Econintersect: GEI News reported previously that the wealth being counted at the Sri Padmanabhaswamy temple in Kerala (Thiruvananthapuram). The July 3 report indicated that the estimates were that $22 billion in diamonds, other precious stones and gold were in the underground stone vaults of the temple. Estimates have now risen to $110 billion! All these numbers are just rumors, however. The official count being conducted by the RBI (Reserve Bank of India) has not been completed or status officially reported.The accounting of the temple’s wealth was ordered by the Indian supreme court following a petition charging mismanagement of temple affairs.
Excerpts from an article in DNA India:
Sources: DNA India and GEI News
Article by Sanjeev Kulkarni
Sanjeev Kulkarni is an entrepreneur based in Pune, India. He worked for large organizations in board level position before venturing on his own. He is currently involved as an investor in health care software company and as an investor, mentor in an automation company. Very widely traveled, he has experience of working in different geographical areas with people of varying nationalities. He did his BS from Indian Institute of Technology, Delhi.
