Puducherr

Puducherry Assembly elections | Rangasamy has immovable assets worth ₹38.13 cr

N. Rangasamy  

Former Puducherry Chief Minister and AINRC founder N. Rangasamy has immovable properties valued at an estimated ₹ 38.13 crore as per the affidavit submitted along with the nomination filed on Monday to contest the Assembly election on April 6. He also has movable assets worth ₹26.22 lakh.

In 2016, he possessed movable assets worth ₹14.30 lakh and immovable assets with an approximate market value of ₹29.38 crore.

Mr. Rangasamy, who will be seeking election from the Thattanchavady and Yanam constituencies this time, has declared ₹66,000 cash which is lesser than the ₹75,000 he declared while filing nominations in the 2016 Assembly election.

His declared liabilities now are to the tune of about ₹1.15 crore.

The AINRC supremo also owns two cars and two motorbikes. These, along with personal gold wear, constitute an estimated total value of ₹26 lakh.

  1. Comments will be moderated by The Hindu editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.

Printable version | Mar 16, 2021 4:58:20 PM | https://www.thehindu.com/news/cities/puducherry/rangasamy-has-immovable-assets-worth-3813-cr/article34078797.ece

Next Story