T Subbarami Reddy is the richest RS candidate

DC
Published Jan 30, 2014, 2:09 pm IST
Updated Mar 19, 2019, 8:25 am IST
T. Subbarami Reddy is the richest of the 8 candidates in the fray for the 6 RS seats.
T. Subbarami Reddy.
 T. Subbarami Reddy.

Hyderabad: Former Union minister and Congress leader T. Subbarami Reddy is the richest of the eight candidates in the fray for the six Rajya Sabha seats for which polling is to be held.

He has net assets worth nearly Rs 250 crore. Fellow Congressman, Mohammed Ali Khan, is the poorest with assets worth about Rs 68 lakh.

 

According to affidavits filed by the eight candidates, Subbarami Reddy, and his wife, Indira, have assets worth Rs 422.42 crore and liabilities worth about Rs 173.58 crore taking the couple’s net worth to about Rs 248 crore.

Contractor turned politician Adala Prabhakara Reddy declared assets worth about Rs 128 crore and is the richest after Subbarami Reddy.
The other six candidates declared that they were worth less than Rs 50 crore.

Congress leader K.V.P. Ramachandra Rao, declared assets worth about Rs 23 crore and liabilities of about Rs 12 crore taking his net worth to just about Rs 11 crore.

 

Another independent candidate and Chaitanya educational institutions owner K.V.V. Satyanarayana Raju, and his wife declared assets worth just about Rs 40 crore.

Another TD candidate Garikapati Mohan Rao, also declared net worth of about Rs 38 crore. Fellow TD candidate Ramalakshmi declared assets of just Rs 6.5 crore.

TRS leader in the fray K. Keshava Rao, and his wife also have assets worth just about Rs 3.3 crore, while Congress candidate Mohammed Ali Khan is the poorest with net worth less than Rs 1 crore.

Nobody has a criminal case pending against his or her name.

 

Ramalakshmi and Mohammed Ali Khan are the least educated, with the latter not having completed even secondary education. Ramalakshmi has completed secondary education from the Zilla Parishad High School in West Godavari district.

Prabhakar Reddy studied till Pre-University.

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Location: Andhra Pradesh




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