Average asset of Karnataka MLAs goes up by nearly Rs 10 crore

April 24, 2013
Bangalore, Apr 24: Average asset of recontesting MLAs in the May five assembly elections has nearly doubled and rose by about Rs ten crore compared to five years ago in Karnataka, according to two NGOs tracking the trend.

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Based on candidates' affidavit filed with nomination papers, Karnataka Election Watch (KEW) and Association for Democratic Reforms analysed 179 outgoing MLAs who are contesting again in the poll, less than two weeks away.

The average asset of these 179 re-contesting MLAs fielded by various parties in 2008 was Rs 10.59 crore, which has now zoomed to Rs 19.87 crore, up Rs 9.27 crore in the past five years, or a growth of 88 per cent.

D K Shivakumar of the Congress from Kanakapura segment has declared maximum increase in assets with an increase of Rs 175.91 crore -- from Rs 75.59 crore in 2008 to Rs 251.50 crore in 2013.

Assets of Priya Krishna (Congress-Govindrajanagar) increased by Rs 143.36 crore, from Rs 767.61 crore in 2008 to Rs 910.98 crore in 2013, and that of Santhosh Lad (Congress-Kalaghatgi) from Rs 61.54 crore to Rs 186.40 crore.

Eight MLAs have reported decrease in assets in 2013 as compared to the value of their assets five years ago.

Among them the highest decrease has been shown by B K Sangameshwara (72 per cent decline in assets; Rs 5.38 crore in 2008 to Rs 1.66 crore in 2013). (Incidentally, the Congress has denied ticket to Sangameshwara, who is now seeking re-election from Bhadravati as an independent).

He is followed by Higher Education Minister C T Ravi (BJP-Chikmagalur) (54 per cent reduction in assets, from Rs 7.85 crore in 2008 to Rs 3.59 crore in 2013).

The highest percentage increase (210.51 per cent) in assets has been declared by Ramanatha Rai of Congress from Bantwal.His assets increased from Rs 1.71 lakh to Rs 3.62 crore,according to the NGOs.

Sports Minister Appachu Ranjan (Madikeri) came second, declaring an increase in assets of 57.52 per cent, from Rs 18.20 lakh to Rs 10.65 crore in 2013 (He did not provide Rupee value for six motor vehicles, jewellery and immovable assets), as per the analysis by the NGOs.

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News Network
December 16,2025

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Melkar (Bantwal): The 9th Annual Day celebration of SMR Public School, titled “EXCELLENTIA”, was held on December 15 with great enthusiasm and dignity, marking a significant milestone in the institution’s journey towards academic excellence and holistic development.

The programme was inaugurated by Dr. U. T. Iftikar Ali. The chief guests were Dr. Akhtar Hussain, Mr. P. Moosabba Beary, Mr. Zakaria Jokattre, and Dr. T. M. Abdul Rahuf—whose inspiring addresses motivated the students and appreciated the school’s contributions to education.

Mr. Abdul Nasir, Mr. Ibrahim Gadiyar, Mr. Razak Golthamajal, Mr. Sali Koya, Mr. Arshad Hussain, Mr. Ismail Balanoor, Mr. Feroz Bawa, Mr. Sahul Hameed, Mr. Abubakkar, Mr. Hameed K. Mani, Mr. Abdul Majeed (Principal, Melkar Women’s College), and Mr. Abdul Lathief (Former Principal, Melkar Women’s College) were the guests of honour.

The Annual Report was presented by the Headmistress, Ms. Fathimathul Zaheera, highlighting the school’s achievements and progress during the academic year. The Presidential Address was delivered by the Chairman of SMR Public School, Dr. Haji S. M. Rasheed, who emphasised the vital role of education in shaping students’ futures and stressed the importance of discipline, dedication, and consistent effort in achieving 100 per cent academic results.

Secretary of SMR Public School, Mr. Rifath Ahmed, and PTA President, Mr. Sandeep Kumar, were also present on the occasion.

The Annual Day celebration showcased the collective efforts of students and teachers and reaffirmed the school’s commitment to quality education and all-round development. The programme concluded with a vote of thanks, expressing gratitude to all dignitaries, parents, and well-wishers for their support. The 9th Annual Day—EXCELLENTIA—was a memorable and successful event, leaving a lasting impression on everyone present. 

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News Network
December 15,2025

Mangaluru police have arrested a 27-year-old NRI on his return from Saudi Arabia in connection with an Instagram post allegedly containing derogatory and provocative remarks about the Hindu religion, officials said on Monday.

The accused, Abdul Khader Nehad, a resident of Ulaibettu in Mangaluru, was working in Saudi Arabia when the post was uploaded, police said.

A suo motu case was registered at the Bajpe police station on October 11 after an allegedly offensive post circulated from the Instagram account ‘team_sdpi_2025’. Police said the content was flagged for being provocative and derogatory in nature.

During the investigation, technical analysis traced the Instagram post to Nehad, who was residing abroad at the time, a senior police officer said. Based on these findings, a Look Out Circular (LOC) was issued against him.

On December 14, Nehad arrived from Saudi Arabia at Calicut International Airport in Kerala, where he was taken into custody on arrival. Police said further investigation is underway.

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News Network
December 7,2025

Mangaluru, Dec 7: A 34-year-old fruit and vegetable trader in Mangaluru has reportedly lost ₹33.1 lakh after falling victim to an online investment scam run through a fake mobile app.

Police said the scam began in September, when the victim received a link on Facebook. Clicking it connected him to a WhatsApp number, where an unidentified person introduced a high-return investment scheme and instructed him to download an app.

To build trust, the fraudster asked him to invest ₹30,000 on September 24. The trader soon received ₹34,000 as “profit,” convincing him the scheme was genuine. Over the next two months, he transferred money in multiple instalments via Google Pay and IMPS to different scanner codes and bank accounts shared by the scammers. Between September 24 and December 3, he ended up sending a total of ₹33.1 lakh.

When he later requested a refund of his investment and promised returns, the scammers demanded additional payments, claiming he needed to pay a “service tax” first. Even after he paid a small amount, no money was returned, and the scammers continued pressuring him for more.

A case has been registered at the CEN Crime Police Station.

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