Thursday, June 28, 2007

First Prez had bank balance of Rs 1,432

PATNA: While the present day politicians declare assets worth crores, the balance amount of a savings account held by the country's first president Rajendra Prasad was a meagre Rs 1,432.

The account in the Exhibition Road branch of the Punjab National Bank has not been closed by the authorities even after four decades of Prasad's death as a mark of respect to the Bharat Ratna awardee.

No one has come forward till date to withdraw the amount. His descendants have already migrated out of Bihar. Bank officials said that the account was an asset and a matter of pride for the bank.

They said that the balance signifies his (Prasad's) honesty and integrity in public life. Other prominent leaders like Jay Prakash Narayan and Maulana Mazharul Haque also had accounts in Punjab National Bank branches, the officials said.

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