The nomination process has begun in Telugu states a few days ago. Many MP and MLA candidates have already filed their nominations, and the process continues every day.
Meanwhile, two ultra-rich MP candidates have filed their respective nominations today. They are TDP’s MP candidate from Guntur, Pemmasani Chandrashekar and BJP’s Lok Sabha contestant from Chevella, Konda Vishweshwar Reddy.
Pemmasani declared in his affidavit that he owns assets worth Rs. 5785 crores. He is a doctor by profession and is also an affluent businessman.
The movable assets of Pemmasani and his wife Koneru Sriratna are worth Rs. 2316 crores and Rs. 2289 crores respectively. Their immovable assets are valued at Rs. 72 crores and Rs. 34 crores respectively. Both Pemmasani and his wife’s liabilities are valued at Rs. 519 crores each.
On the other side, Konda Vishweshwar Reddy declared his assets worth Rs. 4568 crores. While he owns assets worth Rs. 1240 crores, his wife Sangeetha Reddy owns Rs. 3208 crores. Their dependant son’s share is valued at around Rs. 108 crores.
The couple has shares in various companies like Apollo Hospital Enterprises Limited, PCR Investments, Citadel Research and Saffron Solutions.
Konda stated that he owns villas in Puppalaguda and agricultural lands in Chevella, Rajendranagar and Chittoor. He declared that he doesn’t have a car on his name and also revealed that he has four criminal cases against him.