Join Hands to Build a Smarter India: Sign in | Join now
News

From Vegetable man to Crorepati: Kripashankar Singh

By SiliconIndia  |   Tuesday, 06 March 2012, 03:02 Hrs   |    16 Comments
Print Email


Bangalore: A slew of posh bungalows and flats, BMWs, bullets, details of unaccounted high-value transactions, large levels of tax evasion and huge amounts of unaccounted wealth – the IT sleuths could find a lot more from Former Mumbai Congress Chief vendor Kripashankar Singh, once a vegetable seller.



The senior congress leader is investigated in relation to an alleged 320 crore disproportionate assets case. According to a Public Interest Litigation (PIL) filed by Sanjay Tiwari, Kripashankar and his family has amassed wealth worth 320 crore, which also alleges that the Congress veteran received large sums from former Jharkhand chief minister Madhu Koda. The Bombay High Court on February 22 directed the Mumbai police chief Arup Patnaik to file an FIR against him and to attach properties belonging to him and his family. The police chief is to submit a status a detailed report to the court by April 19.



Kripashankar’s son Narendra Mohan, once a Jet Airways pilot, owns a duplex bungalow at Carter Road in Bandra, another duplex flat and an under-construction triplex flat in Bandra, a BMW car, assets worth 9 Crores and crores of ruppes as bank loans. However, it was revealed that he mostly worked as a ground staff in Jet and his earnings from the profession can never add up so much of wealth for him. According to some other reports, his account with Samata Sahakari Bank had a turnover of Rs 60 crore between 2007 and 2009. The raiding team also uncovered nearly 400 bullets and two licensed revolvers from his houses. The IT department has also found that Kripashankar's wife, Maltidevi with no known source of income, has earned at least 2.6 crore in four years.



Click next to know his transformation from a humble vegetable vendor to a millionaire.



Experts on SiliconIndia
Zafar  Ahmad
IT Project Manager
Infogain
Prakash  Kumar
Director IT
Delta Electronics In
Aakash  Mulchandani
Sr. Engg
Qualcomm
Siddharth  Sharma
Assistant Manager
Manipal
Guruprasad  Hegde
Founder and CEO
RealGuruu
Suresh  Avantsa
Founder
hubVirt Software
Chayan  Bhattacharjee
HR-Manager
TBG
Manoj Chandraprakash Powar
Managing Partner
Fountainhead
Sign Up for DailyDose and Read the Day's Highlights
Write your comment now
 
Reader's comments(16)
1: These politicians will never allow CEC to introduce the No Vote option as they know that once if it is introduced then the majoity of the votes will be No confidence votes. These politicians amass the wealth by robbing off the common man. It is the wealth of Middle Class people like me who religoisly pay the taxes.( Upper Class may be in hand in glove with them. ) remeember 2G scam (businessmagnates and politicains nexus)
Posted by:SSS - 11 Mar, 2012
2: Krupa hai Ki rupiya hai ghaas khilakar note kamayawwah
Posted by:SSS - 10 Mar, 2012
3: After KRIPAs there might be many in 2012 standing in Queues.All hidden treasures and unaccounted money should be exposed and added to national corpus.
Many people will be held responsible for destroying the faith of people and Image of our democratic norms. Let us all pray that India soon be clean of all corrupt people.
Yes there are many genuine and honest people in our society and admin who will bring justice.
Posted by:MAK - 07 Mar, 2012
4: No body should be surprised to know this sort of wealth amassed by Kripashankar Singh. It will be the case with all politicians because we are blessed with the most corrupt political system on the earth. Police or CBI or ED do not investigate assets of any politician unless forced by the High court or Supreme Court. I am surprised looking at all the political parties who spent Hundreds if not thousands of crores of rupees during Election compaign only on travel expenses on Helicopters/ aeroplanes. Can any political party disclose the source of the money spent on election.
Posted by:Virendra Gupta - 07 Mar, 2012
5: This is a country of Opportunities.
Posted by:Jaikishen Bhatia - 06 Mar, 2012
6: I think kripa ussed to be sabzee wala to sonia same as Pratibha was a kitchen maid to indira
Posted by:dsadsad - 06 Mar, 2012
7: It happen to only peoples representative
Posted by:Anoj Kumar - 06 Mar, 2012
8: Sabzi se noton ki gaddi tak - kripa meri jaan!! Ex sabziwala bhaiya kahan tak pahunch sakta hai, ye ajuba hai. Remember sonia and rahul gandhis family has/have got lacks or crores under their direct control and balance amount (unknown) in their knowledge /have access to culprits (f).. mostly congressmen baba rest is also there also come central babus and local officers from n no of departments accumulate cash kind land jewellery valuables and many kinds of (f) it is damn difficult to say what will happen of India as long as sharad pawar & kalmadis live!
Posted by:Indian - 06 Mar, 2012
9: we people do not need good leaders in Election and this is result.
what you can expect from illiterate people ruling our country after so many years of independence.
We have same people coming back and again.
I saw today's election result and If it is not Mayawati, it will be Mulayam and not Mulayam than Rahul(Congress) Etc Etc.

