No Land, Gold: Meet Thomas Issac, LDF Candidate From Kerala, Whose Only ‘High Value’ Asset Is 20,000 Books – News18


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The economist turned politician from Kerala submitted his nomination papers at around 11am before Pathanamthitta district collector Prem Krishnan. (Image: Facebook)

The economist turned politician from Kerala submitted his nomination papers at around 11am before Pathanamthitta district collector Prem Krishnan. (Image: Facebook)

The only “high value” asset Isaac owns is his collection of over 20,000 books, worth Rs 9.6 lakh that is kept in his Thiruvananthapuram house, which belongs to his younger brother

Kerala’s former finance minister and four-time MLA Dr Thomas Isaac has been known for leading a very simple life without much glitz, glamour or high value assts. In a recent affidavit filed by Dr Issac, who is currently the Left Democratic Front (LDF)’s candidate from Pathanamthitta, several details of his quintessential communist lifestyle was revealed.

As per the submitted details along with his nomination papers, it was revealed that the Left candidate from Kerala doesn’t own a house, land or gold.

Infact, the only “high value” asset Isaac owns is his collection of over 20,000 books, worth Rs 9.6 lakh that is kept in his Thiruvananthapuram house, which belongs to his younger brother.

As per a Times of India report, the affidavit also stated that Isaac has a deposit of Rs 6,000 in his treasury savings bank at Thiruvananthapuram, Rs 68,000 in his pensioners’ treasury account, Rs 39,000 in SBI savings account, Rs 1.31 lakh as fixed deposit in KSFE and Rs 36,000 in KSFE Sugama account.

Initially, Isaac, who is a trained economist and central committee member of CPM had remitted Rs 77,000 in various instalments of a chit fund in KSFE. Apart from all that, he claims to have Rs 10,000 in hand as cash and shares valued at Rs 10,000 in Malayalam Communications.

On Saturday, the economist turned politician from Kerala submitted his nomination papers at around 11am before Pathanamthitta district collector Prem Krishnan, who also holds the position of the returning officer.

During the submission of the papers, he was accompanied by minister Veena George, MLAs Chittayam Gopakumar, Mathew T Thomas and Pramod Narayanan, the TOI report stated.

As the LDF candidate arrived at the collectorate in an open jeep, he was also accompanied by party workers.

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