Siddaramaiah declares family assets worth ₹51 crore, liabilities worth more than ₹23 crore

Mr. Siddaramaiah’s family assets during the 2018 elections were worth ₹20.36 crore and the liabilities accounted for ₹4.86 crore

Updated - April 20, 2023 09:42 am IST

Published - April 19, 2023 10:00 pm IST - MYSURU

Former Chief Minister and Leader of Opposition Siddaramaiah visits Chamundeshwari temple before filing his nomination papers from Varuna seat in Mysuru district, ahead of the Karnataka Assembly elections, on April 19, 2023.

Former Chief Minister and Leader of Opposition Siddaramaiah visits Chamundeshwari temple before filing his nomination papers from Varuna seat in Mysuru district, ahead of the Karnataka Assembly elections, on April 19, 2023.

Former Chief Minister Siddaramaiah has shown family assets worth more than ₹51 crore and liabilities of more than ₹23 crore at the time of filing his nomination from Varuna Assembly segment on Wednesday.

According to the affidavit submitted along with the nomination papers, Mr. Siddaramaiah and his wife Parvathi together have movable assets worth around ₹20.84 crore while the movable assets shown under Hindu Undivided Family (HUF) are around ₹47.31 lakh.

The approximate market price of immovable assets of Mr. Siddaramaiah is around ₹9.43 crore while his wife’s immovable assets are worth around ₹19.56 crore under self-acquired assets and ₹1.29 crore under inherited assets.

While Mr. Siddaramaiah’s liabilities account for ₹6.84 crore, his wife’s liabilities are shown to be around ₹16.24 crore. The liabilities under the HUF are around ₹67.34 lakh.

It may be mentioned here that Mr. Siddaramaiah’s family assets during the 2018 elections were worth ₹20.36 crore and the liabilities accounted for ₹4.86 crore.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.