Chief Minister Naveen Patnaik’s assets, including immovable properties, rose by only Rs 1 lakh in a year. This is as per his declaration of his properties in 2017.
The total assets of Patnaik were valued at Rs 49,22,21,637 this year, a hike by only Rs 1,05,212 compared to last year’s Rs 49,21,16,425.
While his movable properties, including bank deposits, jewelleries and an old Ambassador car, were valued at Rs 26,87,637 as on March 31, 2017, the valuation of his immovable assets -- farmland measuring 22.7 acres and building situated at Tikrikhera village in Faridabad, Naveen Niwas in Bhubaneswar and property situated at APJ Abdul Kalam Road in New Delhi – was made at Rs 48,95,34,000 as on March 31, 2014.
Patnaik’s assets, including immovable properties, were registered at Rs 49,21,16,425 on March 31, 2016. In a statement last year, he had declared movable assets worth Rs 25,82,424 as bank deposits, jewelleries and the Ambassador car.
The movable properties of Patnaik were registered at Rs 26,87,637 in 2017. Hence, there is no change in valuation of his immovable assets in the past three years. The valuation remained the same at Rs 48,95,34,000.
He availed Rs 15 lakh as loan from his sister Gita Mehta that he has not yet returned.
Apart from the CM, his four Cabinet Ministers Pradeep Maharathy, Maheswar Mohanty, Bijayshree Routray and Damodar Rout are also in the crorepati list.
Maharathy’s properties rose by Rs 4.10 lakh in six years. His own assets were valued at Rs 2.75 crore while his wife, who is a college lecturer, has assets worth Rs 1.33 crore.
Maheswar Mohanty’s wife had owned three buses earlier. Now she has purchased a new bus on a bank loan.
Damodar Rout and Bijayshree Routray’s properties also increased in the past one year. They became richer with assets worth crores.