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MTB’s total worth touches ₹1,614.5 crore; DKS declares assets worth ₹1,358 crore

MTB’s total worth touches ₹1,614.5 crore; DKS declares assets worth ₹1,358 crore

The Hindu
Monday, April 17, 2023 05:04:08 PM UTC

There were 198 nominations on Monday from the Bharatiya Janata Party, 195 from the Congress, 86 from the the JD(S), 50 from the Aam Aadmi Party, and 17 from the BSP for the May 10 Karnataka Assembly elections

Karnataka Pradesh Congress Committee (KPCC) president D.K. Shivakumar, Janata Dal (Secular) leader H.D. Kumaraswamy, his brother H.D. Revanna, Housing Minister V. Sommana, and B.Y. Vijayendra, son of former Chief Minister B.S. Yediyurappa, were among the 842 candidates who filed their nominations for the May 10 Assembly polls on Monday. Aspirants across parties filed their papers after massive roadshows.

There were 198 nominations from the Bharatiya Janata Party, 195 from the Congress, 86 from the the JD(S), 50 from the Aam Aadmi Party, and 17 from the BSP. There were 134 nominations by registered unrecognised parties and 161 by Independents. April 20 is the last day for filing nominations.

Small Scale Industries Minister M.T.B. Nagaraj, who is the BJP candidate for Hoskote, has added ₹599.5 crore in the last five years. He has disclosed a net worth of over ₹1,614.5 crore, which includes his and his wife’s, as per his nomination affidavit filed to contest in the May 10 Assembly elections.

During the previous Assembly elections in 2018, he declared assets of ₹1,015 crore, making him the richest candidate in the fray.

He has movable assets worth ₹372.42 crore and immovable assets of ₹798.38 crore. He has disclosed his wife Shantakumari’s movable assets of ₹163.78 crore and immovable assets of ₹274.97 crore.

The 72-year-old Kuruba leader, who has studied up to Class VIII, is a three-time legislator from the Hoskote Assembly seat in Bengaluru Rural district. He was the Housing Minister in the Congress-JD(S) coalition government.

He, along with 16 other MLAs, joined the BJP in Karnataka in 2019, and was disqualified by the Speaker under the anti-defection law for defying his party’s whip.

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