February 7, 2018: And the richest candidate who will be contesting the ensuing Assembly Polls in Meghalaya is none other than former legislator and NPP candidate from Umroi constituency, Ngaitlang Dhar.
It may be mentioned that Ngaitlang Dhar, a former congress legislator who recently defected to the Nationalist People’s Party (NPP) retained his status of being the richest politician in Meghalaya.
In 2013 Assembly Polls, Ngaitlang Dhar came to be known as the richest politician in Meghalaya with total assets of Rs 2,35,64,31,227 (Rs 235 crore) and Liabilities of Rs 9,89,64,126.
After 5 years, his assets has increased of course, but by a small margin. Now his total assets stand at Rs 290,28,33,342.49 (Rs 290 crore) with Liabilities of Rs 3,95,78,241.
Dhar, who filed his nomination papers on Feb 6, declared all his assets (movable and immovable) and like last five years, his affidavit is more interesting than others owing to the number of motor vehicles (light and heavy) he owns.
The number of vehicles in 2013 was 133 and in 2018, the number rose to 140 which included — 121 trucks, two tractors, 1 JCB, a Mercedes, BMW, Fortuner, Alto Maruti, Scorpio, 3 Bolero Pick up, 2 Mahindra Pick up, Air Compressor and Maruti Gypsy.
His movable assets alone worth Rs 71,23,55,670.49 while his immovable assets (Land) worth Rs 219,04,77,672. He owns many agricultural lands across the state particularly in Jaintia Hills and Khasi Hills. He also owns a commercial building in Gurgoan in Haryana worth Rs 5,25,00,000 besides other residential buildings spanning across Khasi and Jaintia Hills.
On the other hand, his wife owns movable assets of Rs 1,21,99,991.84 and Rs 3,70,65,000 worth immovable assets.
Dhar has 15,00,000 cash in hand and bank savings worth Rs 1,40,65,500.49 and investment in bonds (SBI mutual fund) worth Rs 43,00,00,000.
As per his affidavit, Dhar is a class VIII passed from Wahiajer Presbyterian Secondary School.
The 49-year-old, who is a business tycoon with interests in construction and transport, was also the richest candidate in 2013, when he contested and won on a Congress ticket from the same seat. His net worth was Rs 235 crore then.Dhar’s 25-year-old son Dasakhiatbha Lamare is contesting from Mawhati seat on an NPP ticket and his brother Sniawbhalang, who had won from Nartiang in 2013 and was a minister in the ruling Congress government, is contesting from the same seat this year, also as an NPP candidate.
Picture courtesy: Hindustan times