Karnataka Minister N Nagaraju Declares Assets Worth ₹ 1,609 Crore

Considered to be one of the richest politicians withinside the country, Karnataka Minister N Nagaraju (MTB) has declared overall belongings really well worth ₹ 1,609 crore, even as submitting the nomination for May 10 Assembly polls withinside the state. He filed the papers on Monday because the ruling BJP`s candidate from the Hoskote Assembly segment, at the outskirts of Bengaluru.

In his election affidavit, Mr Nagaraju, who has stated his profession or career as agriculturist and enterprise, alongside together along with his spouse M Shanthakumari, a housewife, collectively personal movable belongings really well worth ₹ 536 crore.

The couple’s immovable belongings are really well worth ₹ 1,073 crore, Mr Nagaraju, who’s presently a MLC, in June 2020, even as contesting the Legislative Council election, had declared belongings really well worth about ₹ 1,220 crore, alongside together along with his spouse.

In the affidavit filed nowadays in conjunction with nomination, the couple have declared overall liabilities of ₹ 98.36 crore.

Mr Nagaraju, 72, who has studied as much as Class 9, has distinctive his supply of profits as agriculture, residence belongings, enterprise and different sources, and that of his spouse additionally to be residence belongings and different sources.

Mr Nagaraju withinside the 2018 Assembly polls had received from Hoskote Assembly segments from Congress. He changed into one of the 17 MLAs who later defected from the birthday birthday celebration that caused the crumble of Congress-JD(S) coalition authorities in 2019.

In the sooner or later held bypolls he misplaced from Hoskote towards impartial candidate Sharath Bachegowda, who’s now with Congress. Both who’ve became out to be sour rivals, are dealing with every different as soon as again.