Mukhi’s gold is really very old | india | Hindustan Times
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Mukhi’s gold is really very old

The declaration of assets by the BJP’s West Delhi candidate threw up an outrageous surprise on Friday. In the affidavit he filed, Mukhi quoted the value of his and his wife’s jewellery at Rs 175 per 10 grams. If gold were that cheap, no one would be rich.

india Updated: Apr 18, 2009 00:23 IST

Time changes everything. Except the price of Professor Jagdish Mukhi’s gold.

The declaration of assets by the BJP’s West Delhi candidate threw up an outrageous surprise on Friday. In the affidavit he filed, Mukhi quoted the value of his and his wife’s jewellery at Rs 175 per 10 grams. If gold were that cheap, no one would be rich.

In 1970s the rate of gold was Rs 175 . Today, it’s almost a 100 times over — over Rs 14,000 per 10 grams. So, around 1,100 grams of Mukhi’s gold jewellery is worth just Rs 21,000.

That’s not all, Mukhi has also claimed that his DDA MIG flat in Janakpuri’s C-4 C block (a decent 2-bedroom apartment) is worth Rs 21,500 — the original purchasing price three decades ago. You can’t even buy a decent air-conditioner for that kind of money now, let alone a house.

Mukhi could not be contacted. But his son Atul Mukhi was available with a shining explanation. Since the family does not intend to sell either the gold jewellery or the flat, they have not valued them in current prices.

“It is an absolutely legal and fair way of assets valuation. We choose not to learn the selling price of assets that we do not want to sell,” he told Hindustan Times.

The wealth of Congress candidate from New Delhi, Ajay Maken (45), however, has gone up by nearly a crore in the last five years and stands at Rs 3.85 crore.

According to his affidavit, he owned 520 grams of jewellery in 2004 and has only 110 grams left now. Maken has also replaced his Indigo LX with a Maruti Swift.

While Maken’s residence was abuzz with noisy supporters who were bursting firecrackers and dancing to drumbeats, he decided against taking out a procession to the DC’s office to file his nomination.

“People face inconvenience due to processions. So I was only accompanied by the Congress MLAs from my area,” Maken said.

Chief Minister Sheila Dikshit, an MLA from his constituency, accompanied Maken to the DC’s office.

Friday was also the day when BJP candidate from Chandni Chowk Vijender Gupta filed his nomination. Flanked by supporters and senior party leaders, Gupta traveled by Metro to reach the office of DC North. Gupta has declared assets worth a little over Rs 6 crore.