Puducherry Assembly elections | Rangasamy has immovable assets worth ₹38.13 cr

N. Rangasamy  

Former Puducherry Chief Minister and AINRC founder N. Rangasamy has immovable properties valued at an estimated ₹ 38.13 crore as per the affidavit submitted along with the nomination filed on Monday to contest the Assembly election on April 6. He also has movable assets worth ₹26.22 lakh.

In 2016, he possessed movable assets worth ₹14.30 lakh and immovable assets with an approximate market value of ₹29.38 crore.

Mr. Rangasamy, who will be seeking election from the Thattanchavady and Yanam constituencies this time, has declared ₹66,000 cash which is lesser than the ₹75,000 he declared while filing nominations in the 2016 Assembly election.

His declared liabilities now are to the tune of about ₹1.15 crore.

The AINRC supremo also owns two cars and two motorbikes. These, along with personal gold wear, constitute an estimated total value of ₹26 lakh.

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Printable version | Jun 22, 2021 8:38:50 PM | https://www.thehindu.com/news/cities/puducherry/rangasamy-has-immovable-assets-worth-3813-cr/article34078797.ece

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