POLITICS

Sasikala And Her Family Likely To Inherit Jayalalithaa's Property Worth Rs 113.73 Crore: Report

The sprawling Poes Garden bungalow in Chennai will go to Sasikala.

07/12/2016 8:00 AM IST | Updated 07/12/2016 1:44 PM IST
Adnan Abidi / Reuters
People pay homage to the body of Tamil Nadu Chief Minister Jayalalithaa Jayaraman, who died on Monday, in Chennai, India December 6, 2016. REUTERS/Adnan Abidi

In April 2016, AIADMK supremo J Jayalalithaa declared movable and immovable property worth over Rs 113.73 crore, according to an affidavit filed along with her nomination papers for the May 16 Assembly elections. After her death on Tuesday, questions are being raised about who will inherit her wealth in the absence of immediate family.

The Telegraph newspaper quoted sources to report that Jayalalithaa, amma or mother to thousands of her devoted supporters, had drawn up a will two years ago. Sasikala Natarajan, who performed Jaya's last rites, will inherit the bulk of her wealth, the paper said.

IANS reported in April, Jayalalithaa owned movable assets worth Rs 41.63 crore and immovable assets Rs 72.09 crore. Her total liabilities are around Rs 2.04 crore.

The sprawling Poes Garden bungalow in Chennai will go to Saikala, and the Kodanad estate in the Nilgiris, Jaya Publications, Sasi Enterprises and the other businesses in which the two women were partners will also go to Jaya's confidante, Telegraph reported.

Vivek Jayaraman, son of Ilavarasi and Jayaraman (Sasikala's brother), will reportedly inherit a farmland in Hyderabad.

Sasikala has been a constant companion in Jayalalithaa's life for decades. She even went to jail with her when the latter was arrested in 1996 for the colour TV scam. Even as Jaya's body was kept in Chennai's Rajaji Hall to allow supporters to pay tribute, her family members were conspicuous in their absence. It was Sasikala and her extended family who sat by the body.

Jayalalithaa's brother Jayakumar died in an accident in 1995. His daughter Deepa was not allowed to meet the leader at Apollo Hospital.

More On This Topic