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

WE RECOMMEND

Banner
Rising mercury: Meghalaya schools to have hydration breaks, no outdoor activities

Authorities have asked schools in Meghalaya, the state known for its cooler climate, to stop any outdoor activities or sports because of the ongoing heat wave

27th April 2024
Banner
Meghalaya: HYC upset over illegal settlement opposite F&ES station in Shillong, seeks eviction of illegal settlers

Highly concerned over the "illegal settlement", the HYC took the matter in it's own hands and in fact carried out an inquiry through spot verification.

26th April 2024
Banner
Suspected petrol bomb hurled at Meghalaya Dy CM Dhar’s residence

DCM Sniawbhalang Dhar has filed an FIR at and police have begun investigation into the incident

26th April 2024
Banner
Meghalaya Govt yet to receive proceeds from successful bidders of coal auction in 2023

Justice BP Katakey told the government to allow the extension for a reasonable period of time to make the payment of entire auction value, if necessary in instalments

26th April 2024
Banner
Meghalaya LS polls: BJP fully backed NPP, affirms cabinet min and BJP MLA AL Hek

In fact, Hek also turned down speculations that the BJP leadership could not convince its party workers to lend support to the NPP.

25th April 2024