advertisement
In a span of 10 years, the declared assets of TTV Dhinakaran, former AIADMK legislator and current president of the Amma Makkal Munnetra Kazhagam (AMMK), tripled – from Rs 3.48 crore to Rs 11.19 crore.
This is, however, just a fraction of the assets that former All India Anna Dravida Munnetra Kazhagam (AIADMK) General Secretary VK Sasikala’s family owns. Dhinakaran is Sasikala’s nephew.
On 12 February, shortly after Sasikala returned to Chennai after languishing in the Parappana Agrahara Prison for four years in a disproportionate assets case probed by the Enforcement Directorate, Income Tax authorities seized Rs 200 crore worth properties of her, her sister-in-law J Ilavarasi, and nephew VN Sudhakaran in Kanchipuram.
In a similar exercise conducted a year ago in 2020, the Benami prohibition wing of the state had seized properties of the trio worth Rs 2,000 crore from across Tamil Nadu.
According to politicians in Tamil Nadu, Sasikala’s decision could be the result of a deal that the Bharatiya Janata Party (BJP) forged between the AIADMK and the AMMK, at a cost.
The BJP is in an alliance with the AIADMK. Before Sasikala quit politics, the AIADMK alliance was considering the prospects of the AMMK splitting the votes of Jayalalithaa loyalists. Sasikala was a close aide of the former chief minister and AIADMK supremo who died in 2016.
Though Sasikala became the AIADMK general secretary following Jayalalithaa’s death, she was soon sacked. She founded the AMMK with Dhinakaran in 2017, right before she was arrested and sentenced in the disproportionate assets case.
It is a BJP tactic to threaten leaders who have disproportionate wealth with enforcement cases and related complications, the leader added.
Another AIADMK leader opined, “It is highly likely that the BJP asked Sasikala to choose between her assets and her political power. For such a wealthy family which had amassed assets indiscriminately during Jayalalithaa’s terms as chief minister, safeguarding their funds would have been a priority.”
Sasikala has issued a statement asking all her followers to support the AIADMK in the upcoming election to be held on 6 April.
Meanwhile, Chief Minister Edappadi K Palaniswami had on several occasions told the media that the AIADMK has not targeted the family over their assets. However, safeguarding wealth does not mean just being left alone to live in luxury.
The AMMK would not have a political future if their funds get frozen, the political leader in Tamil Nadu, who was once part of the party’s inner circle, said.
“Without wealth there is no political future because politics is an expensive affair in the state,” he said.
From electioneering to running daily affairs of the party, Dhinakaran will have to tap into his family’s assets for the AMMK. “Now, he has the AMMK and his assets. If he were to merge with the AIADMK, he will still have political clout and his money,” the former aide said.
In this situation, “safeguarding the assets of the family while securing a tentative political future for them” would have been Sasikala’s aim when she decided to step down. With Sasikala gone, the AIADMK has very little reasons to prevent a tie-up with the AMMK.
The BJP leadership clarified that the party had not asked Sasikala to quit politics. The party, however, welcomes the move to unite AIADMK alliance, a BJP leader said.
(At The Quint, we question everything. Play an active role in shaping our journalism by becoming a member today.)