Vijay's Election Affidavit Reveals Rs 640 Crore Asset Portfolio
In a significant financial disclosure, actor-turned-politician and Tamilaga Vettri Kazhagam (TVK) president Vijay has declared total assets worth Rs 640.51 crore. This comprehensive declaration was made in an affidavit submitted to the Perambur returning officer on Monday, as part of his electoral nomination process.
Detailed Breakdown of Movable Assets
The affidavit provides a meticulous breakdown of Vijay's financial holdings. According to the document, his movable assets amount to a substantial Rs 404 crore. This category encompasses various forms of wealth, including cash reserves, diverse investment portfolios, gold holdings, and a collection of luxury and utility vehicles.
Notable among the vehicle declarations are:
- Toyota Lexus luxury sedan
- Toyota Vellfire premium multi-purpose vehicle
- BMW luxury automobile
- Maruti Swift compact car
- TVS XL Super two-wheeler
Immovable Property Holdings
Beyond movable assets, Vijay has declared immovable properties valued at Rs 220 crore. These holdings represent a combination of self-acquired real estate and inherited properties, strategically located in prime areas. The properties span across Chennai, Tamil Nadu's bustling capital city, and the picturesque hill station of Kodaikanal, known for its scenic beauty and temperate climate.
Spouse's Asset Declaration
The affidavit also includes declarations from Vijay's spouse, Sangeetha. Her financial disclosures reveal movable assets worth Rs 15 crore, alongside immovable properties valued at Rs 25 lakh. This comprehensive family asset declaration provides transparency regarding the couple's combined financial standing as Vijay enters the political arena.
This detailed financial disclosure comes at a crucial juncture in Vijay's political career, as he prepares for electoral participation. The affidavit serves as a formal declaration of assets, fulfilling legal requirements for candidates contesting elections in India. Such disclosures are mandated to ensure transparency and accountability in the political process, allowing voters to make informed decisions about candidates' financial backgrounds.
