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Chandrababu Naidu's Assets Just Rs. 42 Lakhs

Nara Lokesh, the son of Andhra Pradesh CM Chandrababu Naidu, today declared his family's assets, including those of his father.
Hyderabad | 26th September 2015
Nara Lokesh, the son of Andhra Pradesh Chief Minister N Chandrababu Naidu and the convener of the TDP Workers' Welfare Fund, today declared his family's assets, including those of his father.

Addressing the media at NTR Trust Bhavan on Saturday, Lokesh said that his father's assets were valued at Rs 42 lakhs, and his mother Bhuvaneshwari's assets were estimated as worth Rs 33.7 crores.

His wife Brahmani's assets' value was Rs 4.77 crores, and his own assets were worth Rs 7.57 crores, he added.

Nirvana Holdings' assets were estimated at Rs 1.37 crore.

He said that his family was getting Rs 30 crores in income each year from Heritage Foods, which had assets worth Rs 913 crores.

He clarified that family firm Heritage Foods was not getting any concessions from the government.

Referring to allegations against his family's assets, the TDP youth leader said, "If anybody proves that we have more assets than declared, we will donate them immediately."
filed in:  Nara Lokesh, Chandrababu Naidu, Andhra Pradesh
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