With filing of nominations to four Rajya Sabha seats coming to an end on Monday, JD(S) candidate B.M. Farook has emerged the richest candidate among the five in the fray, with total assets of over ₹765 crore, while Congress candidate Syed Nasir Hussain’s assets come last with total assets valued to be around ₹1.88 crore.
Mr. Farook, whose interests span the real estate sector, has among his declared assets, fixed assets worth close to ₹669 crore. He has declared an income of ₹10.19 crore during 2016-17.
Two-time Independent member of the Rajya Sabha and contesting on BJP ticket in this election, Rajeev Chandrasekhar, whose interests span aviation and the media, among other sectors, has declared total assets of ₹65.8 crore, which includes assets owned in the name of his wife and two children. Mr. Chandrasekhar earned ₹28 crore during financial year 2016-17. His family’s liability is around ₹1.22 crore.
The third candidate of the Congress, G.C. Chandrashekar, has declared total assets worth ₹14.07 crore, with a large part of it coming from his wife, who has inherited immovable property. His family has no liability.
Mr. Hussain, 47, who hails from Ballari, has family assets worth ₹1.88 crore and liabilities of ₹5.76 lakh. Mr. Hussain’s wife Mehnaz Ansari works as Country Representative-South Asia of United States Trade and Development Agency at the U.S. Embassy in New Delhi. Congress candidate and writer/Dalit activist L. Hanumanthaiah’s family owns assets worth ₹8.4 crore with a liability of ₹2.8 crore. His pension is part of his income.
