In the 2018 elections, KCR had declared assets of Rs 22 crore. He also declared that he did not own any car even in the past. In 2015, however, CM’s convoy included four Toyota Landcruiser Prados.
On Thursday, K Chandrasekhar Rao declared family assets worth nearly Rs 59 crore, including “Hindu Undivided Family” and liabilities of Rs 25 crore. The affidavit, as per PTI, said his wife Shobha had a gross total value of movable assets of Rs 7 crore and Hindu Undivided Family was over Rs 9 crore. She also possessed 2.81 kg of gold jewelry, diamonds and other valuables worth nearly Rs 1.5 crore. KCR’s immovable assets according to the current market are valued at Rs 8.50 crore and Rs 15 crore in the name of HUF, as per the affidavit.
Rao’s son, K T Rama Rao, the Working President of the BRS, and his family revealed in the affidavit they filed with their nomination that they have total assets of Rs 54.27 crore.
The affidavit states that Shailima, the wife of Rama Rao, possesses movable assets valued at Rs 26.4 crore, which include valuables and 4.5 kg of gold ornaments.
KCR, who graduated with a Bachelor of Arts (BA) from the Government Degree College in Siddipet, has nine criminal cases against him, all of which were filed during the Telangana Statehood movement.
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