CM Vijayan's Financial Disclosure Ahead of Election

CM Vijayan's Financial Disclosure Ahead of Election.webp

Kannur (Kerala), March 19 Kerala Chief Minister Pinarayi Vijayan, who is seeking a third term, announced his assets – both movable and immovable – worth over Rs 1 crore in his nomination papers filed from the Dharmadom assembly constituency here on Thursday.

In the affidavit, Vijayan also declared that his wife has movable assets worth over Rs 60 lakh, including 80 grams of gold, and immovable property worth Rs 36 lakh.

Kerala will go to the polls on April 9.

Giving details of his assets and liabilities in the affidavit, the CM said he has movable assets of over Rs 45 lakh, which include deposits in various banks and shares in various companies, including Kannur International Airport Ltd.

He has immovable property worth over Rs 56 lakh, which includes a residential property and 78 cents of agricultural land in Pathiriyad Amsom here, according to the affidavit.

He also stated that he and his wife have no liabilities.

The CM, who completed a Pre-University Course (PUC) from Government Brennan College in Thalassery in 1963, declared an income of Rs 5.33 lakh in the financial year 2024-25, while his wife showed an income of Rs 5.77 lakh during the same period.

Vijayan, in his affidavit, said that he is facing six cases, including one under the Prevention of Corruption Act and an investigation by the Enforcement Directorate (ED).

The case under the PC Act is the SNC-Lavalin matter, in which the CBI has moved an appeal in the Supreme Court against his acquittal. It is still pending before the apex court.

The ED probe relates to the use of Masala Bond funds by the Kerala Infrastructure Investment Fund Board (KIIFB) for the acquisition of land for infrastructure projects.

The agency had issued a show cause notice to Vijayan, but it has been stayed by the Kerala High Court.
 
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