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Lalgudi (Tamil Nadu), Apr 7 (PTI) AIADMK candidate for the Lalgudi Assembly constituency Leema Rose Martin has emerged as the wealthiest contestant in the 2026 Tamil Nadu Assembly elections, declaring total assets valued at approximately Rs 1,049.56 crore in her election affidavit.
The 58-year-old, who is the wife of lottery businessman Santiago Martin, filed her nomination papers on April 6, revealing a massive portfolio that includes movable assets worth Rs 139.62 crore and immovable assets worth Rs 909.94 crore.
Her declaration places her ahead of other high-net-worth individuals in the fray, including Tamilaga Vettri Kazhagam (TVK) chief Vijay, who declared assets worth over Rs 603 crore.
According to the 159-page document, Martin's immovable properties are spread across multiple districts, including Coimbatore, Madurai, Tiruchirappalli, and Tiruppur, in addition to agricultural holdings in Kerala and near New Delhi. Her annual income for the 2024-25 fiscal year was reported at Rs 9.82 crore. The candidate, whose educational qualification is listed as Class VI, holds diverse business interests in real estate, gaming, and the hospitality sector.
The affidavit also provides a glimpse into the family's total wealth, with her husband, Santiago Martin, declaring movable assets of Rs 3,262.01 crore and immovable assets of Rs 887.36 crore.
Her son, Jose Charles Martin, who is competing from Puducherry in BJP ticket, reported assets totaling over Rs 664 crore.
Her son-in-law, TVK Villivakkam candidate Aadhav Arjuna has declared total assets worth Rs 197 crore.
Despite the significant holdings, the filing noted that both the candidate and her husband each own three TVS XL mopeds, alongside a personal car collection that includes a Hyundai Creta and a Mahindra Thar.
Rose disclosed that she has four pending criminal cases against her. A significant portion of her legal challenges involves proceedings initiated by the Income Tax Department. These cases involve the transfer of tax assessments from Coimbatore to Kolkata, a move that she and her daughter, Daisy Martin Aadhav Arjuna, unsuccessfully challenged in the Madras High Court in late 2024.
As the wife of Santiago Martin, she has been named in matters related to the Prevention of Money Laundering Act (PMLA). These investigations typically stem from the Enforcement Directorate's (ED) long-standing scrutiny of her husband’s lottery business and alleged "proceeds of crime" totaling hundreds of crores.
The cases are currently being handled in various jurisdictions, including specialised courts in Chennai and Kolkata.
The Lalgudi seat is expected to witness a high-profile contest as Tamil Nadu heads to the polls on April 23, with the counting of votes scheduled for May 4. PTI JR KH
Election affidavit disclosures and money laundering scrutiny mark the legal backdrop to a high-profile Tamil Nadu Assembly contest. Election affidavit disclosures in the Tamil Nadu Assembly elections record that an AIADMK candidate for the Lalgudi constituency declared assets of about Rs 1,049.56 crore, comprising movable and immovable properties, along with business interests in real estate, gaming and hospitality. The filing also records four pending criminal cases, including Income Tax Department proceedings over transfer of tax assessments and matters under the Prevention of Money Laundering Act linked to Enforcement Directorate scrutiny of the husband's lottery business.Press 'Enter' after typing page number.