Nazrul Islam Babu and his wife wealth and property increased by 24.78 times in last five years.

Nazrul Islam Babu
The wealth and property of Awami League lawmaker Nazrul Islam Babu and his wife increased by 24.78 times in last five years.
According to a wealth statement submitted to the Election Commission before the ninth parliamentary election in 2008, value of their moveable and non-movable property was Tk 21.67 lakh. In the recent statement submitted to the EC, the AL leader showed they had property worth Tk 5.37 crore.
Their wealth and property include cash, bank deposit, share, bond, postal savings, savings certificates, motor vehicle, gold and other valuables, furniture, land, building, and apartment.
Babu owns huge non-agricultural land worth Tk 2.1 crore and house as well as apartment worth Tk 81 lakh.
Apart from these, he claimed he had a 33.13-decimal piece of land and his wife had 78 tolas of gold. However, prices of the gold ornaments and land were not mentioned in the affidavit.
In the last election, Nazrul, also former general secretary of Bangladesh Chhatra League, claimed he and his wife had an annual income of Tk 5.33 lakh. The latest statement says the couple’s annual income has shot up to Tk 98.8 lakh.
The sources of their income include agriculture, business, share, profession and fish farming. In the affidavit, Nazrul claimed himself as an importer and supplier, while his wife is a doctor.
Babu is set to be elected uncontested from the Narayanganj-2 constituency in the next parliamentary polls scheduled for January 5, 2014.