Friday, November 18, 2011

Tripathi 'richest' minister of Bhattarai cabinet

Physical Planning Minister Hridayesh Tripathi apparently looks the richest member of the Baburam Bhattarai cabinet with his property report putting his fortune at tens of millions of rupees.

Hridayesh Tripathi
According to the property details submitted by him to the Office of the Prime Minister and the Council of Ministers, Tripathi's possessions include 190 tola gold apart, 2002 tola silver, 7 Ropani and 2 Aana land plots at Bhainsepati, Balaju and Bansbari in the Kathmandu Valley, a house at Bhaisepati, two Japanese Prado jeeps, one Wagoner car, a tractor and a scooter.

Similarly, he owns land plots in Bhairahawa and his home district Nawalparasi. Additionally, he has bought stocks of Prime Bank (350 units), Bank of Asia (500 units) and Nepal Telecom (worth Rs 1.86 million). He also has Rs 600,000 deposit in his Everest Bank account.

The properties are in the name of minister Tripathi, his wife Sobha and daughter Pallavi. According to the property document submitted by him, the gold and silver and some other properties came through his earning, dowry and presents.

Minister Tripathi is also heavily into bank loans. The report shows he has taken Rs 33.57 million loan from different banks and finance companies.

Minister Tripathi, a senior leader of Terai Madhesh Loktantrik Party who held cabinet berths twice in the past, is among 21 ministers who have submitted their property details to the PMO.

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