Kalaignar Karunanidhi 26 Cr assets in 2006, now it comes down to 6 Cr?

Kalaignar Karunanidhi 26 Cr assets in 2006, now it comes down to 6 Cr?


Tamil Nadu chief minister and DMK president M Karunanidhi on 1-12-2010 in a statement, he claimed his total assets amounted to only 6.01 crore, which included 5.66 crore in fixed deposits and 35 lakh of deposits in savings bank accounts. He said he had received 100 crore by selling his equity in Sun TV in October 2005 when his grand nephews Kalanithi and Dayanidhi Maran expressed their desire to fully own the company, but chose to distribute much of the post tax receipts of 77.5 crore among his children and kept only 10 crore for himself. Out of that, 5 crore was donated to the Kalaignar Karunanidhi Trust. The balance, along with the accrued interest, was the only savings he had in his life, he said.


But Kaunanidhi had declared total assets worth 26 crore while filing his nomination papers for the 2006 assembly elections. As the law requires that candidates should also include wealth in the names of their spouses, he had then included details of fixed deposits and bank accounts in the name of Dayalu and Rajathi, totally amounting to about 18 crore. [Total assets 44 Cr]


His elder son and Union chemicals and fertiliser minister M K Alagiri was worth 13 crore in 2009, covering both immovable and moveable property. Younger son and Tamil Nadu deputy chief minister M K Stalin’s assets were worth 13.61 crore in 2004 and sister Kanimozhi had assets worth 8.45 crore when she filed her nomination for the Rajya Sabha elections in 2007. Karunanidhis another daughter Selvi never declared her assets because she never filed any nomination for the elections.


Kalaignar also told that he was the only Chief Minister living in the street house. To our remembrance Rajaji lived in a house in the Buzzullah street, T,Nagar and Kamaraj, Bakthavathchalam and Former Prime Minister Indira Gandhi were living in others houses. Moreover to our knowledge that no previous chief minister’s sons were crorepathis in Tamil Nadu. The freedom fighters who have fought for the India’s Independence now eagerly standing in the queue for their monthly pensions.


Any how we appreciate Karunanidhi’s tireless service to his party and it is our wish that all people must follow the foot step of Kalaignar and work hard and come up in their carrier as Crorepathis.


Kindly hear the speeches of former Congress leader Dindivanam Ramamurthy thro; “You Tube”. Thanks to “Jaya TV”.