DMDK’s LK Sudhish reports over 330 pc rise in moveable assets

However, his total income dropped from Rs 22.89 lakh in 2014 to Rs 9.80 lakh in 2017- 2018.
DMDK’s LK Sudhish reports over 330 pc rise in moveable assets
DMDK’s LK Sudhish reports over 330 pc rise in moveable assets
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DMDK Deputy General Secretary LK Sudhish has reported a meteoric rise in the total value of his moveable assets. The party’s Lok Sabha candidate for the Kallakurichi constituency reported the total value of his family’s moveable assets as Rs 17.18 crore, up from Rs 3.93 crore in 2014, which is a 337% rise. The politician had filed his nomination from the Salem Lok Sabha constituency in 2014. While his personal share of the assets totals to Rs 6.81 crore, his wife Poornajyothi owns Rs 9 crore, his mother Amsaveni owns Rs 29 lakh, his daughter Jannushree owns Rs 71 lakh and his other daughter Keerthana owns Rs 36 lakh.

According to Sudhish’s 2019 affidavit, the total assets owned by him and his family amounts to Rs 60.17 crore, a 77% rise from 2014. Sudhish, who has also submitted the names of official Facebook, Twitter and Instagram accounts as per the Election Commission's norms for this year, has a number of businesses going by the name Ell Kay Yes. His investments include a wedding hall, a logistics company and a warehouse. Curiously, there is a drop in total income shown in the income tax return for 2017- 2018 and 2013- 2014. While total income was Rs 22.89 lakh in 2014, it dropped by 57% in 2017- 2018 to Rs 9.80 lakh.

In 2018, his wife purchased a BMW Model 520d luxury line car worth Rs 53.49 lakh. A year earlier, Sudhish bought an Innova tourist sport car for Rs 20 lakh. His daughter, meanwhile, owns a Mercedes Benz worth Rs 25 lakh, purchased in 2016. While Sudhish himself has car loans amounting to Rs 22.39 lakh, the grand total of his family liabilities is at Rs 8.91 crore.

The politician, who is the brother-in-law of DMDK founder and actor Vijayakant, has a number of cases against him, including one for inciting violence against journalists. In 2009, LK Sudhish polled over one lakh votes in Kallakurichi where he contested, which was 15.47% of the total number of votes in the constituency. He came third, after the AIADMK and PMK candidates. The DMDK is known to have a strong voter base in the constituency due to Vijayakant's popularity in the region.

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