Kanimozhi has over ₹30 crore worth of assets

Kanimozhi, DMK - The Federal
Kanimozhi is one of the six Rajya Sabha MPs from Tamil Nadu whose exit has brought about the elections. Photo: PTI

DMK candidate Kanimozhi, contesting from the Tuticorin Lok Sabha constituency in the April 18 elections, has assets of over ₹30 crore. Kanimozhi is a Rajya Sabha member since 2007 and is testing her fortunes to the Lower House for the first time. She has been fielded from the southern constituency, where anti-Sterlite Industries protests on May 22 and 23 turned violent and 13 protesters were killed in police firing.

Kanimozhi, daughter of late DMK chief M Karunanidhi, declared in her poll affidavit that the value of her movable assets stood at ₹21.16 crore. She had two four-wheelers, including a BMW X5, valued at around ₹84.11 lakh.

The gross market value of her immovable assets was ₹8.92 crore. Her liabilities stood at Rs 1.92 crore. According to the affidavit, of the six cases against her, she had been acquitted in the 2G Spectrum allocation case in 2017.

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Her income, based on the IT returns for 2017-18, was ₹1,40,29,910, up from ₹1,24,11,320 in FY 2013-14.

Meanwhile, her party colleague and former Telecom Minister A Raja, declared movable and immovable assets valued at around ₹3.1 crore. Raja, who was also acquitted in the 2G Spectrum allocation case along with Kanimozhi, had total liabilities of ₹10.33 lakh.

Trying his luck from the Nilgiris reserved Lok Sabha constituency, Raja has said six criminal cases are pending against him, though he has not been convicted in any of them. His annual income showed an increase in the last five years, from ₹8.04 lakh in FY 2013-14 to ₹9.95 lakh in FY 17-18.

Raja lost to AIADMK’s R Gopalakrishnan from the same segment in the 2014 Parliamentary polls.

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