Rich enough to buy Satyam

Total worth of two BSP candidates from Delhi is around Rs 750 crore; amount can fund infrastructure projects

Rich enough to buy Satyam

Total worth of two BSP candidates from Delhi is around Rs 750 crore; amount can fund infrastructure projects

They may not stand a chance of winning in Delhi but if the two Bahujan Samaj Party (BSP) candidates from the Capital merged their assets, they could have qualified to bid for the ailing IT giant Satyam.

The two BSP nominees Kanwar Singh Tanwar and Deepak Bhardwaj have declared assets worth Rs 150 crore and Rs 620 crore respectively. The amount totals to Rs 750 crore, the base bid price for Satyam Computers as fixed byu00a0 the Securities and Exchange Board of India (SEBI).

A little mathematics reveals that apart from the Satyam bid, the total assets of the two candidates can fund many infrastructure projects (see What the two leaders can fund) like the Delhi-Dwarka flyover or the 27.7-km-long Delhi-Gurgaon highway.

Tanwar, who is the BSP candidate from South Delhi, was proud of his Rs 155.27-crore gold pot. "I am not like other candidates who own property worth millions and mention only in thousands. I have paid income tax to the government for the assets I own. I do not need to hide the details," said Tanwar.

The other BSP leader, Deepak Bhardwaj trying his luck from West Delhi constituency, declared assets more than Rs 620 crore while filing his nomination papers. "I can assure my voters a fair leadership as I have everything and will not steal their money," said Bhardwaj, who is the richest candidate in the country.

Tanwar runs a flourishing medicine business and is into real estate. Bhardwaj owns agricultural land
and has many hotels to his family's name.

What the two leaders can fund
Delhi-Dwarka flyover project Rs 100 cr
Andrews Ganj-Khel Gaon Marg flyover project Rs 45 cr
The Delhi-Badarpur signal-free flyover project Rs 340 cr
Naraina flyover project Rs 120 cr
The 27.7-km-long Delhi-Gurgaon highway project, including nine flyovers, Rs 550 cr