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Karnataka minister D K Shivakumar's full list of assets

D K Shivakumar was lodged at a resort in the outskirts of Bengaluru when the IT officials knocked on his doors.

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.

Karnataka minister D K Shivakumar's full list of assets

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

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    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

    (All values are from D K Shivakumar's election affidavit from 2013)

    OneIndia News

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