Geetha Shivarajkumar declares assets worth Rs. 6.17 crore

Her husband, actor Shivarajkumar, has total assets worth Rs. 11.5 crore

March 25, 2014 02:31 pm | Updated November 16, 2021 06:22 pm IST - Shimoga:

The total worth of movable and immovable assets in the possession of Geetha Shivarajkumar, JD(S) candidate from Shimoga, is Rs. 6,17,17,798.

In the affidavit filed with the nomination, she declared that the total worth of movable assets owned by her to be worth Rs. 75,67,798, which includes Rs. 20 lakh cash in hand; Rs. 6,29,451 deposited in various banks; diamonds worth Rs. 32,45,170; gold Rs 13,53,177; and silver worth Rs. 3.4 lakh.

The total worth of the immovable assets in her possession stands at Rs. 5,41,50,000, including a commercial building in Bangalore worth Rs. 3.5 crore. She has borrowed an amount of Rs. 83,77,502 as loan from her husband and Rs. 23,41,000 from Sri Muthu Cine Service company.

In the affidavit, she declared that her husband and actor Shivarajkumar, possessed assets worth Rs. 11,50,03,876. The movable assets in his possession are valued at Rs. 5,17,53,876, which includes Rs. 35 lakh cash in hand; Rs. 1,51,76,374 deposited in various banks; four cars worth Rs. 98 lakh; Rs. 13 lakh invested in insurance bonds; and Rs. 1.36 crore extended as loan to Sri Muthu Cine Service.

The total worth of immovable assets in his possession is Rs. 6,32,50,000 that includes two sites worth Rs. 4.5 crore and a house in Bangalore worth Rs. 2,16,50,000. He has borrowed an amount of Rs. 2.72 crore as home loan and Rs. 7.94 lakh vehicle loan.

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