Here is the complete assets list of Karnataka minister D K Shivakumar

03 Aug 2017 4:27 PM | General
460 Report

Karnataka's Energy Minister and Congress leader D K Shivakumar is the second richest minister in the country with assets worth over Rs 251 crores. In an affidavit submitted to the election commission for the 2013 assembly elections, D K Shivakumar admitted to a corruption case against him.

The money, muscle and the power man of Karnataka Congress is no small fish. Here is what D K Shivakumar's affidavit says about the man behind Congress' popularity among the Vokkaliga community in Karnataka.

Educational Qualification: Masters Degree in Political Science from the Karnataka State Open University.

Assets: Rs 251.5 crores according to the financial year 2011-12

Liabilities: Rs 105 crores as on the financial year 2011-12

Criminal cases: Two cases of corruption under IPC 120(B), 169, 177, 417, 419, 465, 468

Shivakumar's declared income: 58,53,300 per annum

Spouse's declared income: 6,31,049 per annum

Gold: 2.18 kgs worth Rs 18.71 lakh

Silver: 12.6 kgs worth Rs 2.87 lakh

Worth of Movable assets: Rs 46 crores

Loans from banks: Rs 75 crore

Bank deposits: Rs 31 Lakh

Bonds and investments: Rs 4.18 crore

Agricultural land worth: Rs 1.14 crore

Non-agricultural land worth: Rs 142 crores (including granite land)

Commercial buildings: Rs 24 crore

Residential building: Rs 64 lakh Gold (Spouse): 2.5 kgs worth Rs 4.45 lakh

Silver (Spouse) : 20 kgs worth Rs 6.50 lakh

Non agricultural land (Spouse) : Rs 6.67 crore

Commercial buildings (Spouse): Rs 2.06 crore

Residential buildings (Spouse): Rs 12.38 crore

Loans to banks (Spouse): Rs 4.49 crore and Rs 18 lakh

Loans to individuals (Spouse): Rs 24.41 crore

Edited By

Shruthi G

Reported By

Shruthi G

Comments