Jagan’s Poor Candidate Declares Rs 161 Crores Assets

SIBY JEYYA
At the kurnool district Memantha Siddham program, chief minister YS jagan Mohan reddy presented butta renuka, the party's nominee for yemmiganur MLA, as an ordinary person with a mediocre financial situation. The opposition leaders quickly noted that Butta is among the wealthiest politicians in the state of andhra pradesh and that it was humorous to watch jagan present her as an average person with mediocre finances. This set off a chain of bizarre reactions.
 

Butta Renuka officially made her assets known yesterday when she submitted her nomination, and she is by no means a weak contender. The combined assets of butta renuka and her spouse Siva neelakanta are Rs 161.21 crores. Strangely yet, the Butta family's holdings have decreased since 2014, when they were reported to be worth Rs 242 crore.
In addition to holding significant stock in Tejaswi Jewellers, Butta Hospitals, Butta Infrastructures, and several other businesses, the Butta family owns numerous honda and Tata auto dealerships. Four income tax irregularity proceedings are pending against the Butta family. One case is ongoing in kurnool, while the other three are in Hyderabad. This year, butta renuka is running for office from Yemmiganur.
 

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