Lok Sabha Phase-4: Meet Richest Candidate With Assets Worth Rs 5,700 Crore | India News

0
14
Lok Sabha Phase-4: Meet Richest Candidate With Assets Worth Rs 5,700 Crore | India News


Lok Sabha Elections 2024: The stage is ready for the fourth part of voting within the Lok Sabha elections in 2024. In the fourth part of Lok Sabha elections, votes shall be solid for 96 seats throughout 10 states. In this part, a complete of 1,717 candidates are within the fray. A candidate from Andhra Pradesh is the richest amongst them. He is Chandrasekhar Pemmasani, the Telugu Desam Party (TDP) candidate from the Guntur Lok Sabha constituency in Andhra Pradesh. According to the affidavit submitted by Pemmasani to the Election Commission, his complete belongings quantity to Rs 5,700 crore, together with movable belongings value Rs 5,598 crore and immovable belongings value Rs 106 crore.

Pemmasani is contesting in opposition to Venkatesh Roasaya, a Congress Party MLA from Ponnur constituency and the son-in-law of former Union Minister M. Venkateswarlu. This is Pemmasani’s first election. The voting for the Guntur Lok Sabha seat within the fourth part will happen tomorrow.

Who Is Chandrasekhar Pemmasani?

Pemmasani describes himself on his social media as a politician, physician, entrepreneur, and social employee. At 48 years previous, Pemmasani can be the founding father of the net studying platform YouWorld. He is a medical physician who accomplished his MBBS from NTR University of Health Sciences, Vijayawada, in 1999. Additionally, he obtained an MD in Internal Medicine from Geisinger Medical Center, Danville, Pennsylvania, in 2005.

According to stories, Pemmasani has invested in over 100 publicly traded American corporations, together with Microsoft, Coca-Cola, Uber Technologies, and Apple.

As per the affidavits filed by Chandrasekhar Pemmasani, he has money owed of roughly Rs 1038 crore. Additionally, there’s a police case registered in opposition to him associated to unlawful funds concerning elections and bribery beneath the Indian Penal Code. Pemmasani was given the ticket by TDP, slicing the ticket of highly effective chief and former director of Amar Raja Group, Jala Jayadev. Jayadev retired from politics earlier than the Lok Sabha elections.

According to the report by the Association for Democratic Reforms (ADR), out of over 1,700 affidavits filed by candidates for the fourth part scheduled for May 13, a complete of 476 candidates are millionaires. Meanwhile, 24 candidates have declared that they don’t possess any belongings.



Source hyperlink