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Thursday 19 December 2013

Only Five years he is Landlord!

asllamul haqAslamul Haq
He was just a person who had studied up to class-VIII with five acres of land in Dhaka five years ago. Now aged 52, he claims to have enrolled in a BBA programme and owns 145 acres in a country where land is so scares.
What changed the fortunes of Aslamul Haque but for the fact that he became a ruling party lawmaker from Dhaka-14 constituency in the 2008 election?
An alleged land grabber, Aslam did not mention in his wealth statement submitted to the Election Commission this month that he owns a couple of power plants.
He grossly undervalued his 14,567 decimals of land (above 145 acres) and claimed that he and his wife had net assets worth only Tk 4.94 crore after deducting their bank liabilities of Tk 4.70 crore.
As per his statement for the 2008 election, the net value of their assets was Tk 1.44 crore.
For this election, he valued his 14,178 decimals of land at Tk 95.11 lakh and the 389.54 decimals of land of his wife at Tk 97.89 lakh without mentioning where the pieces of land were. Interestingly, with the Tk 95.11 lakh, even 14 decimals of land cannot be bought in or around Dhaka city.
In 2008, he had shown that his five acres of land was on average priced at Tk 6,466 a decimal. A piece of land of about 1.15 acres in Amin Bazar, on the outskirts of the capital, was valued at just Tk 3.75 lakh.
This time, the lowest value of per decimal of land he mentioned was around Tk 670, which is insanely low and the price of land going down in Bangladesh is almost unheard of.
The couple owns two cars worth around Tk 1 crore, a flat valued at Tk 1.43 crore, shares worth just under Tk 1 crore, 83 tolas of gold, and cash Tk 2.71 crore, according to his statement submitted to the EC.
In 2008, he had claimed that he had 120 tolas of gold.
For this election, he showed the capital of his business (Mayesha Properties Development) was just Tk 7.25 lakh from which he claims to earn Tk 9.52 lakh yearly and his wife earned around Tk 6.15 lakh from an investment of around Tk 8.85 lakh.
In 2008, he claimed to have a yearly family income of just under Tk 5 lakh but this time he says it is Tk 35.70 lakh, including his salary as a lawmaker which is Tk 13.51 lakh a year.
He said he and his wife had 96,675 shares valued at Tk 100 each, an increase of 16,800 shares over 2008.
In the last statement before the EC, he mentioned Mayesha Properties Development as his business but the same statement says his establishment had expanded to real estate, chemical imports and consumer products and trading.