All these information was revealed after the four submitted their affidavits, containing financial records, information on income and details of their moveable and immovable assets, to the Election Commission last Tuesday
Of the four front runners in the mayoral elections to Dhaka North City Corporation (DNCC) and Dhaka South City Corporation (DSCC), Awami League's candidate in the south Sheikh Fazle Noor Taposh is financially far more solvent than the three others.
But when it comes to highest amount of bank loan, the name of ruling party’s candidate in the north Atiqul Islam tops the list with Tk591 crore. He runs 16 organizations, but apparently does not own a car.
On the other hand, BNP’s candidate in the south Ishraque Hossain’s yearly income is the lowest among the four.
And, BNP’s mayor runner in the north Tabith Awal amassed a good fortune over the past five years, growing his business entities from 17 to 37.
Taposh is a lawyer by profession and the other three are businessmen.
All these information was revealed after the four submitted their affidavits, containing financial records, information on income and details of their moveable and immovable assets, to the Election Commission last Tuesday, along with their nomination papers.
These four are among 13 mayoral aspirants whose candidatures were cleared by the commission Thursday.
The elections to the DNCC and DSCC will be held on January 30.
Sheikh Fazle noor Taposh completed his education in law from the UK between 1996 and 1997. He is currently a lawyer in the Supreme Court of Bangladesh.
Taposh is the youngest son of Awami Jubo League founder late Sheikh Fazlul Hoque Moni. His elder brother Sheikh Fazle Shams Parash is the chairman of Jubo League.
According to Taposh’s affidavit, he has an annual income of Tk9.81 crore, which is the highest among the four mayor candidates fielded by Awami League and BNP.
His overall income, however, has slightly decreased over the past one year. According to the affidavit he submitted before the 11th general election in 2018, Taposh's annual income was Tk10.04 crore.
Taposh owns three cars worth Tk1.66 crore and his wife owns one worth Tk1.63 crore. The mayor candidate, however, did not mention the brands or models of the cars in the affidavit.
He also possesses Tk26.03 crore in cash.
Within last one year Taposh's movable wealth increased by Tk4 crore as his last submitted affidavit of 2018 national election has 104.71 crore movable wealth.
He was accused in two cases, but they were later dismissed.
Ishraque earns less
Ishraque Hossain is the son of late Sadeque Hossain Khoka, who was a senior BNP leader and mayor of the undivided Dhaka City Corporation.
He completed his bachelors and masters in mechanical engineering in the UK, and currently serves as the director of Sadeque Finance Management Limited, Buriganga Equity Management Limited, Buriganga Industries Limited and Diganta Prokaushali limited.
According to his affidavit, Ishraque’s annual income is Tk91.58 lakh, which comes from house rent, salaries, businesses and investment in the stock market.
His income has jumped by Tk45.85 lakh in just one year. According to the affidavit he submitted before the 2018 national polls, his income at that time was Tk45.73 lakh.
Ishraque has moveable and immovable assets worth Tk5.76 crore, and apparently possesses Tk33,109 in cash.
He owes different banks Tk65.46 lakh in loans. He is also facing a corruption case.
Atiqul owes highest loans
Atiqul Islam, who recently resigned as the DNCC mayor to contest the upcoming election for a second time with Awami League’s ticket, owns 16 organizations, but no car, shows his affidavit.
BCom graduate Atiqul's business organizations owe Tk591 crore to different banks; while he possesses only Tk8.75 lakh in cash.
His current annual income is Tk1.29 crore, a Tk20 lakh increase from last year’s income.
He has movable assets worth Tk4.87 crore, nearly the same as last year according to the affidavit he submitted before the 2018 DNCC bi-polls, and immovable assets worth Tk6.99 crore.
His wife has Tk2.99 crore as movable assets and 30 tolas of gold. It was Tk2.76 crore and same amount of gold in 2018.
Tabith’s businesses see growth
Tabith Awal, son of businessman and senior BNP leader Abdul Awal Mintoo, has a Lexus car worth Tk7.60 lakh.
In the past five years, Tabith's wealth, assets, business entities and bank loan have increased, according to his affidavit.
In 2015, when he contested the DNCC mayoral polls first time, he had 17 business organizations, and the number is now 37.
That time his annual income was Tk4.13 crore, and within five years, his annual income has increased by Tk2.52 crore.
Tabith possesses Tk1.49 lakh in cash. He also has movable assets worth Tk45.60 crore and his wife Tk4.61 crore.
In the past five years, Tabith's movable assets have increased by or to Tk14.50 crore.
However, at the same time, the amount of his loan also went up. His business entities owe Tk302.45 crore to various banks. Five years ago, he owed Tk174.43 crore to banks in loans.