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KPCC chief DK Shivakumar declares assets worth Rs 1,414 crore, JD (S) HDK holds Rs 189.27 cr

Candidates belonging to all the parties, who filed their nomination papers for the Karnataka Assembly polls, declared their assets. KPCC president DK Sivakumar, JD (S) candidate HD Kumaraswamy, JD (S) candidate and youth leader Nikhil Kumaraswamy, Madhu Bangarappa, Shamanur Shivshankarappa and Gali Lakshmi Aruna, wife of Gali Janardhan Reddy were some of the prominent leaders, who declared their assets in their affidavits.

KPCC chief DK Shivakumar declares assets worth Rs 1,414 crore
KPCC chief DK Shivakumar declares assets worth Rs 1,414 crore
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Published : Apr 18, 2023, 8:31 PM IST

Bengaluru: KPCC president DK Sivakumar, former Chief Minister HD Kumaraswamy, and other prominent leaders filed their nomination papers and disclosed their assets. KPCC President DK Shivakumar, who is contesting from the Kanakapura Assembly constituency, declared his assets worth more than Rs 1,414 crore. Shivakumar submitted 108 pages of property details while filing the nomination papers.

DK Shivakumar's wealth alone has crossed Rs 1,214 crore. His wife Usha has assets of Rs 133 crore and his son Akash has Rs 66 crore. The KPCC president has Rs 970 crore of immovable property, Rs 244 crore of movable assets, and Rs 226 crore of debt.

DK Shivakumar also owns a Yublot watch worth Rs 23 lakhs and currently earns Rs 14 crore per year. The family also has four kg of gold. He owns agricultural land, non-agricultural land, and commercial buildings in various parts of the state. In 2013, the DK Shivakumar family income was Rs 252 crore and in 2018 it increased to Rs 840 crore. Meanwhile, a total of 19 cases including, various criminal cases, have been registered against him.

Channapatna JD (S) candidate HD Kumaraswamy declared his assets worth Rs 189.27 crore. HD Kumaraswamy-Anita Kumaraswamy couple together own immovable property worth Rs 92.84 crore and movable assets worth Rs 96.43 crore. There is a total of 4.130 kg of gold and 29 kg of silver and 54 carats of diamonds.

There is only a tractor in Kumaraswamy's name. His wife owns an Innova Crista and eight Maruti Echo cars. HD Kumaraswamy owns more than 48 acres of agricultural land and has shown an agricultural income of Rs 47 lakhs in 2021-22. Anita has many commercial assets and has invested in many companies. He also has a debt of Rs 77 crore. Kumaraswamy in his affidavit submitted to the Election Commission stated that five cases have been registered against him.

JD (S) candidate and youth leader Nikhil Kumaraswamy, who is contestsing from the Ramanagara constituency, submitted his nomination papers on Monday. He has declared his property details while filing the nomination papers. He has movable assets worth Rs 46.51 crore and immovable property worth Rs 28 crore. Nikhil Kumaraswamy owns 1.151 kg of gold and has a debt of Rs 38.94 crore. He owns a total of five cars, including a Lamborghini worth Rs 5.67 crore. He has shown his annual income as Rs 4.28 crore for 2021-22.

Also read: Karnataka polls: Shettar blames Santhosh for ticket snub, BJP says 'will teach him a lesson'

Madhu Bangarappa has a total immovable property worth Rs 37,40,25,000 crore in his name and Rs 17, 84,87,561 crore worth of movable assets. He owns 2,777.5 grams of gold worth Rs 1.25 crore. He owns two cars. There is agricultural land worth Rs 6,91,30,000 and a debt of Rs 20,82,17,000. Movable property worth Rs 9,95,85,671 crore was registered in the name of his wife. His wife has Rs 82.73 lakhs worth of one kg of gold and diamonds, and 25 kg of silver. He also has a loan of Rs 5,22,50,000.

Shamanur Shivshankarappa, the Congress candidate from the Davangere Dakshina Assembly constituency and the sitting Congress senior MLA, has submitted his nomination papers and declared his assets. He has stated in the affidavit that he has total assets of Rs 293.83 crore and a debt of Rs 17.74 crore. Rs 8.01 lakh cash. Rs 63.96 crore in bank deposits and Rs 85.32 crore invested in shares. A total of Rs 104 crore is due from the borrowers. Rs 2.25 crore of jewellery and other items. Shivashankarappa has Rs 73.26 lakh worth of vehicles. Rs 35 crore worth of non-agricultural land, Rs 25 lakhs worth of 1100 square yards of land, and houses worth Rs 257.83 crore, including movable assets and Rs 35 crore immovable property.

