Lokam Madhavi, JSP candidate from Nellimarla, declares assets worth Rs 894 crore!
According to her affidavit, Madhavi shared that she has Rs 4.41 crore in bank and Rs 1.15 lakh as liquid cash.
- Andhra Pradesh
P Krishnamurthy- Updated On:20 April 2024 10:11 AM GMT
VIJAYAWADA: Lokam Madhavi, who is contesting on behalf of the Jana Sena Party (JSP) from Nellimarla in united Vizianagaram district, has disclosed assets worth Rs 894 crore.
According to her affidavit, Madhavi shared that she owns a company called Miracle Software Company and has assets in the form of educational institutions, lands, cash and bank deposits. Madhavi shared that she has Rs 4.41 crore in bank and Rs 1.15 lakh as liquid cash.
As per her declaration, movable assets are valued at Rs 856.57 crore and fixed assets at Rs 15.70 crore. She added that she has debt of Rs 2.69 crore. The process of filing of nominations in Andhra Pradesh and Telangana began on April 19, 2024. It looks like the number of millionaires standing in the election ring is likely to increase by the end of this week.
