HYDERABAD: Kompella Madhavi Latha, the BJP candidate for the Hyderabad Lok Sabha seat, has declared her household property price Rs 221 crore in an affidavit submitted to the Election Commission. According to her earnings and property declaration, Madhavi Latha and her husband Kompella Viswanath, and their three dependent kids, have movable property of Rs 165.46 crore. Interestingly, the couple has immovable property of Rs.55.91 crore. Based on her earnings and property declaration, she is without doubt one of the richest candidates in Telangana.Â
Movable Assets And Income
In her affidavit, Madhavi Latha declared that she has movable property of Rs 31.31 crore together with funding of Rs.25.20 crore in listed and unlisted firms. Besides, she has investments of Rs 7.80 crore in Virinchi Ltd and owns gold jewelry price ₹ 3.78 crore. Her husband has movable property of Rs 88.31 crore together with shares price Rs 52.36 crore in Virinchi Ltd. Their three dependent kids additionally personal complete movable property of over Rs 45 crore.
Madhavi Latha’s affidavit mentions the couple as enterprise individuals. The BJP candidate has properties price Rs 6.32 crore, and her husband’s properties are valued at Rs 49.59 crore. These embody buildings and land in and round Hyderabad.
Interestingly, Madhavi Latha has money owed of Rs 90 lakh, whereas her husband owes Rs 26.13 crore. Her earnings final yr was Rs 3.76 lakh, Madhavi Latha’s earnings throughout 2022-23 was Rs 3.76 lakh whereas it was Rs 1.22 crore throughout 2021-22. Meanwhile, her husband Viswanath earned Rs 2.82 crore final yr, down from Rs 6.86 crore the yr earlier than.
She additionally has one felony case registered towards her. The case towards Madhavi Latha was registered final week at Begum Bazar Police Station below Indian Penal Code (IPC) part 295-A. She is alleged to have made an inappropriate gesture of drawing an imaginary arrow and taking pictures on the Masjid positioned on the circle of Siddi Amber Bazar.
How Rich Is AMIM’s Asaduddin Owaisi?
Meanwhile, her AIMIM rival and sitting Hyderabad MP Asaduddin Owaisi has declared household property price over Rs 23.87 crore. In 2019, the AIMIM chief declared of property price Rs 13 crore. While he doesn’t personal a automotive, his spouse owns movable property price Rs 15.71 lakh and immovable property price Rs 4.90 crore. Owaisi, nonetheless, owns two weapons – one NP Bore .22 Pistol and one NP Bore 30-60 Rifle, based on his affidavit.
The AIMIM chief owns no agricultural or non-agricultural land or industrial buildings. His residential constructing at Shastripuram has been valued at Rs 19.65 crore. Owaisi has one other home price Rs 96 lakh in Misrigunj which was a present, based on his affidavit.
Madhavi Latha, 49, resides within the twin metropolis of Secunderabad and joined the BJP not too long ago. She is making her electoral debut as BJP candidate from the Hyderabad seat and faces AIMIM MP Asaduddin Owaisi within the elections.
