Northeast India’s Only English and Hindi Satellite News Channel

Meghalaya: Cong leader Vincent H Pala richest Lok Sabha candidate with joint assets worth over Rs 100 cr

First Published: 27th March, 2024 20:37 IST

The gross total value of his moveable assets is over Rs 1.59 crores and that of his spouse is over Rs 91 lakhs.

Three-time Shillong Lok Sabha MP and Meghalaya Congress president, Vincent H. Pala continues to be the richest politician contesting the Lok Sabha elections from Meghalaya.

According to Pala’s affidavit, the Meghalaya Pradesh Congress Committee president and his spouse have assets worth more than Rs 100 crore.

The gross total value of his moveable assets is over Rs 1.59 crores and that of his spouse is over Rs 91 lakhs.

Pala owns a Rolex wristwatch worth Rs 8 lakh, four iPhones worth Rs 4 lakh apart from a .38 revolver worth Rs 6 lakh.

He also owns a double-barrel gun worth Rs 50,000. Pala also owns eight vehicles and six plots of non-agricultural land while his spouse owns eight plots of non-agricultural land.

The approximate current market value of his non-agricultural land stands at Rs 87 crore while that of his wife is Rs 26 crores.

The approximate current market value of his residential building is Rs 3.75 crores and of his wife is Rs 5.5 crores.

Agatha Sangma, NPP candidate and Tura’s sitting MP has movable assets valued at Rs 52 lakhs. Her spouse has Rs 2 lakh 50 thousand cash in hand.

According to the affidavit there was no mention of a vehicle. She, however, owns two pieces of land and two commercial buildings.

The approximate current value of the two pieces of land is estimated at Rs 28 lakhs and the two commercial buildings are Rs 2.58 crores.

COMMENTS

Leave a Reply

Your email address will not be published. Required fields are marked *

WE RECOMMEND

Banner
Meghalaya Minister Rakkam A. Sangma Doubts Congress’ Political Revival in State

Minister Rakkam A Sangma said winning the Tura Lok Sabha seat was a miracle for Congress.

22nd November 2024
Banner
5 Bangladeshi nationals arrested in Meghalaya

The five arrested individuals have been identified as Jahangir Ali (21), Jaidul Islam (30), Durul Ali (37), Maruf Ali (19), and Babu Sheikh (22), all from Rajshahi, Bangladesh.

22nd November 2024
Banner
Meghalaya To Tackle ‘VIP Culture’ With New SOP on Sirens, Tinted Glasses And Flickering Lights

Sangma said, some protocols need to be followed for those who come under the different categories of security like Z plus, Z, and Y.

22nd November 2024
Banner
Meghalaya’s Cricketing Revolution: Naba Bhattacharjee Plans Better Training Facilities for Women’s Cricket

With over 15 years of experience in cricket administration, Bhattacharjee has played a key role in shaping the future of cricket in Meghalaya.

21st November 2024
Banner
Meghalaya Set to Begin Scientific Coal Mining Under CM Conrad Sangma’s Leadership: Minister Kyrmen

He stated that the collaborative approach adopted by the government is key to ensuring progress in this sector.

21st November 2024