Kerala chief minister has no property

Achuthanandan submitted that he had cash in hand of Rs 3,000 and Rs 80,295 as bank deposits.

The total income of the 87-year-old leader, who entered the fray from Malampuzha segment today, was shown as Rs 3,43,994 as per the income tax returns filed for 2009-10.

Achuthanandan, who hails from Punnapra North in Alappuzha district, did not inherit or acquire any property, according to the asset details.

His wife Vasumathy, a state service pensioner, owns 10 cents of land at Paravoor in Alappuzha district, purchased in 1982 at a price of Rs 18,000, which has a current market value of Rs 1 lakh. She also has gold ornaments of 100 grams valued at Rs 1,96,000.

Vasumathy has Rs 10,000 as cash-in-hand and Rs 5,70,635 as bank deposits and holds share of Rs 5,000 in the Malayalam Communications, which runs the pro-CPI (M) Kairali TV channel.

Achuthanandan files nomination

Kerala Chief Minister V S Achuthanandan (87)on Thursday filed his nomination seeking re-election from Malampuzha in Palakkad district for the April 13 Assembly elections.

Achuthanandan filed his papers before returning officer A N Pradeepraj. He was accompanied by former Lok Sabha member N N Krishnadas and local party functionaries. The Marxist stalwart is seeking election from Malampuzha for the third consecutive time.

The segment had always been loyal to the CPI(M) and those who were elected to the Assembly from there included former chief minister late E K Nayanar.

Achuthanandan, who is the pivot of the LDF, has been campaigning in the northern districts for the last three days.