Andhra Pradesh Chief Minister N.Chandrababu Naidu on Friday announced his and his family members’ properties.
Addressing a press conference, he declared that his personal assets valued at Rs.70.69 lakhsAs per the assets declared by him, his wife Bhuvaneswari possessed net assets worth Rs 46.88 crore.Chandrababu’s son Lokesh Babu’s net assets are worth Rs 11.04 crore lakh and Lokesh’s wife Brahmani has total assets worth Rs 5.32 crore.
He also said that his bank balance, provident fund of his wife and also gold ornaments have increased compared last year.Naidu said that the worth of his Jubilee Hills residence is Rs 23.2 lakhs while his Ambassador car was worth Rs 1.52 lakhs.He said that the details of his properties will be sent to the Assembly ethics committee.
Referring to Heritage Foods Ltd, for which Bhuvaneswari is vice-chairman and managing director, he said the company was being run on professional lines and that it had 15 percent growth and paid 30 percent divided to shareholders.The Chief Minister said that the Heritage Foods turnover is Rs 1,722 crore.
