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Maya's assets 3 times her income

TimePublished on Thu, Feb 15, 2007 at 13:47, Updated at Wed, Jun 20, 2007 in section

MONEY TRAIL: CBI says BSP leader Mayawati has disproportionate assets worth Rs 8.77 crore.

MONEY TRAIL: CBI says BSP leader Mayawati has disproportionate assets worth Rs 8.77 crore.


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New Delhi: Bank accounts in Delhi, prime commercial establishments in the heart of the Capital in Connaught Place, a farm house and acres and acres of agricultural land in Bulandsahar, western Uttar Pradesh - this is just a sneak preview of wealth amassed by the self-proclaimed crusader of the Dalits, Mayawati, during her tenure as UP chief minister.

After two years of investigation, the Central Bureau of Investigation (CBI) has found a long list of disproportionate assets worth Rs 8.77 crore and Rs 7.36 crore of unaccounted money along with several crores of investment in the stock market of Bahujan Samaj Party supremo, Mayawati.

Since the early 90s till 2003, Mayawati had only declared assets worth Rs 1.11 crore in her income tax returns.

Now, documents available with CNN-IBN show that assets only in her own name are a whopping 300 per cent more than her declared income and the assets belonging to her relatives - which have now been linked to her - is 700 per cent more.

There is agricultural land worth Rs 1.9 crore in her name alone in Bulandshahar. CBI sources say that land records were doctored. The records show that Mayawati bought all these from her father.

Along with this, there is a long list of benami properties worth Rs 8.81 crore in Delhi, Uttar Pradesh and Uttaranchal - bought between 1995 and 2003 in the name of her father, mother, brother, sister-in-law and a host of other relatives.

Sources say that Mayawati is the de-facto beneficiary of all these properties as she had the power-of-attorney in her name.

There is Rs 2,27,94,533 - unaccounted for money - that has been stashed in account number 9195 of Union Bank of India's Motibagh branch in New Delhi.

Mayawati also has Rs 23,45,539 in account number 01190/526277 in the State Bank of India branch inside Parliament building.

In addition to this her relatives have 51 bank accounts in Uttar Pradesh and Delhi - all linked to her. These accounts together have Rs 4.84 crore stashed in them.

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