Retired director-general of police L. Revanasiddaiah who has joined the BJP for his “political survival” after exiting the Congress on being denied a ticket for the Varuna constituency, in his declaration of his financial antecedents demonstrates what a tough, hard climb it is for a government servant.
By his own admission, Revanasiddaiah inherited an ancestral house and agricultural land, but looking at the valuations provided by the police officer, it is clear that the aam admi goes out of his way to sell land and plots at way below the market rates to servants of the people.
# Cash on hand Rs 14 lakh. Wife has Rs 3 lakh.
# Bank deposits Rs 18.1 lakh. Wife’s deposits Rs 30,000.
# Shares, bonds, etc: Rs 1.1 lakh. Wife holdings Rs 55,000.
# Other deposits Rs 55,000. Wife Rs 20,000.
# One Maruti car (Rs 25,000), one Qualis (Rs 3 lakh), one Skoda (Rs 5 lakh).
# Jewels Rs 50,000. Wife Rs 6 lakh. Other valuables Rs 1.5 lakh.
# 5.1 acres of agricultural land valued at Rs 30 lakh.
# A 40 X 120 non-agricultural site valued at Rs 1.5 lakh.
# A site worth Rs 30 lakh in his wife’s name in Nelamangala.
# A shopping complex in Indiranagar, Bangalore, worth Rs 1.2 crore.
# A farm-house in Whitefield worth Rs 40 lakh.
# Loans worth Rs 16 lakh with Vijaya Bank and Veerashaiva Co-operative Bank.
Farm house in Whitefield – 40 Lakhs, Shopping complex in Indranagar – 1.2 crores .. WOW, thats cheap !! Who valuates the assets?
Why does the Lokaayuktha need the government’s permission to prosecute IAS, IPS, and IFS officers?