With Rs 895 crore assets, Cong’s Visheshwar Reddy richest politician in Telugu states

Hyderabad: Konda Vishweshwar Redday, the Congress candidate from Telangana’s Chevella Lok Sabha constituency, declared family assets worth Rs 895 crore, making him the richest politician in both the Telugu states, reported IANS.

Reddy owns movable assets of Rs 223 crore, while the movable assets of his wife K Sangita Reddy, Joint Managing Director of Apollo Hospitals stood at Rs 613 crore. The movable assets of their dependent son were nearly Rs 20 crore.

However, none of the family members own a car or any other motor vehicle.

Reddy also has immovable assets worth of Rs 36 crore while the same of his wife are valued at Rs 1.81 crore.

KV Reddy submitted an affidavit declaring his and family assets while filing nomination on Friday.

In 2014, he declared family assets of over Rs 528 crore. He had then contested and won as a TRS candidate and later joined Congress on the eve of the Assembly election in December 2018.

Andhra’s Cabinet Minister P Narayana declared family assets of Rs 667 crore on Friday while filing nomination for state Assembly from Nellore constituency.

Andhra Pradesh Chief Minister N Chandrababu Naidu declared his assets worth Rs 574 crore while YSR Congress Party chief YS Jaganmohan Reddy and his wife own assets over Rs 500 crore.