25April2018

Goa's Spirited Online Weekly Magazine.

Devil in Disguise - 2

December 30, 2013-January 5, 2014

Lionel Messias

In the earlier column (Devil in Disguise - 1/December 9-15, 2013) you read how Ramkrishna Dhavalikar, the Maharashtra Gomantak Party (MGP) Marcaim legislator’s 2007-declared assets of Rs. 3,00,80,303 rose to Rs. 5,58,50,317 in 2012, without him ever holding a paid job.  We had him in our cross hairs for his ranting: “Deport ‘Goans with Portuguese passports’ …. Seize their ‘land’ and ‘assets’ … Shut down the ‘Portuguese consulate’ in Goa”.  His words were well publicized on December 7, 2013.  But that’s how politicians are, they have no qualms about living off you tax money, all the while, accumulating their own pot of gold in the form of land and assets.  Most often, this perfidy goes on for decades as they get re-elected using their ill-gotten wealth to build their own personal vote banks, sometimes even communal vote banks as elder brother Ramkrishna Dhavalikar was attempting to create when he vented his anger.

His vote bank politics has helped him win consecutively from 1999!

Pandurang Dhavalikar’s asset accretion creates records

We take a look this time at his brother Pandurang Dhavalikar’s, asset accumulation.  The Priol MGP legislator has been at his game since 2007.  At the time of the 2012 election asset declaration, Pandurang Dhavalikar of MGP declared an asset increase of Rs. 11.98 crore (from 1.41 crore to 13.40 crore), an astonishing achievement considering other non-employed Goans had to resort to getting Portuguese passports for the sole purpose of getting employment in foreign countries. Which caused his brother’s unwarranted rant.

Their only indiscretion they committed in our opinion was actually a lack of discretion (from whatever point of view you want to look at it).  Pandurang’s predictable (some would say beyond belief) asset accumulation was a percentage increase of 848 per cent.

Prior to the 2007Assembly elections, Pandurang declared his assets to be Rs. 1,41,41,192.  Five years later in 2012 his assets soared to an astronomical Rs. 13,40,04,641.  He had liabilities of Rs. 8,18,50,483.  Interestingly, of his liabilities, Rs. 6,25,00,000 was borrowed from Kayji Real Estate PVt. Ltd., owned Agrawal Minerals Pvt. Ltd. The following is a list of land he bought at great cost and with the alacrity of a shopaholic.

Action Replay

Agricultural land:

Land measuring 11.90 acres at Bethora, Ponda, bought on August 20, 2008 for Rs. 25,00,000.  He spent Rs. 6,30,000 to develop it.  Total cost Rs. 31,30,000.   
Land measuring 5.95 acres at Bethora, Ponda, he purchased on September 26, 2008 for Rs. 16,00,000.  He spent Rs. 6,00,000 to develop it.  Total cost: Rs. 22,00,000.   
Three acres in Bethora, Ponda, bought on September 26, 2009 for Rs. 14,87,875.00.  He spent Rs. 5,20,000 to develop it.  Total cost: Rs. Rs 20,07,875.
Land measuring 5.95 acres at Bethora, Ponda, purchased on October 1, 2009 for Rs. 30,00,000.  He spent Rs. 6,50,000 to develop it.  Total cost: Rs. 36,50,000.
Land measuring 23.81 acres at Bethora, Ponda, bought on November 5, 2009 for Rs. 1,50,00,000.  He spent Rs. 13,53,211 to develop it.  Total cost Rs. 1,63,53,211.
Land measuring 5.96 acres at Bethora, Ponda, purchased on November 5, 2009 for Rs. 38,00,000.  He spent Rs. 7,40,000 to develop it.  Total cost Rs. 45,40,000.
Land measuring 5.95 acres at Bethora, Ponda, he purchased on May 7, 2010 for Rs 29,75,782.  He spent Rs. 7,10,000 to develop it.  Total cost: Rs. 36,85,782.
Three acres in Bethora, Ponda, he purchased on September 1, 2010 for Rs. 20,00,000.  He spent Rs. 6,50,000  to develop it.  Total cost: Rs. 26,50,000.   
Three acres in Bethora, Ponda, bought on September 18, 2010 for Rs. 14,87,875.  He spent Rs. 4,80,000 to develop it.  Total cost: Rs. 19,67,875.
Three acres at Bethora, Ponda, he purchased on September 18, 2010 for Rs. 14,87,875.  He spent Rs. 5,00,000 in developing it making it a total of Rs. 19,87,875.
Land measuring 98.27 acres at Dharbandora, Sanguem, he purchased on November 25, 2010 for Rs.  5,50,00,000.  He spent a further Rs. 5,50,00,000 to develop it.  Total cost: Rs. 11,00,00,000.
Cost of purchasing land: Rs. 9,03,39,407.
Cost of developing land: Rs. 6,18,33,211.
Grand Total: Rs. 15,21,72,618.
(Note: The cost of purchasing land figure of Rs. 9,03,39,407 does not include the cost of buying the few commercial buildings (shops/warehouses) he declared because they are negligible.)

(Concluded)

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