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Chidambarams worth Rs 95 crore

June 01, 2016 09:45 IST

Chidambaram showed a total income of Rs 8.58 crore for 2014-15, while his wife Nalini showed income of Rs 1.25 crore for the same period. Aditi Phadnis reports

Congress leader and former Union minister P Chidambaram, his wife and family have assets worth Rs 95 crore, according to an affidavit filed by him on Tuesday to contest the Rajya Sabha election. Chidambaram has filed nomination papers for the biennial elections to the 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 54.3 crore and immovable properties worth Rs 41.35 crore.

Chidambaram showed a total income of Rs 8.58 crore for 2014-15, while his wife Nalini showed income of Rs 1.25 crore for the same period.

Chidambaram has movable properties of Rs 42.95 crore and immovable properties worth Rs 4.25 crore. His spouse is the owner of movable properties worth Rs 11.23 crore and immovable properties valued at Rs 25.03 crore.

He has shown Rs 3.5 lakh cash in hand, while his wife has Rs 1.24 lakh.

Under the details of movable assets, the affidavit says Chidambaram possesses 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; 52 kg silver worth Rs 20.46 lakh; and 76.61 carat diamond worth Rs 22.98 lakh.

He has two cars -- a Honda and a Skoda each -- while his wife has a Toyota Innova car.

Chidambaram’s affidavit says he bought 38.72 acres of land in 1994 for Rs 25.16 lakh in Karnataka and thereafter developed it by investing another Rs 3.77 lakh into it. The current market value of this piece of property is Rs 1.93 crore, according to the affidavit.

His Hindu Undivided Family movable properties are worth Rs 11.86 lakh, while immovable properties are worth 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.

Aditi Phadnis
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