Govt unveils ministers’ property details; Mahaseth tops rich list

Published On: May 23, 2018 02:30 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, May 23: The government has unveiled the property details of Prime Minister KP Sharma Oli and other incumbent ministers on Wednesday.

According to the property details unveiled today, Minister for Physical Infrastructure and Transport Raghubir Mahaseth tops the ministers’ rich list.   Minister Mahaset possesses over one billion rupees including both moveable and immoveable properties.

Mahaseth’s wife Juli Kumari Mahato has two-and-a-half story building spreading in the area of 4, 200 squares feet in Janakpur Sub-metropolitan City-9. Similarly, he has a two-and-a-half story building spreading in 5,800 squares feet in Lalitpur Metropolitan City. It is in his wife’s name.

Similarly, his wife has eight bighas and five katthas of land in Dhanusha, five katthas of land in Sindhuli, two ropanis and 13 anas of land in Lalitpur Metropolitan City. Similarly, he has one bigha and 15 katthas of land and Rs 7.2 million in his bank account.

Similarly, he has 52 tolas of gold, one and a half kilos of silver.

Likewise, he holds shares worth over Rs 400 million of different companies and banks according to the details.

Similarly, he has over 147 bighas of land to be shared among the family members. It has been shown in the details that Mahaseth and his wife have jointly taken a loan of Rs 230 million. 

According to the property details made public today, incumbent Prime Minister KP Sharma Oli has three-story two buildings at Suryabinayak Municipality-2 in Bhaktapur in his wife Radhika’s name.

Similarly, PM Oli has a bank balance of Rs 4.2 million in his account maintained at Everest Bank and 18 tolas of gold.

Likewise, his wife Radhika has Rs 3. 5 million deposited at different bank accounts.

Defense Minister Ishwar Pokharel has also submitted his property details to the Office of the Prime Minister. According to the property details, he has a three-story building located in the area of 25 anas of land in Dhapasi, Kathmandu. It has been registered in his wife’s name. Likewise, he has 12 katthas of land in Chandragadhi, Jhapa, one ropani and 11 anas of land in Nagarkot (dowry), four ropanis of land in Khanikola in Dhading.

Likewise, he has nine totals of gold and 25 tolas of silver, Rs 700,000 at a bank account maintained at Nepal Investment Bank, Rs 140,000 in Everest bank (his wife), Rs 500,000 in Sanima Bank, 10,000 shares of Barun Hydropower project and 200 shares of Agriculture Development Bank and 500,000 shares of Modern Kanya Multiple College.

Minister for Federal Affairs and General Administration Lal Babu Pandit has a five-room house spreading in the area of one kattha of land in Biratnagar, four bighas of land in Sarlahi, four anas of land in Bhainsepati, Lalitpur.

Similarly, he has 10 tolas of gold, 15 tolals of silver and Rs 5.5 million in different bank accounts, according to the property details. 


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