people need to start understand 'right not to vote', when candidate do not have enough good quality to be elected.
this will make election commission to set minimum qualification for election candidates.
Posted by:Indian - 06 Mar, 2012
10: My GRRR8 country BHARAT MATA is truly a land of Kripa Shankar and Honey! May we have more....honey please?
Posted by:dukhidesi - 06 Mar, 2012
11:
Why you need honey when you have money. Anybody in his place could have done it but should not have done at least for the people of the country.One should not be selfish, he should also donate it to the people of the country too na.......
giggle Replied to: dukhidesi - 10 Mar, 2012
12:
Amba Amba Gamba Lamba. My My what is this O Bapu going in this country that you gave to us.My God when we ourselves are idiots then we get the ULTA results that we expect ! We people should see the education and knowledge,Experience level of a person who is going to rule us. A blind person cannot guide anybody. So my dear friends of my country it is we who make and made the mistakes.Let us find intelligent, educated and knowledgeable people for the highest posts of India our LAND ..
salman khan Replied to: giggle - 10 Mar, 2012
13: Not interested in politics, want to introduce my high efficiency, inexpensive,multifuel, scalable turbine into India to provide a paradigm shift in renewable and efficient energy production. This turbine is an enabling technology for on-site discount priced on-site distributed energy generation, and transportation. Sannerwind@gmail.com
Posted by:Jar Rose - 06 Mar, 2012
14: Ishake pass itana hai to Soniya aur Rahul ke paas kitna hota !!
Posted by:Deepak - 06 Mar, 2012
15: Kudos to Sonia ji and Rahul gandhi ........these guys will lead us in times to come there may be many kripashankars...... its the real discovery of India, these properties should be consficated and all be prosecuted but with fool proof investigation so that the case could not be demolished in court of law
Posted by:Deepak Tyagi - 06 Mar, 2012
16:
why kudos to sonia. she has swiss bank a/c's and is also supporting conversion of hindus. what say u?
hindustani Replied to: Deepak Tyagi - 06 Mar, 2012
SiliconIndia About Us   |   Contact Us   |   Help   |   Community rules   |   Advertise with us   |   Sitemap   |  
News:       Technology   |   Enterprise   |   Gadgets   |   Startups   |   Finance   |   Business   |   Career   |   Magazine  |   Newsletter   |   News archive  
Cities:        CEO   |     Startup   |   Mobile   |   CIO   |   Women   |   BI   |   HR   |   SME   |   Cloud   |   Marketing   |   QA   |   Java   |   Web Developer  
Community:      Members   |   Blogs   |   Indian Entrepreneurs   |   Gyan   |   Advice   |   Community   |   Find   |   CXO Insights  
Job Board:      Jobs   |   Freshers   |   Companies   |   HR Speak   |   Forum  
Online Courses:   Web Developer   |   Java Developer   |   CCNA Training   |   SEO   |   SAS   |   SQL Server 2005   |   J2EE
Education:   MBA   |   MCA   |   Engineering   |   Training Institute
Life:          Real Estate   |   Travel   |   Finance   |   Gadgets   |   Movie Reviews   |    Jokes  
Send your feedback and help us continue to improve SiliconIndia
© 2014 InfoConnect Web Technologies India Pvt Ltd. all rights reserved