Gali Lakshmi Aruna, wife of Gali Janardhan Reddy and Kalyana Rajya Pragati Paksha (KRPP) candidate for the Ballari Nagar Assembly constituency has submitted her property details while filing the nomination. Lakshmi Aruna has Rs 1.76 lakhs in cash, while her husband has Rs 1.33 lakhs. While the movable assets are worth Rs 96.23 crore, Janardhana Reddy has movable assets worth Rs 29.20 crore.

Son Kiriti Reddy has movable assets worth Rs 7.24 crore. Lakshmi Aruna has immovable property worth Rs 104.38 crore. Her husband Janardhana Reddy has immovable property worth Rs 8 crore. Son Kiriti owns immovable property worth Rs 1.24 crore.

Investment in companies: Lakshmi Aruna has invested crores of rupees in various companies. Investment of Rs 29.55 crore in Obalapuram Mining Company, Rs 25.08 crore in Brahmani Industries, Rs 18.27 crore in Mudita Properties, Rs 1 crore in Tuller Rivets Company, Rs 1 crore in Kirati Aviation Pvt Ltd, Rs 3.42 crore in Odyssey Corporation Limited, Rs 44 lakh in Aditya Birla Insurance Company. In the name of son Kiriti Reddy, she has invested Rs 2 crore in SBI Mutual Fund and Rs 5 crore in other stocks and bonds.

Also read: BJP relies on brand new faces to win Karnataka 2023 polls

Lakshmi Aruna owns Rs 77.20 lakh worth of silver and Rs 16.44 crore worth of gold and diamonds. Janardhana Reddy has silver worth Rs 32.18 lakhs, gold jewelery, and diamonds worth Rs 7.93 crore.

Janardhana Reddy also spent Rs 19.58 crore on Obalapuram Mining Company. Lakshmi Aruna has spent Rs 2.50 lakhs on Oxygen Company Private Limited, Rs 2.50 lakh on Kiriti Power Corporation Limited, and Rs 1 crore on Kiriti Aviation Private Limited. Lakshmi Aruna has a debt of Rs 96.23 crore on movable assets and Rs 74.89 crore on immovable property. Janardhana Reddy has a total debt of Rs 34.61 crore, while his son Kiriti Reddy has a debt of Rs 7.66 crore.

Bengaluru: KPCC president DK Sivakumar, former Chief Minister HD Kumaraswamy, and other prominent leaders filed their nomination papers and disclosed their assets. KPCC President DK Shivakumar, who is contesting from the Kanakapura Assembly constituency, declared his assets worth more than Rs 1,414 crore. Shivakumar submitted 108 pages of property details while filing the nomination papers.

DK Shivakumar's wealth alone has crossed Rs 1,214 crore. His wife Usha has assets of Rs 133 crore and his son Akash has Rs 66 crore. The KPCC president has Rs 970 crore of immovable property, Rs 244 crore of movable assets, and Rs 226 crore of debt.

DK Shivakumar also owns a Yublot watch worth Rs 23 lakhs and currently earns Rs 14 crore per year. The family also has four kg of gold. He owns agricultural land, non-agricultural land, and commercial buildings in various parts of the state. In 2013, the DK Shivakumar family income was Rs 252 crore and in 2018 it increased to Rs 840 crore. Meanwhile, a total of 19 cases including, various criminal cases, have been registered against him.

Channapatna JD (S) candidate HD Kumaraswamy declared his assets worth Rs 189.27 crore. HD Kumaraswamy-Anita Kumaraswamy couple together own immovable property worth Rs 92.84 crore and movable assets worth Rs 96.43 crore. There is a total of 4.130 kg of gold and 29 kg of silver and 54 carats of diamonds.

There is only a tractor in Kumaraswamy's name. His wife owns an Innova Crista and eight Maruti Echo cars. HD Kumaraswamy owns more than 48 acres of agricultural land and has shown an agricultural income of Rs 47 lakhs in 2021-22. Anita has many commercial assets and has invested in many companies. He also has a debt of Rs 77 crore. Kumaraswamy in his affidavit submitted to the Election Commission stated that five cases have been registered against him.

