Finance
By: Shree1news, 10 JAN 2021
Son of legendary Odisha leader Biju Patnaik and fifth term chief minister Naveen Patnaik owns property worth ₹64.98 crore, comprising movable and immovable assets, according to a statement. The declaration, for the last financial year, was made by Patnaik, days after he called upon all peoples’ representatives and government officers to do the identical and preserve transparency in public life. Out of this, the main portion of his asset is inheritance from the family properties. Patnaik’s property statement revealed that he has seven bank accounts in varied places such as in New Delhi, Bhubaneswar and Hinjilikut in Odisha’s Ganjam district.
The CM’s movable properties include bank deposits and jewelry worth ₹1.34 crore.
Amongst immovable properties, Patnaik has a farmland and building spread over an area of 22.7 acre at Tikri Khera village of Faridabad, valued at over ₹10 crore.
He inherited the farm from his mother.
Patnaik also owns 50 per cent share of his ancestral property at APJ Abdul Kalam Road in New Delhi, valued at over ₹43 crore.
He has two-thirds share in Naveen Niwas, situated near Bhubaneswar airport, worth over ₹9,52,46,190. This, too, was inherited from his mom. Naveen Patnaik is the youngest among the three siblings. Brother Prem Patnaik is the eldest followed by sister and author Gita Mehta and then comes Naveen Patnaik.
The CM has a financial liability of ₹1.25 crore, which he had taken as advance towards the sale of a farmland at Faridabad vide an agreement dated September 18, 2019.
Last yr, the chief minister had a legal responsibility of ₹15 lakh, which he had taken from his elder sister Gita Mehta. Nonetheless, he paid the loan this year, the assertion mentioned. Veteran leader Biju Patnaik had served as chief minister of Odisha for 2 terms. Naveen Patnaik, who additionally heads Biju Janata Dal (BJD) is on the chief mini8sterial chair for a record fifth term since 2000. A glance by the details of property declared by members of Patnaik’s cabinet show that Sports minister Tushar Kanti Behera has the lowest total property worth ₹32.33 lakh only.
Source: A-N
