Chandrababu Naidu's grandson richer than him with Rs 18.71 cr assets

Agencies
November 22, 2018

Hyderabad, Nov 22: Andhra Pradesh Chief Minister N Chandrababu Naidu has net assets worth Rs 2.99 crore while his three-year-old grandson Nara Devaansh is richer with assets worth Rs 18.71 crore in his name. Naidu's son and state Information Technology Minister Nara Lokesh declared the family's assets at a press conference on November 21. Lokesh's assets shot up to Rs 21.40 crore from Rs 15.21 crore last year.

Value of Naidu's assets rose by just Rs 46 lakh compared to last year while his debt burden reduced from Rs 5.64 crore to Rs 5.31 crore on a housing loan.

The new house he built in Jubilee Hills, Hyderabad, has been valued at Rs 8.96 crore against Rs 7.75 crore last year.

Naidu's wife Bhuvaneswari is the richest member of the family with net assets worth Rs 31.01 crore, which rose from Rs 25.41 crore last year.

Her "liabilities" too increased from Rs 20.90 crore to Rs 22.35 crore during the year.

Lokeshs wife Brahmani saw her assets decline by half to Rs 7.72 crore from Rs 15.01 crore last year. Her liabilities shot up from 36.14 lakh to Rs 5.66 crore.

Their son Devaansh, however, grew richer by over Rs 7 crore this year with his assets touching Rs 18.71 crore compared to Rs 11.54 crore last year, as per the figures released by Lokesh.

"This is the eighth consecutive year that we have declared our family' s assets and liabilities," Lokesh, who is also the Telugu Desam Partys general secretary, said.

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News Network
May 8,2024

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Mangaluru: Congress leader and five-time Belthangady MLA K Vasanth Bangera, passed away on Wednesday, at a private hospital in Bengaluru on Wednesday. He was 79.

His health condition had worsened recently, and he was shifted to Bengaluru for treatment. His body is likely to be brought to Belthangady on May 9 and will be kept for public homage, family sources said.

He has the credit of contesting from all three parties - BJP, Janata Dal and Congress. Since 1983, he had contested nine assembly elections and won five times.

Bangera had entered the Legislative Assembly by winning Belthangady constituency as a BJP candidate in 1983 against Gangadhar Gowda of the Congress.

He won had the elections again in 1985 and later joined the Janata Dal. However, he lost the election against Gangadhar Gowda of Congress in 1989.

He became an MLA once again for the third time in 1994. In the 1999 election, Bangera lost to his brother Prabhakar Bangera who contested from BJP.

In 2008, Bangera joined the Congress and won the elections for the fourth time. In 2013, he had once again won the elections against Ranjan Gowda of the BJP, but he also lost the elections to sitting MLA Harish Poonja of the BJP in 2018.

He was born to Kede Subba Poojary and Devaki. He is survived by his wife Sujitha V Bangera, and two daughters Preethitha and Binutha.
 

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News Network
May 19,2024

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In a heart-wrenching turn of events, the serene town of Banavasi in Sirsi taluk of Karnataka’s Uttara Kananda district, was struck by tragedy. A young boy lost his life after being struck by lightning on a fateful Saturday evening around 4p.m.

The victim, identified as 16-year-old Sajid Ashfaque Ali, was a bright tenth-grade student at Eden Way High School. Full of dreams and youthful energy, Sajid was enjoying an innocent game with his friends on the Jayanthi High School grounds when the unthinkable happened.

As ominous clouds gathered and rain began to pour, an unexpected bolt of lightning pierced the sky, striking Sajid. His friends watched in horror as he collapsed. Despite the desperate rush to get him to the hospital, Sajid's injuries proved fatal, and he passed away, leaving his family and community in shock and grief.

The rain that had started earlier that afternoon became a backdrop to this devastating incident, casting a pall over the Banavasi police station limits. Sajid’s body has been taken to the government hospital for a post-mortem examination, as the community grapples with the sudden and tragic loss of such a young life.

The tragic death of Sajid Ashfaque Ali is a poignant reminder of the unpredictability of nature and the fragile thread of life. His memory will linger in the hearts of those who knew and loved him, a young life taken too soon.

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News Network
May 10,2024

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The Supreme Court Friday granted interim bail to Delhi Chief Minister Arvind Kejriwal till June 1 in the excise policy case.

The top court, however, stated that it will be passing a detailed order over the matter soon.

On Thursday, the Enforcement Directorate had opposed the move to grant interim bail to Kejriwal saying that “any special concession” to him will “amount to anathema to the rule of law and equality… thereby creating two separate classes in the country viz. ordinary people, who are bound by the rule of law as well as the laws of the country, and politicians who can seek exemption from the laws”.

The ED had arrested Kejriwal on March 21 in the excise policy case.

“The right to campaign for an election is neither a fundamental right nor a constitutional right and not even a legal right,” the ED said, maintaining that to its knowledge, “no political leader has been granted interim bail for campaigning even though he is not the contesting candidate”.

After the ED filed its affidavit, the AAP, in a press release, said, “The legal team of Delhi Chief Minister and AAP National Convenor, Shri Arvind Kejriwal, has raised strong objection to the affidavit filed by the Enforcement Directorate opposing interim bail in the Supreme Court.”

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