Sajad Lone mentions dispute with Minerals and Metals Trading Corporation in poll affidavit
Srinagar, May 2 (PTI) Separatist-turned-mainstream politician and People’s Conference chairman Sajad Gani Lone has disclosed assets worth around Rs 12 crore and also mentioned a dispute spanning 30 years with the Minerals and Metals Trading Corporation in his election affidavit.
Sajad Lone, who joined mainstream politics and revived his father Abdul Gani Lone’s People’s Conference, has liability to the tune of Rs 6.9 crore, showed the affidavit, filed by the 57-year-old as part of his nomination papers to contest the Lok Sabha polls from Jammu and Kashmir’s Baramulla constituency on May 20.
He is contesting against National Conference vice president Omar Abdullah.
The movable assets of Sajad Lone’s wife Asma Khan, the daughter of terrorist outfit Jammu and Kashmir Liberation Front’s founder Amanullah Khan, are worth Rs 54.80 lakh, according to the affidavit.
The wealth of his sons M Emmad Lone and M Adnan Lone, who are his partners in a commercial venture in Srinagar, is also in crores of rupees, the document showed.
Sajad Lone, a former minister in the previous PDP-led government, has also listed in the affidavit the disputed amount under arbitration with the Minerals and Metals Trading Corporation (MMTC), which dates back to his participation in the “Gold for Gold” scheme in the early 1990s.
KV Network
