'Illiterate' Rakhi Sawant has assets worth Rs 15 crore

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Press Trust of India Mumbai
Last Updated : Apr 01 2014 | 8:56 PM IST
Bollywood starlet Rakhi Sawant who is contesting from Mumbai North West seat has declared herself an "illiterate" with total assets of Rs 14.69 crore.
Rakhi (36), who is taking on heavyweights like Gurudas Kamat of Congress and Gajanan Kirtikar of Shiv Sena from the constituency, has movable property worth Rs 3.57 crore and immovable assets worth Rs 11.12 crore.
The Rashtriya Aam Party candidate has cash of Rs 96,427 in hand, and Rs 39.13 lakh in fixed deposits.
The actress has invested Rs 61.26 lakh in bonds and shares and Rs 2.12 crore in insurance and postal savings.
She owns a Ford Endeavour worth Rs 21 lakh and jewellery worth Rs 7.55 lakh.
Her immovable property includes a residential flat and offices in suburban Mumbai. The flat was purchased at Rs 5,03,12,500 and its current market value is stated to be Rs 11,12,59,000.
Rakhi has declared liabilities of Rs 2.52 crore that includes Rs 72.5 lakh in income tax dues.
The declaration says Rakhi has a case pending against her under sections of cheating and breach of trust under IPC.
Rakhi has marked herself "illiterate" in the educational qualifications column in her nomination papers.
The actress, who launched Rashtriya Aam Party, had said she was entering politics "to wake up MPs from their deep sleep and to solve problems of people as they have deep trust in me".
All the six parliamentary constituencies of Mumbai, including Mumbai North West seat, will go to polls on April 24.
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First Published: Apr 01 2014 | 8:56 PM IST

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