Sreesanth Declares Assets Worth Rs 7.37 Cr

NDA candidate S Sreesanth has a total self -acquired assets worth Rs  7.37 crore as per the affidavit he  submitted along with his nomination to the Thiruvananthapuram Assembly constituency.
Sreesanth Declares Assets Worth Rs 7.37 Cr
Updated on
2 min read

THIRUVANANTHAPURAM: NDA candidate S Sreesanth has a total self -acquired assets worth Rs  7.37 crore as per the affidavit he  submitted along with his nomination to the Thiruvananthapuram Assembly constituency.

Sreesanth has a total bank deposit of Rs  3,08,712 in ten bank accounts. He has Rs  42,500 in hand, while his spouse has Rs  35,000 in hand. He has 7,400 shares worth Rs  74,000 in ‘S36 Sports and Entertainment  Pvt Ltd.’

With the SBI Life Insurance and Reliance Insurance, he has deposited Rs  3 lakh each. Sreesanth has given a loan of Rs  38,50,000 to S36 Sports and Entertainment.

In 2015, he has purchased a Jaquar XJL car for Rs  1,18,00,000. A TVS Apache motor bike worth Rs  30,000 received as prize for ‘Man of the Match’ in 2006 from BCCI is  another vehicle under his ownership.

Fifty-five 55 sovereigns of gold worth Rs  12,10,000 and  World Cup cricket medal (diamond-studded) of 2007 and 2011 worth Rs  3,00,000 and Rs  5,00,000 are the other moveable assets.

He has total moveable assets worth Rs  1,87,18,212.45, while spouse has 375 sovereigns of gold worth Rs  82,50,000  and total moveable property worth Rs  82,85,000.

Dependent daughter has 20 sovereigns worth Rs  4,40,000.

The immovable properties include 5.26 Ares under Edappally village, building with a built-up area of 9,880 sq ft purchased in 2011  worth Rs  2.95 crore, investment on the land by way of development construction worth Rs  2.50 crore, with a current market value of  Rs  5.50 crore.

He has loan worth Rs  49,05,844 due to SBI, Tripunithura Branch, and Rs  88,53,252 to HDFC Bank at Ravipuram, Ernakulam . His total liability is  for  Rs 1,37,59,096.

Self-acquired assets have been valued at Rs  7,37,18,212.45. In the affidavit, his profession has been given as sportsperson, actor, businessman and social activist .

He has the passed the eleventh  standard from Bhavan’s Vidyamandir, Elamakkara, in Ernakulam.

Explanation Sought

The District Election Officer and Media Certification and Monitoring Committee chairman Biju Prabhakar has sought an explanation from Kummanam Rajasekharan, BJP candidate from Vattiyoorkavu, on the distribution of ‘Kummanathinte Rajayogam’, a supplement, in the constituency.  The chairman sought the explanation as the supplement did not have the necessary information. It was neither mentioned who was publishing the supplement, the name of press nor the number of copies printed.

X
The New Indian Express
www.newindianexpress.com