Oram's immovable assets tripled in last five years

Senior BJP leader and Union Tribal Affairs Minister Jual Orams immovable assets has tripled in the last five years while that of his wife has jumped four fold during the same period.

Oram's annual income, which stood at Rs 8.68 lakh in 2014-15, has grown up to Rs 13.23 lakh in 2018-19, as per the affidavit submitted by him while filing nomination for Sundargarh Lok Sabha seat on Tuesday.

Similarly, the annual income of the tribal BJP leader's wife Jhingia Oram has swollen from Rs 4.47 lakh in 2014-15 to Rs 7.60 lakh in 2018-19, the affidavit said.

Oram has around Rs 80,530 cash in hand, while his wife has Rs 50,650 cash in hand.

The value of Orams immovable assets which stood at around Rs 90 lakh in 2014 has now risen to Rs 2.74 crore. Similarly, the worth of immovable assets of his wife Jhingia has swollen from around Rs 50 lakh to Rs 2.03 crore during the period.

While the market value of the existing assets had grown, the Union minister and his wife have acquired three new housing properties - two in Bhubaneswar and one in New Delhi.

Oram and his spouse purchased two flats in Lumbini Enclave area in Bhubaneswar in September last year at a price of Rs 61.42 lakh each.

Oram also bought a flat in July last year in Narela area of New Delhi for around Rs 55.80 lakh. Both had availed bank loans for purchasing these properties.

The total value of movable assets possessed by Oram is of the order of Rs 1,22,19,496, while that in in the name of his wife stands at Rs 43,44,834.

The gold and silver jewelleries possessed by the tribal BJP leader are valued at Rs 9,33,000 and the worth of jewelleries of his wife is around Rs 12,30,000.

The Union Minister has a jeep of 1991 make, a scooter of 1986 model and two cars of 2007 and 2018 make. His vehicles are valued at around Rs 16.80 lakh.

Liabilities of Oram in the form of loans from banks, financial institutions and other sources stand at around Rs 90.42 lakh, while similar liabilities of his wife are to the tune of Rs 36.40 lakh.

Oram is contesting from Sundargarh Lok Sabha (ST) constituency from where he had won in 2014 elections. Polling for the seat is scheduled to be held in the second phase on April 18.