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TRS chief K Chandrasekhar Rao declares assets worth Rs. 17 crore

Sangareddy, Andhra Pradesh: TRS chief K Chandrasekhar Rao (KCR), who filed his nomination 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

PTI [ Updated: April 10, 2014 12:10 IST ]
trs chief k chandrasekhar rao declares assets worth rs. 17
trs chief k chandrasekhar rao declares assets worth rs. 17 crore

Sangareddy, Andhra Pradesh: TRS chief K Chandrasekhar Rao (KCR), who filed his nomination 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, KCR has Rs. 9,90,000 cash in hand and pegged his income in the financial year 2012-13 at Rs. 6,59,684.

As per the affidavit filed along with the nomination papers, the TRS chief, who has declared business and agriculture as his profession, has liabilities of Rs. 7 crore, including a loan.

The affidavit said KCR has 60 grams jewellery worth Rs. 1,80,000. KCR's wife Shobha has Rs. 1,50,000 cash in hand and 650 grams jewellery worth Rs. 19,50,000.

The KCR or his family members do not own any car or vehicle.

The affidavit says KCR has two pending cases against him wherein charges are framed by respective courts under offences punishable with imprisonment of up to two years.

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.

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