Dk Shivakumar

Karnataka Congress is preparing to hand over power to DK Shivakumar, who declared assets worth ₹1,413 crore — one of the richest politicians in India. Meanwhile, Tamil Nadu’s new Chief Minister Vijay declared ₹624 crore, with over ₹313 crore parked in bank accounts alone. From luxury watches and designer wear to massive real estate and business empires, both leaders represent a new trend in Indian politics — where displaying wealth no longer seems to be a political liability. Watch the striking contrast between DK Shivakumar and actor-turned-CM Vijay’s declared fortunes.

The Association of Democratic Reforms has released a report on the asset of Indian MLAs. The report analyzed 4001 sitting MLAs from 28 states and two Union Territories of India. Karnataka Deputy Chief Minister DK Shivakumar has topped the list as the richest MLA in the country with assets worth ₹1,413 crore, according to the ADR report.

The message of collective leadership comes amid ongoing political one-upmanship between Shivakumar and Siddaramaiah over their chief ministerial ambitions

Earlier in the day, Karnataka Medical Education Minister Dr Sudhakar K has been given the additional charge of Health Ministry, replacing B Sriramulu

Congress' DK Shivakumar tests positive for the novel coronavirusHe has been admitted to a private hospital in Bengaluru

The Delhi high court on 23 October granted bail to ShivakumarThe Congress leader is currently lodged in Delhi’s Tihar Jail

The court granted bail to the veteran leader on a personal bail bond of ₹25 lakh with two sureties of the like amountIt has further asked him to cooperate with the agency for investigation and not influence the witnesses

Shivakumar is one of the biggest troubleshooters for the party in KarnatakaIt is being probed by the Enforcement Directorate and other investigative agencies for charges including money laundering

Shivakumar on 26 September had moved the Delhi High Court for a bail, after the special court dismissed the Congress leader’s bail applicationThe special court had also remanded Shivakumar to judicial custody till 1 October

A special court had, last Wednesday, dismissed the Congress leader’s bail applicationThe Congress leader was arrested by the ED on 3 September after four days of interrogation