TDP General secretary and AP Chief Minster Chandra Babu Naidu’s son Nara LOkesh has got a whooping assets of Rs. 330 crore. This was exactly 23 times more where he declared his assets to be Rs.14.6 Crore 5 months back.
Lokesh, who filed his nomination papers for an MLC seat on Monday, submitted an affidavit to election authorities, indicating that the total value of his assets is around Rs 330 crore, including Rs 273.84 crore in the form of shares in Heritage Foods, fixed assets worth Rs 18 crore and ancestral property worth Rs 38.52 crore. Besides, he had loans of Rs 6.27 crore.
Amid the ongoing corruption allegations surrounding the Chief Minister’s family, Lokesh had declared his family assets in October 2016. He clarified that in order to maintain the transparency, he had to declare his family assets that no politician in the country had done so far.
In the affidavit submitted to the Election Commission, Lokesh also declared the assets of his wife, Nara Brahmani, and two-year old son Devansh.In October, the total value of Brahmani’s assets was shown as Rs 5.38 crore and that of Devansh was worth Rs 11.70 crore. But In the election affidavit, the value of Brahmani’s assets was shown as nearly Rs 28 crore. The assets Devansh remained more or less same.
The Opposition YCP party took a dig at Lokesh saying that they need a clarification as how his assets value increased to hundreds of Crores with in a span of 5 months. Either the assets declared 5 months back must be false or he must have earned the money in various ways, alleged YCP.
