Karnataka CM Siddaramaiah files nomination, declares assets worth Rs 11 crore

In the intervening years of 2013 and 2018, his assets as well as his wife’s have more than doubled.
Karnataka CM Siddaramaiah files nomination, declares assets worth Rs 11 crore
Karnataka CM Siddaramaiah files nomination, declares assets worth Rs 11 crore
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Karnataka Chief Minister Siddaramaiah on Friday filed his affidavit from Chamundeshwari constituency in Mysuru. Unlike several of his super rich colleagues in the Congress party who own assets worth hundreds of crores each, Siddaramaiah has declared that his total assets amount to Rs 11.2 crore only.

He has declared that his wife Parvathi owns assets worth Rs 7.6 crore and that his Hindu Undivided Family jointly owns assets worth Rs 1.6 crore.

In 2013, when Siddaramaiah had filed his affidavit from Varuna, he had declared assets worth Rs 5.16 crore – around half of what he has declared now. His wife, he had declared owned assets worth Rs 2.75 crore. In the intervening years of 2013 and 2018, his assets as well as his wife’s have more than doubled.

Siddaramaiah also declared that he has no cases pending against him in any court of law. Totally, the number of complaints filed against CM Siddaramaiah with the Lokayukta is 44. However, the complaints are at various stages of inquiry and the Anti-Corruption Bureau has not registered any FIRs against the CM.

Here are details of his affidavit:

Total Assets

Self: Rs 11.2 crore

Wife: Rs 7.6 crore

HUF: Rs 1.6 crore

Annual Income 2016-17

Self: Rs 36,79,830

Wife Parvathi: 1,92,980

Movable Assets

Cash in hand

Self: Rs 2,00,000

Wife: 15,000

Hindu Undivided Family (HUF): Rs 5,00,000

Bank Accounts

Self: Rs 43.7 lakh

Wife: Rs 5.9 lakh

HUF: Rs 1.02 lakh

Fixed Deposit

Wife: Rs 12.4 lakh

Investments

HUF: Rs 20,000

LIC Policy

Wife 3 policies: Rs 4.02 lakh

Loans given

Self: Rs 2.26 crore to his wife

To son Dr Yathindra Rs 78 lakh and also two other loans to I Fitness Rs 8.1 lakh and Rs 6.15 lakh to LabIndia Instruments Pvt Ltd

Vehicles

Self: 1 car Toyota Innova: Rs 13.4 lakh

Jewellery

Self: Rs 11.4 lakh

Wife: Rs 18.2 lakh

HUF: Rs 20.4 lakh

Household articles

Self: Rs 1.5 lakh

HUF: Rs 2.25 lakh

Amount due on sale from Agricultural proceed suppliers: Rs 11.23 lakh

Total movable assets

Self: Rs 3.9 crore

Wife: Rs 40.8 lakh

HUF: Rs 40.2 lakh

Immovable Property

Self: Rs 7.3 crore

Wife: Rs 6.9 self-acquired and Rs 25 lakh inherited = Rs 7.2 crore

HUF: Rs 70 lakh self-acquired and Rs 45 lakh inherited = Rs 1.15 crore

Of this,

Agricultural land

Self: Owns 1 land worth Rs 10 lakh

Wife: 1 land worth Rs 25 lakh

HUF: 3 lands worth Rs 90 lakh

Non-agricultural land

Wife: Rs 3.5 crore

Commercial buildings

Self: Rs 5 crore

Residential building

1 house jointly owned with wife worth Rs 4.4 crore

Wife: 1 flat worth Rs 1.25 crore

HUF: owns ancestral property worth Rs 35 lakh

Liabilities

Self: Rs 2.6 crore

Wife: Rs 2.3 crore

Profession

Self: Politician

Spouse: Housewife

Educational qualification: LLB

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