|
|
|
|
|
|
| |
| |
By Category |
 |
|
|
| |
|
| |
| |
India On Media |
|
|
|
| |
|
| |
|
|
| Politics
News |
|
| Jagan Reddy declares assets ... |
| Jagan Reddy declares assets worth Rs. 365 crore
|
| INDIA
, 15-April-2011
11:36:22 AM |
| Former MP and president of newly-floated YSR Congress Party, YS Jaganmohan Reddy, is perhaps one of the richest politicians in India, with declared assets of Rs. 365 crore. In 2009, Jagan had declared assets of Rs. 77 crore.
The son of the late Andhra Pradesh chief minister YS Rajasekhara Reddy declared movable and immovable assets of Rs. 365 crore on Friday while filing his nomination for the May 8 by-election to Kadapa Lok Sabha seat. He submitted an affidavit to the returning officer declaring his assets
With this, Jagan has overtaken Telugu Desam Party (TDP) MP Nama Nageswara Rao, who has assets worth Rs. 173 crore as per his affidavit filed with his nomination papers from the Khammam Lok Sabha constituency in 2009.
Jagan's wife Bharati owns assets worth Rs.41.33 crore. He owns houses, land and other property in Hyderabad, Kadapa and Bangalore. Interestingly, Jagan has no personal vehicle
Majority of Jagan's assets are in the form of bonds and shares in various private firms, including Bharati Cements and Sandur Power Project company.
In 2009, while filing nomination for Kadapa Lok Sabha seat, Jagan had declared assets of only Rs.77 crore.
Jagan, who resigned from the Lok Sabha seat and the Congress party in November last year, floated the YSR Congress Party last month.
Both the ruling Congress and the main opposition TDP are targeting him for amassing huge wealth, allegedly through misuse of power between 2004 and 2009 when his father YSR was the chief minister.
|
|
|
|
|
|
|
|
ADVERTISEMENTS
Free offer!!! Become an administrator for your zip home page, "Post" local news (local to your postcode)& pictures, "Post" advertisement banners from local companies. Make Extra money.
|
 |
 |
|
|
| |
|
