TRS chief K Chandrasekhar Rao is worth Rs 17 crore but doesn't own a car

TRS chief K ChandrasekharRao, who filed his nominations for Medak Lok Sabha today, hasdeclared his total assets at Rs 16,94,82,464 but neither henor his family owns any vehicle.

Of the total movable and immovable assets, KCR hasRs 9,90,000 cash in hand and pegged his income in financialyear 2012-13 at Rs 6,59,684.

As per the affidavit filed along with the nominationpapers, the TRS chief, who has declared business andagriculture as his profession, has liabilities of Rs 7 croreincluding a loan.

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The affidavit said KCR has 60 grams jewellery worth Rs1,80,000. KCR’s wife Shobha has Rs 1,50,000 cash in hand and
650 grams jewellery worth Rs 19,50,000.The KCR or his family members do notown any car orvehicle.

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The affidavits says KCR has two pending cases against himwherein charges are framed by respective courts under offences
punishable with imprisonment up to two years.The Congress nominee from Medak seat P.Shravan Kumar Reddy
has declared his total assets–movable and immovable–at Rs5.80 crore including Rs 4 lakh cash in hand.

Reddy’s wife P.Vineela Reddy has cash of Rs 3.50 lakh inhand and total assets of Rs 2.64 crore.

PTI