YSRC dares Naidu for a probe into declared assets

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YSR Congress dared chief minister Chandrababu Naidu to insitute an independent inquiry into the so-called assets of his family as disclosed by his son Nara Lokesh Naidu to check the genuineness of the figures and facts. The party dubbed the declaration of assets chief minister N Chandrababu Naidu and his family members by Lokesh as ridiculous. Stating that declaration was a futile exercise, full of distortions, only meant at diverting the attention of the people.

‘The declaration pegging the wealth of Chief Minister Naidu at a meager Rs 42 lakhs is ridiculous, going by the scams he is involved in and the house he is rebuilding. These by no means tally to what was declared. We demand an inquiry by a retired judge or a mutually acceptable auditor to vouch for the figures,’ party spokesperson Ambati Rambabu said.

According to Rambabu, Nara Lokesh declaring his assets as Rs 7.67 crores while his mother as Rs 33.07 crore have no basis as the five acre land owned by Nara Bhuvaneswari would be manifold higher that Rs 71 lakh shown by him. The figures simply do not add up. And if the Chief Minister is worth just Rs 42 lakhs there would many buyers to give him four times if he parts with the assets.

‘There was no need for declaring assets, that too with such distortions and no IT returns were attached to substantiate the figures which shows that the entire exercise is aimed at diverting the attention of the people ahead of the capital formation which is deep in scandals,’ he said. When a declaration was given during 2014 elections where was the need for declaring the assets was and the motive behind such a task should be explained in detail by the Chief Minister and his son.

With such a large-scale corruption being exposed in the cash for vote, Chandranna Kanukalu and other scams, the value of assets is much higher than what was declared,’ he said. The government schemes are tailor-made to suit the merchandise available with Naidu’s family Corporate Heritage. Instead of cooking oil, ghee was supplied in Chandranna Kanukalu as oil is not on the catalogue of Heritage Foods, he said.

He brushed aside the allegation about YS Jagan Mohan Reddy assets and said, ‘his wealth is like an open book as investigation is going on and the figures are available to everyone to see.

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