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I bought land with loan and savings: Annamalai
The New Indian Express Tiruchy
|September 13, 2025
RESPONDING to allegations over purchase of around six acre agricultural land in Coimbatore worth several crores in market by only paying the minimum guideline value, former Tamil Nadu BJP president K Annamalai on Friday said he purchased it using loan and personal savings of him and his wife Akila to further their interest in organic farming.
In a statement that had no mention of his party affiliation, Annamalai said ₹40 lakh in stamp duty and registration charges was paid. He said he is awaiting approval for a loan under the Prime Minister's Employment Generation Programme (PMEGP) for setting up a dairy farm.
This story is from the September 13, 2025 edition of The New Indian Express Tiruchy.
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