Sumalatha declares assets worth Rs.23.41 crore
News

Sumalatha declares assets worth Rs.23.41 crore

March 21, 2019

Mandya:  All through her actor-husband Ambarish’s political career, Sumalatha kept a low profile politically. But now, after his death, she has entered the electoral battle as an Independent Candidate as Congress, her husband’s party, ceded the Mandya Lok Sabha seat to coalition partner JD(S).

She filed her nomination papers yesterday amidst much fanfare. Sumalatha is now pitted against Nikhil Kumaraswamy, son of Chief Minister H.D. Kumaraswamy, who is contesting from JD(S). What was considered a cakewalk for Nikhil a few months ago will be a tough battle between the two now.

Sumalatha has declared assets worth Rs.23.41 crore in the affidavit filed before the Election Commission, along with her nomination papers. She has a loan to repay worth Rs.1.42 crore and has Rs.12.70 lakh cash in her hand and possesses 5.5 kgs of gold worth Rs.1.66 crore and 31 kg silver worth Rs.12.57 lakh.

She has a fixed deposit of Rs.1.31 crore and movable properties worth Rs.5,68,62,989, a house in J.P. Nagar, Uttarahalli and apartment which she owns on a partnership basis. Her immovable assets amounts to Rs.17,72,91,150. All the properties are inherited by her husband and Sumalatha does not even own a car. She has invested in various properties worth Rs.1.97 crore and commercial properties worth Rs.41 lakh.

Fifty-five-year-old Sumalatha said that she is a resident of Bengaluru and has her name in the voters list of Doddarasinakere in Maddur. She stated that she has studied SSLC at a Convent School in Guntur,  Andhra Pradesh.

ABOUT

Mysuru’s favorite and largest circulated English evening daily has kept the citizens of Mysuru informed and entertained since 1978. Over the past 45 years, Star of Mysore has been the newspaper that Mysureans reach for every evening to know about the happenings in Mysuru city. The newspaper has feature rich articles and dedicated pages targeted at readers across the demographic spectrum of Mysuru city. With a readership of over 2,50,000 Star of Mysore has been the best connection between it’s readers and their leaders; between advertisers and customers; between Mysuru and Mysureans.

CONTACT

Academy News Papers Private Limited, Publishers, Star of Mysore & Mysuru Mithra, 15-C, Industrial ‘A’ Layout, Bannimantap, Mysuru-570015. Phone no. – 0821 249 6520

To advertise on Star of Mysore, email us at

Online Edition: [email protected]
Print Editon: [email protected]
For News/Press Release: [email protected]