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Punjab polls: Sukhbir Badal declares assets worth Rs 122.77 cr

Horses worth Rs 95.82 lakh, two weapons valued at Rs 3 lakh and immovable properties worth Rs 52.95 crore were part of the total assets of Rs 122.77 crore declared by Shiromani Akali Dal (SAD) chief Sukhbir Singh Badal in his affidavit.

The SAD president filed his nomination papers on Monday from Jalalabad assembly seat in Punjab’s Fazilka district for the February 20 polls.

Badal has declared his movable and immovable assets including those of his wife and former Union minister Harsimrat Kaur Badal worth Rs 51.21 crore and Rs 71.56 crore, respectively.

Sukhbir Badal, who is currently an MP from Ferozepur seat, owns horses worth Rs 95.82 lakh and two weapons worth Rs three lakh while his wife has one weapon worth Rs 1.25 lakh and paintings worth Rs 3.40 lakh, according to the affidavit.He does not have any car but he does have two tractors worth Rs 2.38 lakh in his name. While Sukhbir Badal has gold jewelery worth Rs 9 lakh, his wife has gold jewelery worth Rs 7.24 crore, according to the affidavit.

Among his immovable properties, the SAD chief owns agricultural, non-agricultural land and commercial properties in Muktsar, Sirsa (Haryana), Ganganagar (Rajasthan), Ludhiana and Jalandhar.He has a 2,225 square yards residential house in Chandigarh’s Sector-9 with a market value of Rs 23.72 crore.

According to his affidavit, Sukhbir Badal’s liabilities including bank loans etc are worth Rs 37.62 crore.Having done matriculation from Lawrence school in Sanawar in 1980 and MBA from California State University in USA in 1987, Sukhbir Badal has shown himself as an agriculturalist.

Senior Badal claims to have assets worth Rs 15.11 Cr

Five-time chief minister and SAD patriarch Parkash Singh Badal has assets worth Rs 15.11 crore, according to his poll affidavit.The 94-year-old leader filed his nomination papers from the Lambi constituency for the February 20 Punjab Assembly polls.He is the country’s oldest candidate to fight elections. According to his poll affidavit, Badal has a tractor worth Rs 3.89 lakh in his name. He has gold jewellery worth Rs 6 lakh and deposits worth Rs 1.39 crore in banks and other financial institutions.The former CM has shown agricultural and non-agricultural land in Muktsar, Sri Ganganagar in Rajasthan and Sirsa in Haryana. He has declared Rs 59.37 lakh worth residential house, with built up area of 14,757 square feet, at Muktsar’s Badal village.He declared moveable and immovable assets worth Rs 8.40 crore and Rs 6.71 crore, respectively.