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Chandrababu Naidu declares assets of his family which spiked by over Rs. 12.5 cr

Chandrababu Naidu declares assets of his family which spiked by over Rs. 12.5 cr

India Blooms News Service | @indiablooms | 22 Nov 2018, 06:41 am

Hyderabad, Nov 22 (IBNS): The total assets of Andhra Pradesh Chief Minister N Chandrabau Naidu's family have spiked by over Rs. 12.5 crore, media reports said.

Naidu, like every year, disclosed his family's assets to show transparency.

As per Naidu's disclosure, his family's combined assets gone up from Rs. 69.28 crore to Rs. 81.83 crore.

The worth of Naidu's son Nara Lokesh's assets gone up from Rs. 15.21 crore to Rs. 21.40 crore. Lokesh, the business-turned politician, is also the state's information minister.

The value of the assets in the name of Lokesh's son Devaansh has increased from Rs. 11.54 crore to Rs. Rs. 18.71 crore.

Earlier this year, an analysis by the Association for Democratic Reforms had found Naidu's assets worth Rs. 177 crore. The assets were disclosed by Naidu in an election affidavit.

 

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