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Business News/ Elections 2019 / Assembly Elections 2019/  Poll nomination: Stalin decalres 4.94 crore movable assets
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Poll nomination: Stalin decalres ₹4.94 crore movable assets

His immovable assets of land and residential buildings were valued at ₹2.24 crore
  • He declared his source of income from MLA salary, bank deposits and rent
  • M. K. Stalin, working president of DMK. Photo: PTIPremium
    M. K. Stalin, working president of DMK. Photo: PTI

    DMK President M K Stalin on Monday declared he had movable assets of a litte over 4.94 crore as part of his nomination papers filed for the April 6 Tamil Nadu Assembly elections. His immovable assets of land and residential buildings were valued at 2.24 crore.

    Stalin, leading the charge of an umbrella opposition bloc with an aim to unseat the ruling AIADMK that has been in power for a decade now, stated in his poll affidavit that his wife's movable assets stood at 30,52,854. The DMK chief had no vehicle in his name while his wife possessed 24.77 lakh worth old gold jewels, the affidavit said.

    He has 50,000 as cash in hand. He owed no dues to banks or government agencies and had no other liabilities, he said. He declared his source of income from MLA salary, bank deposits and rent. In his 2016 poll affidavit, Stalin had stated that his movable assets were 80.33 lakh and immovable assets worth 3.33 crore.

    Meanwhile, Stalin's son Udhayanidhi, fielded in the polls for the first time ever this year on behalf of the party, declared 21.13 crore movable assets, including a 2016 model four-wheeler with a 'procurement price' of 1.77 crore. He had immovable assets valued a 6.54 crore, the DMK Youth Wing chief stated in his poll affidavit submitted during the nomination for the Chepauk-Triplicane segment in the city.

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    Published: 15 Mar 2021, 11:39 PM IST
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