Chandrababu Naidu declares assets, 3-year-old grandson 6 times richer
HYDERABAD: The total assets of Andhra Pradesh Chief Minister Chandrababu Naidu and his family has spiked by over 12.5 crore in a year, his son Nara Lokesh declared on Wednesday evening. Mr Naidu has been voluntarily disclosing his family's assets and liabilities every year for the last 8 years, in a show of transparency.
Earlier this year, an analysis by the Association for Democratic Reforms had found Mr Naidu to be the richest Chief Minister of the country with declared assets of Rs. 177 crore in his election affidavit.
But going by the 68-year-old chief minister's voluntary disclosure, based on the rates at which assets were acquired, in over a year, the value of the Naidu family's combined assets has touched Rs. 81.83 crore from Rs. 69.28 crore -- a jump of Rs. 12.55 crore.
The assets of Mr Naidu have gone up from Rs. 2.53 crore to nearly Rs. 3 crore. His wife's assets however, have grown significantly - from Rs. 25 crore to Rs. 31 crore. Properties in the name of Nara Lokesh -- Mr Naidu's son and the state's information minister -- and the Chief Minister's minor grandson Devaansh, has showed similar growth.
Nara Lokesh's assets, worth Rs. 15.21 crore last year, stand at Rs. 21.40 crore now. The value of the property in the name of his three-year-old son Devaansh has gone up to Rs. 18.71 crore against last year's Rs. 11.54 crore.
Last year, when the businessman-turned-politician contested in the Legislative Council elections, he had declared assets worth Rs. 330 crore -- up from less than Rs. 15 crore a few months before. The 35-year-old said the jump was because his voluntary disclosure was done taking the face value of shares, which is the rate at which he acquired them. But in the election affidavit, he declared their market value.
The value of the assets his wife Brahmini, however, has taken a nosedive. From last year's Rs.15.01 crore, it now stands at Rs. 7.72 crore.
Mr Naidu has been outspoken about a series of raids by the Income Tax department on various state leaders. These raids, he said, were evidence of "political vendetta". His minister K Srinivasalu had alleged that the raids were meant to deter development in the state.
He also said the raids were creating panic among investors and businessmen, and were a great hindrance for tourists from outside the state.
courtesy : ndtv.com
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Speaker UT Khader attends local cricket tournament during Bhatkal visit
Bhatkal: Speaker of the Karnataka Legislative Assembly U. T. Khader visited Bhatkal in Uttara Kannada district on Saturday and attended a local cricket match being played as part of a tournament organised by the Cosmos Sports Centre of Bhatkal.
After attending a programme at Anjuman Hami-E-Muslimeen, Khader proceeded to the Bhatkal Taluka Stadium, where the tournament is underway. He was accompanied by office-bearers of the Cosmos Sports Centre and several local community leaders.
Those present during the visit included President of Majlis-e-Islah Wa Tanzeem and former JD(S) leader Inayathullah Shabandri, Vice President of Tanzeem Atiqur Rahman Muniri, General Secretary Abdul Raqeeb MJ, President of Cosmos Sports Centre Ismail Anjum, Managing Director of Mohtisham Complexes S. M. Arshad, former president of the Bhatkal Muslim Youth Federation Imtiyaz Udyawar, among others.
Addressing players and organisers, Khader extended his best wishes to the participating teams and urged the players to uphold the spirit of sportsmanship. He said such tournaments help promote unity and brotherhood among the youth.
The cricket tournament began on November 21 and will conclude with the final match on December 21. It is being organised as part of the golden jubilee celebrations of the Cosmos Sports Centre.
Cosmos Sports Centre is one of the member clubs of the Bhatkal Muslim Youth Federation and is known for its active role in promoting sports in the town. Apart from sporting activities, the centre is also involved in various social and community initiatives, including efforts to promote education among students.
