Tirupati Mayoral Candidates Declare Assets, Debts, Criminal Cases

Candidates of the Telugu Desam and YSRC for the Tirupati mayor’s post have declared their assets and liabilities in their election affidavits. TD candidate J.B. Srinivas reported having family assets of Rs 11.13 crore while YSRC candidate Y. Vasudeva Yadav declared movable assets of `31.09 lakh for himself and his wife.

According to the affidavit, Srinivas has movable assets worth around Rs 3.07 crore and immovable assets valued at Rs 8.05 crore. His movable assets include cash, bank deposits, vehicles and gold jewellery. He declared having 220 grams of gold jewellery in his name and 550 grams in his wife Rajyalakshmi’s name, with a combined value of around Rs 1 crore.

Srinivas’ immovable assets include 5.05 acres of agricultural land in Tirupati rural, commercial and residential properties in KR Nagar and agricultural and non-agricultural land in Tiruchanur. He also holds rights in 12 plots in JB Enclave.

The family has liabilities of around Rs 2.51 crore to banks and financial institutions. Srinivas, who completed B.Com, has three pending criminal cases, one registered at SVU police station and two at Tirupati Rural police station.

Vasudeva Yadav has declared movable assets worth Rs 11.43 lakh, while his wife N Vineela, a government doctor, has movable assets worth `19.66 lakh. His assets include Rs 2 lakh in cash, bank deposits, two two wheelers and 25 grams of gold jewellery. His wife has declared having Rs 50,000 in cash, a car valued at Rs 12 lakh and 50 grams of gold jewellery.

Neither of them has declared having any immovable property.

Vasudeva, who holds a Physiotherapy degree from NTR University of Health Sciences, has declared he has no personal liabilities. His wife has an overdraft of `30 lakh with Bajaj Finance and a car loan of Rs 7.22 lakh. He has disclosed having more than 18 pending criminal cases registered at various police stations in Tirupati.