- Mahendra Prasad is all set to enter Rajya Sabha for seventh term
- Dr Prasad owns two pharmaceutical companies
- His affidavit says he doesn't own motor vehicle or insurance policies
In his election affidavit, Dr Prasad has disclosed movable assets worth Rs 4,010.21 crore besides immovable assets to the tune of 29.1 crore.
Dr Prasad, who owns two pharmaceutical companies - Mapra Laboratories Private Limited and Aristo Pharmaceuticals - has declared term deposits of nearly Rs 2,239 crore with the State Bank of India.
The billionaire doesn't own any motor vehicle or insurance policies, according to his affidavit, but holds gold jewellery worth over Rs 41 lakh.
Dr Prasad showed a total income of Rs 303.5 crore in his income tax return filed for the financial year 2016-17.
The most travelled Indian parliamentarian, Dr Prasad has visited 211 countries. His international visits include 53 trips to the United Kingdom and 10 to the United States. He has also visited 84 countries in a year, between 9 April 2002 and 8 April 2003.
The other candidates who were elected to the upper house for the six seats that fell vacant from Bihar are JD(U)'s state chief Bashistha Narayan Singh, union minister Ravi Shankar Prasad (BJP), Manoj Jha and Ashfaq Karim, both first timers from the RJD, and former union minister Akhilesh Prasad Singh from the Congress. This is for the first time since 2002 that a Congress candidate from Bihar has made it to the Rajya Sabha.
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