Goa's all sitting MLAs are millionaires, Michael Lobo the richest, says ADR report

All sitting MLAs in the Goa assembly has assets in Crore, while the poorest among them have assets Rs Rs 1,21,85,811, according to a joint report published by the Goa Election Watch report and Association for Democratic Reforms (ADR) on Tuesday.

In the Party wise analysis, all 27 MLAs from BJP, 5 MLAs from Congress, 3 Goa forward party, 1 from NCP and MGP and 3 independent MLAs have declared assets valued more than Rs 1 crore, said the ADR report.

The report states that the average of assets per sitting MLA is Rs 11.75 crore in Goa. According to data, the average assets per MLA for 27 BJP MLAs analysed is Rs 11.97 crore, for 5 Congress MLAs it is Rs 17.02 crore, for 3 Goa Forward Party MLAs it is Rs 8.55 crore, for 1 NCP MLA it is Rs 13.06 crore, for 1 Maharashtrawadi Gomantak MLA it is Rs 10.58 crore and for 3 Independent MLAs have average assets of Rs 4.14 crore.

Calangute MLA Michael Lobo has the highest assets to the tune of Rs 54 crore which includes Rs 17,30,51,558 as movable property and Rs 37,29,30,000 as immovable property while Priol MLA Govind Shepu Gaude has the lowest assets to the tune of Rs 1 crore.

Poriem MLA from Congress Pratapsingh R. Rane has second-highest assets to the tune of Rs 50 crore that including Rs 5,14,15,805 as movable property and Rs 44,86,00,858 as immovable property.

Cumbarjua's BJP MLA Pandurang Madkaikar has the third-highest assets. He has declared property worth over Rs 32 crore that includes Rs 21,50,98,069 as movable property and Rs 10,67,56,780 as immovable property.

As per the ADR report, a total of 16 MLAs have declared liabilities of Rs 1 crore and above in their affidavits. Out of total of 16 MLAs, BJP MLA from Valpoi Vishwajit Pratapsingh Rane has the highest liabilities of over Rs 11 crore. He is followed by Atanasio Monserrate, Panaji BJP MLA, who has over Rs 10 crore of liabilities.