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Smarter than wolves of Wall Street

DNMUM384066 | 2/28/2017 | Author : Iftikhar Gilani & Dipu Rai | WC :859 | India

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An investigation reveals that politicians’ net worth has gone up by as much as 40,000% over a single term in office

New Delhi: Can you imagine your income rising by not 100%, 200% but as much as 44,235% over a period of five years? You certainly can if you are a politician. In a DNA exclusive, information collected through RTIs and affidavits filed by candidates before the Election Commission, found that a number of politicians had reported a percentage increase in assets that went up sometimes by more than 40,000% over the past five years.
The meteoric rise in the assets is reflected in politicians’ affidavits all across the country. Take the case of Vishnunath. An MLA from the Congress party he contested in the Karnataka state polls from the seat of Chengannur in 2008 declaring just Rs 5,632 in assets then. This amount rose to Rs 2,502,000 in
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