Achuthanandan has no property, inherited or acquired

Kerala Chief Minister and CPI (M) veteran V S Achuthanandan does not own any landed property or any moveable or immovable assets in his name.

Palakkad: Kerala Chief Minister and CPI (M)
veteran V S Achuthanandan does not own any landed property or any moveable or immovable assets in his name.

At the time of filing nomination for the assembly polls,
he had cash in hand of Rs 3000 and Rs 80,295 as bank
deposits.
The total income of the 87-year-old leader, who entered the
fray from Malampuzha segment today, was shown as Rs 3,43,994
as per the income tax returns filed for 2009-10.

Achuthanandan, who hails from Punnapra North in Alappuzha,
district did not inherit or acquired any property, according
to the asset details filed along with his nominations.
His wife Vasumathy, a state service pensioner, owns 10
cents of land at Paravoor in Alappuzha district, purchased
in 1982 at a price of Rs 18,000, which has a current market
value of Rs 1 lakh. She also has gold ornaments of 100 grams
valued at Rs 1,96,000.

Vasumathy has Rs 10,000 as cash-in-hand and Rs 5,70,635 as
bank deposits and holds share of Rs 5000 in the Malayalam
Communications, which runs the pro-CPI (M) Kairali TV
channel.

PTI

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