Nur-e-Alam ChowdhuryAwami League lawmaker Nur-e-Alam Chowdhury Liton and his wife have increased their property by 66.49 times in last five years of grand alliance rule.
According to an affidavit submitted before the ninth parliamentary election in 2008, the value of their moveable and immovable property was Tk 62.63 lakh. However, the amount has shot up to Tk 41.64 crore in last five years, according to a wealth statement recently submitted to the Election Commission.
Their wealth and property include cash, bank deposit, investment in Modhumoti Bank, business, BSP and FDR, motor vehicle, ornaments, electronics, furniture, shrimp enclosure, land and buildings.
The AL leader has invested Tk 20 crore in Modhumoti Bank, while the couple have invested another Tk 13.19 crore in shrimp enclosure.
In the last election, Liton, whip of parliament and nephew of Prime Minister Sheikh Hasina, claimed his annual income was Tk 4.48 lakh from business.
However, the income of Liton and his wife has increased to Tk 14.67 crore in 2013. Their income sources include agriculture, shrimp enclosure, business, bank interest, allowance from parliament as whip and honorarium from business organisations as director.
Liton is set to be elected uncontested in the next parliamentary polls from the Madaripur-1 constituency. He could not be reached over phone as his cellphone was found to be switched off.
