Spouse of TNCC chief has assets worth Rs 4.5 crore | india | Hindustan Times
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Spouse of TNCC chief has assets worth Rs 4.5 crore

india Updated: Mar 25, 2011 17:40 IST

Jayanthy, wife of TNCC president K V Thangkabalu and party candidate for Mylapore constituency for April 13 assembly polls owns movable and immovable assets worth Rs 4.5 crore.

The 46 year-old postgraduate in Tamil literature also has loans and liabilities to the tune of Rs 1.67 crore, according to the affidavit submitted alongwith her nomination papers. Jayanthy's annual income according to the latest Income-Tax returns was Rs 40.25 lakh while that of her husband was Rs 45.39 lakh.

She owns immovable assets including housing plot and land worth Rs 1.71 crore valued according to the current market price. She owns two cars valued at a little over Rs 15 lakh and has jewellery worth Rs 17.96 lakh, the affidavit said. A virtually new face to electoral politics, Jayanthy's candidature to Mylapore in Chennai had come under fire from different sections of the state unit of Congress.

Different factions have been protesting against her nomination. A group of Mahila Congress workers tried to gate-crash her house today which was thwarted by police.