JD (S) candidate and youth leader Nikhil Kumaraswamy, who is contestsing from the Ramanagara constituency, submitted his nomination papers on Monday. He has declared his property details while filing the nomination papers. He has movable assets worth Rs 46.51 crore and immovable property worth Rs 28 crore. Nikhil Kumaraswamy owns 1.151 kg of gold and has a debt of Rs 38.94 crore. He owns a total of five cars, including a Lamborghini worth Rs 5.67 crore. He has shown his annual income as Rs 4.28 crore for 2021-22.

Also read: Karnataka polls: Shettar blames Santhosh for ticket snub, BJP says 'will teach him a lesson'

Madhu Bangarappa has a total immovable property worth Rs 37,40,25,000 crore in his name and Rs 17, 84,87,561 crore worth of movable assets. He owns 2,777.5 grams of gold worth Rs 1.25 crore. He owns two cars. There is agricultural land worth Rs 6,91,30,000 and a debt of Rs 20,82,17,000. Movable property worth Rs 9,95,85,671 crore was registered in the name of his wife. His wife has Rs 82.73 lakhs worth of one kg of gold and diamonds, and 25 kg of silver. He also has a loan of Rs 5,22,50,000.

Shamanur Shivshankarappa, the Congress candidate from the Davangere Dakshina Assembly constituency and the sitting Congress senior MLA, has submitted his nomination papers and declared his assets. He has stated in the affidavit that he has total assets of Rs 293.83 crore and a debt of Rs 17.74 crore. Rs 8.01 lakh cash. Rs 63.96 crore in bank deposits and Rs 85.32 crore invested in shares. A total of Rs 104 crore is due from the borrowers. Rs 2.25 crore of jewellery and other items. Shivashankarappa has Rs 73.26 lakh worth of vehicles. Rs 35 crore worth of non-agricultural land, Rs 25 lakhs worth of 1100 square yards of land, and houses worth Rs 257.83 crore, including movable assets and Rs 35 crore immovable property.

Gali Lakshmi Aruna, wife of Gali Janardhan Reddy and Kalyana Rajya Pragati Paksha (KRPP) candidate for the Ballari Nagar Assembly constituency has submitted her property details while filing the nomination. Lakshmi Aruna has Rs 1.76 lakhs in cash, while her husband has Rs 1.33 lakhs. While the movable assets are worth Rs 96.23 crore, Janardhana Reddy has movable assets worth Rs 29.20 crore.

Son Kiriti Reddy has movable assets worth Rs 7.24 crore. Lakshmi Aruna has immovable property worth Rs 104.38 crore. Her husband Janardhana Reddy has immovable property worth Rs 8 crore. Son Kiriti owns immovable property worth Rs 1.24 crore.

Investment in companies: Lakshmi Aruna has invested crores of rupees in various companies. Investment of Rs 29.55 crore in Obalapuram Mining Company, Rs 25.08 crore in Brahmani Industries, Rs 18.27 crore in Mudita Properties, Rs 1 crore in Tuller Rivets Company, Rs 1 crore in Kirati Aviation Pvt Ltd, Rs 3.42 crore in Odyssey Corporation Limited, Rs 44 lakh in Aditya Birla Insurance Company. In the name of son Kiriti Reddy, she has invested Rs 2 crore in SBI Mutual Fund and Rs 5 crore in other stocks and bonds.

Also read: BJP relies on brand new faces to win Karnataka 2023 polls

Lakshmi Aruna owns Rs 77.20 lakh worth of silver and Rs 16.44 crore worth of gold and diamonds. Janardhana Reddy has silver worth Rs 32.18 lakhs, gold jewelery, and diamonds worth Rs 7.93 crore.

Janardhana Reddy also spent Rs 19.58 crore on Obalapuram Mining Company. Lakshmi Aruna has spent Rs 2.50 lakhs on Oxygen Company Private Limited, Rs 2.50 lakh on Kiriti Power Corporation Limited, and Rs 1 crore on Kiriti Aviation Private Limited. Lakshmi Aruna has a debt of Rs 96.23 crore on movable assets and Rs 74.89 crore on immovable property. Janardhana Reddy has a total debt of Rs 34.61 crore, while his son Kiriti Reddy has a debt of Rs 7.66 crore.

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