Tamil Nadu polls: Movable assets of Panneerselvam, Dhinakaran go up

Tamil Nadu Deputy Chief Minister O Panneerselvam has declared total assets valued at Rs 61.19 lakh, up from the Rs 33.20 lakh in 2016

Topics
Tamil Nadu elections | TTV Dhinakaran | O Panneerselvam

Press Trust of India  |  Chennai 

bud-17-panneerselvam, panneerselvam
O Panneerselvam

Tamil Nadu Deputy Chief Minister has declared total assets valued at Rs 61.19 lakh, up from the Rs 33.20 lakh in 2016, according to his election affidavit submitted as part of the nomination for the April 6 Assembly polls in the state.

Panneerselvam, AIADMK Coordinator, is seeking a third term from Bodinayakkanur in Theni district.

All of the assets were movable and he had no immovable assets in his name, which was the case in 2016 as well, Panneerselvam said.

The assets included three four-wheelers and he declared his source of income as salary earned as deputy CM and from his wife's agricultural income.

His liabilities were Rs 65,55,411 he owed to his wife.

His wife's immovable assets were valued at Rs 4.57 crore while the immovable property was Rs 2.63 crore, he stated in his affidavit.

Similarly, the assets of Amma Makkal Munnetra Kazhagam (AMMK) leader also went up, from the Rs 16.73 lakh in 2017 to Rs 19.18 lakh in 2021.

The AMMK leader had fought and won the December 2017 Radhakrishnan Nagar bypoll here as an independent, upsetting the ruling AIADMK which had earlier expelled him along with his aunt and late chief minister J Jayalalithaa's confidante VK Sasikala.

Dhinakaran has shifted to Kovilpatti in Tuticorin district this time, taking on ruling AIADMK Minister and local strongman Kadmabur Raju.

According to Dhinakaran's poll affidavit, the value of his immovable assets remained at Rs 57.44 lakh which he had declared in 2017.

His dues included Rs 28 lakh to the central government on account of imposition of penalty under FERA and liabilities in dispute included Rs 34.46 crore from AY 1989-96 pending before the IT Appellate Tribunal here.

His liabilities were Rs 14.25 lakh.

The movable and immovable assets of his wife were Rs 7.66 crore and Rs 2.43 crore, respectively while her liabilities stood at Rs 5.82 crore, Dhinakaran stated in the affidavit.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Read our full coverage on Tamil Nadu elections
First Published: Tue, March 16 2021. 15:01 IST
RECOMMENDED FOR YOU