Chidambaram, his wife and family have declared assets worth Rs 95 cr
Senior Congress leader and former Union Minister P Chidambaram (70), his wife and family have total assets worth Rs 95 crore, according to the affidavit filed by him today to contest the Rajya Sabha election.india Updated: Jun 01, 2016 09:49 IST
Senior Congress leader and former Union Minister P Chidambaram (70), his wife and family have total assets worth Rs 95 crore, according to the affidavit filed by him today to contest the Rajya Sabha election.
Chidambaram filed his nomination papers for biennial elections to Rajya Sabha from Maharashtra.
According to his affidavit, filed in 22 pages before the Returning Officer, he and his family have movable properties worth Rs 54.30 crore while he and his family own immovable properties worth Rs 41.35 crore.
He showed a total income of Rs 8.58 crore for the year 2014-15 while his spouse (Nalini Chidambaram) showed income of Rs 1.25 crore for the same period during the filing of income tax return.
Chidambaram has movable properties of Rs 42.95 crore and immovable properties worth Rs. 4.25 crore. His wife Nalini Chidambaram is the owner of movable properties worth Rs 11.23 crore and immovable properties worth Rs 25.03 crore.
He has shown Rs 3.50 lakh cash in hand and his wife has cash in hand Rs 1.24 lakh. He has bank accounts in 13 branches of different banks spanning from Chennai to New Delhi to Karnataka while Nalini has six bank accounts in different places.
Under the details of movable assets, the affidiavit says Chidambaram posseses 32 gram gold (worth Rs 87,232) and 3.25 carat diamond worth Rs 97,500. His wife has 1.43 kg gold (worth Rs 39.17 lakh) and 52 kg silver worth Rs 20.46 lakh and 76.61 carat diamond of Rs 22.98 lakh.
He has one Honda and one Skoda car while his wife is having Toyota Innova car.
Under the details of immovable assets, Chidambaram’s affidavit says he has said that he bought 38.72 acres land in 1994 for Rs 25.16 lakh in Karnataka and thereafter developed it by investing another Rs 3.77 lakh into it and the current market value of this piece of property is Rs 1.93 crore, according to the affidavit.
His Hindu Undivided Family (HUF) movable properties are worth of Rs 11.86 lakhs while immovable properties are valued at Rs 12.07 crore, according to his affidavit in which Chidambaram has described himself as a senior Advocate in the Supreme Court and his wife as a senior Advocate in the Madras High Court.
He does not have Facebook account but is active on the Twitter.