Comrade Salim and family own assets worth Rs.92 lakh

April 17th, 2009 - 11:08 pm ICT by IANS  

State Bank of India Kolkata, April 17 (IANS) Mohammed Salim, deputy leader of the Communist Party of India-Marxist (CPI-M) in the outgoing Lok Sabha, and his family have total assets of over Rs.92 lakh (Rs.9.2 million).
The 51-year-old Salim has Rs.15,000 in cash and Rs.37,52,241 in bank deposits, according to an affidvait he filed Friday along with his nomination papers for the Kolkata North constituency.

He has accounts in three state-run banks, including a term-deposit of Rs.36,26,558 with Parliament House branch of the State Bank of India (SBI) in New Delhi.

Salim, who holds a post-graduate degree in philosophy, has assets worth Rs.595,250 in various mutual funds. He has two life insurance policies totaling Rs.200,000 and jewelleries of value Rs.5,000.

He does not own any car and there are no criminal cases against him.

His spouse, Rosina Khatun, has Rs.12,000 in cash besides accounts in five banks, including multinationals American Express and Standard Chartered.

She has a fixed deposit of Rs.71,480. Her total bank deposits add up to Rs.511,233.

Khatun has Rs.840,236 in bonds and debentures and her deposits in other financial instruments and Life Insurance Corporation of India policies amount to Rs.11,96,746. She owns jewellery worth Rs.300,000.

Khatun also has an under-construction flat, measuring 1,219 sq ft, in the upscale satellite township of Salt Lake, for which she has so far paid Rs.970,000.

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