Telangana Rashtra Samithi K Chandrasekhar Rao assets: Owns no cars, but is crorepati many times over
Thu Apr 10 2014, 16:01 hrs
Telangana Rashtra Samithi chief K Chandrasekhar Rao, who filed his nominations for Medak Lok Sabha today, has declared his total assets at Rs 16,94,82,464 but neither he nor his family owns any vehicle. Of the total movable and immovable assets, K Chandrasekhar Rao has Rs 9,90,000 cash in hand and pegged his income in financial year 2012-13 at Rs 6,59,684.
As per the affidavit filed along with the nomination papers, the Telangana Rashtra Samithi chief, who has declared business and agriculture as his profession, has liabilities of Rs 7 crore including a loan. The affidavit said K Chandrasekhar Rao has 60 grams jewellery worth Rs 1,80,000. K Chandrasekhar Rao's wife Shobha has Rs 1,50,000 cash in hand and 650 grams jewellery worth Rs 19,50,000. (PTI)
The K Chandrasekhar Rao or his family members do notown any car or vehicle.The affidavits says K Chandrasekhar Rao has two pending cases against him wherein charges are framed by respective courts under offences punishable with imprisonment up to two years. (PTI)
The Congress nominee from Medak seat P. Shravan Kumar Reddy has declared his total assets--movable and immovable--at Rs 5.80 crore including Rs 4 lakh cash in hand. Reddy's wife P.Vineela Reddy has cash of Rs 3.50 lakh in hand and total assets of Rs 2.64 crore. (PTI)