Karnataka Energy Minister DK Shivkumar declares assets of over 800 crores

The Karnataka assembly elections are scheduled to be held on May 12 and candidates have begun the process of filing their nominations. Among the 100 candidates who have filed nomination so far, Karnataka’s energy minister and Congress leader DK Shivkumar have emerged as the richest.

According to reports, Shivakumar submitted an affidavit on Thursday while filing for nomination papers for the Kanakapura constituency in the Ramanagara district. Shivkumar reportedly filed a 94-page affidavit declaring assets of over 840 crores. This is almost triple of the value of the assets he had declared in 2013 assembly elections. In 2013 he had declared assets worth 251 crores. In 2008, he had declared assets worth 75 crores.

According to reports, Shivkumar has declared cash and bank deposits of Rs 95 crores, immovable properties including resorts, commercial/residential buildings and land worth about 635.8 crores and gold, silver and diamonds worth 1.5 crores. He has also declared the assets and incomes of his daughter Aishwarya to be over 100 crores.

- Advertisement - - Article resumes -

Income tax officials had raided Shivkumar’s properties in August on allegations of Tax evasion. Among the properties raided was the Eagleton Gulf Village Resort where Shivkumar had earlier hosted the 43 Congress MLAs from Gujrat before the Rajya Sabha elections last year.

During the I-T department raid, Shivkumar was reportedly found destroying evidence and he was taken away by the officials for questioning. The Congress party had created a ruckus in the Parliament alleging that the BJP is using the I-T department to witch hunt its leaders. Finance Minister Arun Jaitley had refuted these claims stating that Shivkumar was caught destroying important documents and the documents were later recovered by the officials.

The 55-year-old Minister has also been in the news for misbehaving with the public. In February he was seen in a video slapping a man trying to take a selfie with him. Earlier in November too, he was caught on video slapping a student trying to take a selfie during a press conference.

Shivkumar is said to be a protege of former Union Minister SM Krishna. He has a strong following among party workers and is currently the head of the campaigning committee for the state assembly elections.

reader, writer, dreamer, no one

Share and Support:
Support OpIndia by paying for content

Most read articles recently

Statue of all ironies: Pritish Nandy uses example of fake news to spread fake news

Pritish Nandy shared a fake image which was earlier shared by Youth Congress leader

West Bengal: TMC workers ‘purify’ the ground with Gangajal and cow dung after BJP holds a rally in Cooch Behar

TMC workers sprinkled Gangajal after applying cow dung on the ground where the rally was held.

Uttar Pradesh: Samajwadi party leader detained after being caught on camera assaulting BJP spokesperson

Political leaders who are the so-called representatives of our country have often been seen indulging in such pettiness

Raghuram Rajan backed yet-to-be functional Krea University among 19 new institutes to get ‘Institute of Eminence’ tag

The earlier list which featured yet-to-be-functional Jio Institute was announced, the HRD ministry was mercilessly mocked

2018 Assembly Elections: Here are the BJP internal survey numbers

The final results of all states are to be released on 11th December.

25 Lakh fake beneficiaries found in Anganwadis of UP, Maharashtra and Assam

The Ministry of Women and Child Development had ordered the survey of Anganwadi Schemes after the crackdown of Assam government on ghost beneficiaries.

Bihar: retired IG’s daughter commits suicide a day before her marriage, investigation underway

A doctor by profession, the IG's daughter was about to get married the next day with the Kishanganj District Magistrate

India resolute to bring back Vijay Mallya, sends a joint ED and CBI team to London to appear for his extradition proceedings

The Indian government has been trying hard to extradite Vijay Mallya after he ran away to the UK on March 2, 2016

Congress tweets about ‘International Anti-Corruption Day’, Twitter users remind them of their own legacy

Amusingly, former Congress President Sonia Gandhi's birthday falls on 'International Anti-Corruption Day'
Image Source: Patrika

Over 10 lakh people gathered for the Muslim congregation event against permission of 2 lakh people in Bulandshahr

District Magistrate had issued multiple notices and warning to the organisers of the event after there was a surge in the crowd.

Latest articles

Connect with us


Don't miss these