Exploring Asaduddin Owaisi’s Assets and Financial Standing
As the 2024 Lok Sabha elections loom, one of the most discussed constituencies is Hyderabad, often referred to as a hot seat. This seat has been dominated by All India Majlis-e-Ittehadul Muslimeen (AIMIM) chief Asaduddin Owaisi for four consecutive terms, but this time around, he faces stiff competition from Bharatiya Janata Party (BJP) candidate Madhavi Latha. Hyderabad is considered a stronghold of AIMIM.
Owaisi’s Educational Background and Career
There is a curiosity among the public regarding Asaduddin Owaisi’s possessions and financial status. Additionally, people wonder about his educational qualifications. According to Asaduddin Owaisi, the four-time MP from Hyderabad and AIMIM chief, he holds a degree in Bar-at-Law from Lincoln’s Inn in London. His income primarily stems from his salary as a Lok Sabha member, while his wife is a homemaker.
Assessing Asaduddin Owaisi’s Wealth
How much wealth does Asaduddin Owaisi possess? He owns movable assets worth ₹2.80 crore (cash, gold, insurance, etc.), whereas his wife owns movable assets worth ₹15.71 lakh. Furthermore, he holds immovable assets worth ₹16.01 crore (land-commercial and agricultural), with his wife being a shareholder worth ₹4.90 crore. Additionally, there is another residential property in Misri Gunj under the name of Hyderabad’s MP. Asaduddin Owaisi has three children, two daughters, and a son.
Legal Cases Against Asaduddin Owaisi
There are also legal matters against him. He and his wife are burdened with a debt of ₹7 crore, including a loan of ₹3.85 crore for home construction. Owaisi also possesses two firearms, including an NP Bore .22 pistol and an NP Bore 30-60 rifle. Furthermore, there are five pending cases against Asaduddin Owaisi. These cases are pending in the lower courts of Uttar Pradesh, Telangana, Bihar, and Maharashtra.
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