Tamil Nadu BJP's chief declares Rs 3.99 crore assets

CHENNAI: BJP's Tamil Nadu unit President, Pon Radhakrishnan, who is contesting the April 24 Lok Sabha polls from the Kanyakumari constituency, has declared assets of Rs 3.99 crore.

Radhakrishnan, popularly known as "Ponnar" among political workers, has assets both movable and immovable properties valued at Rs 3,99,70,263, as per the affidavit filed by him with the State Election Commission.

The total assets include properties acquired by Radhakrishnan (Rs 27.22 lakh) and inherited (from parents- Rs 3,72,48,263).

An alumnus of Madras Law College, Radhakrishnan hailing from Nagercoil currently has cash in hand of Rs 2,47,430.

For 2013-14, he has shown an income of Rs 3,22,070 (received through pension, rent and bank interests) besides income from agricultural land of Rs five lakh, it said.

Radhakrishnan holds immovable assets including agricultural land, non-agricultural properties and commercial buildings. However, he does not have any outstanding dues or liabilities, no automobile or gold jewellery, the affidavit said.