealth increased by 1,945%, from Rs 0.11 crore to Rs 2.25 crore.

The third highest increase has been registered by Shiv Sena MLA Ravindra Waikar from Jogeshwari, who has shown an increase of 1,071%, from Rs 1.75 crore in 2009 to 20.5 crore in 2014.

The wealthiest MLA in Mumbai is the BJP MLA from Malabar Hill, Mangal Prabhat Lodha, who owns property worth Rs 198.61 crore.

His wealth grew by 189% from Rs 68.64 crore. He is followed by the Samajwadi Party’s Abu Asim Azmi, who represents the city’s poorest constituency of Mankhurd. His personal wealth is 156.11 crore.

Abu Asi is followed by Congress MLA from Kandivali Ramesh Singh Thakur, whose personal wealth is Rs 81.63 crore. It increased by 267% from Rs 22.22 crore in 2009. – From The Indian Express

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