Continuing the practice of declaring his and his family’s assets, Telugu Desam Party chief N Chandrababu Naidu on Monday said during the last financial year (2013-14), their total worth was Rs 63.20 crore. Addressing a press conference, he declared that his personal assets valued at Rs. 70.69 lakhs as against Rs. 42.06 lakh last year.
As per the assets declared by him, the TDP chief has total assets worth Rs 70.69 lakh, while 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. Chandrababu and his family assets showed increase over last year.
Chandrababu Naidu said at a news conference that though there was no need for him to declare assets, he was doing so to set a healthy tradition in public life. He said he was declaring his and his family assets for the fourth time. He said from next time his family members will announce their own assets. Mr Naidu said that Nirwahana Holdings properties increased by Rs 90 lakhs. 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. Naidu said that his properties detiails will be sent to the Assembly ethics committee.