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Tuesday, April 26, 2016

2016 Tamil Nadu Assembly Elections - DMK President M Karunanidhi Declares Assets Worth Rs 13.42 Crore Monday April 25,2016

DMK President M Karunanidhi has declared assets of Rs 13.42 crore in his affidavit filed along with his nomination papers for the Tiruvarur assembly segment on Monday April 25,2016

As per the affidavit, these assets come under movable category as he has declared that he does not have any immovable property or agricultural land. His wives have Rs 45.34 crore worth of movable assets.

92-year-old Karunanidhi, who is contesting from Tiruvarur for the second time, has declared a total income of Rs 1.21 crore for 2014-15 and has Rs 50,000 as cash in hand. He has bank deposits to the tune of Rs 12.73 crore and shares at Anjugam Printers valued at Rs 10.22 lakh.

Karunanidhi's first wife Dayalu Ammal has bank deposits of Rs 99.67 crore and holds 60 lakh shares in Kalaignar Television Ltd valued at Rs six crore.

She also has old jewellery of 716.34 grams valued at Rs 15.65 lakh.

Karunanidhi's second wife Rajathi Ammal has bank deposits of Rs 22.88 lakh and holds 25 lakh shares in Westgate Logistics valued at Rs 2.50 crore. She holds jewellery of 640 grams valued at Rs 13.98 lakh.

While Karunanidhi does not own any agricultural land or a house or a car, Dayalu Ammal has 2,520 square feet of residential property at Tiruvarur and Rajathi Ammal a 9,494 sq ft house at CIT Colony, Chennai.

Rajathi Ammal has unsecured loan of Rs 1.17 crore to be repaid to her daughter and MP Kanimozhi. Rajathi Ammal has got loans from banks and other financial institutions for Rs 11.94 crore.

Note

During 2011 assembly polls, Karunanidhi and his wives had declared movable assets of Rs 41.13 crore.

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