TDP's Gudipala ZPTC Candidate Mamatha Sri Declares Rs 172 Crore in Assets
Mamtha Sri, who is contesting as the TDP’s ZPTC candidate from Gudipala, disclosed in her affidavit the total family assets of Rs 172.27 crore.
Chittoor: Candidates contesting the local body elections in Andhra Pradesh are required to disclose their assets through an affidavit submitted along with their nominations. Several candidates contesting for mayor in municipal corporations have declared assets worth crores of rupees. But it is not only the mayoral candidates. A woman candidate contesting as a Zilla Parishad Territorial Constituency (ZPTC) member in Chittoor district also belongs to a family with massive wealth.
As per reports, Mamatha Sri, who is contesting as the TDP’s ZPTC candidate from Gudipala in Chittoor district, declared the total family assets at Rs 172.27 crore in her affidavit. Of this, Rs 9.28 crore is movable property, while Rs 162.99 crore is immovable property. In her name, she listed two scooters, 1.10 kg of gold and 15 kg of silver.
The affidavit states that her husband, Mogileeswara Naidu (Eswara Naidu), owns three transport vehicles and three concrete mixer trucks. It also lists immovable assets worth Rs 119.80 crore in Eswara Naidu’s name and Rs 43.64 crore in Mamatha Sri’s name. These include 44.62 acres of agricultural land and houses valued at Rs 24.89 crore. The properties are located in the Bangarupalem area of Chittoor district as well as in Karnataka. The couple has also taken loans totalling Rs 32 crore.
The State Election Commission has postponed polling for the Mandal Parishad Territorial Constituency (MPTC) and Zilla Parishad Territorial Constituency (ZPTC) elections from November 3 to November 5 because the counting of votes for the urban local body (ULB) elections is to be done on November 3 under the revised schedule.
