Lok Sabha Part-4: Meet Richest Candidate With Belongings Value Rs 5,700 Crore

Lok Sabha Elections 2024: The stage is about for the fourth section of voting within the Lok Sabha elections in 2024. Within the fourth section of Lok Sabha elections, votes can be forged for 96 seats throughout 10 states. On this section, a complete of 1,717 candidates are within the fray. A candidate from Andhra Pradesh is the richest amongst them. He’s Chandrasekhar Pemmasani, the Telugu Desam Occasion (TDP) candidate from the Guntur Lok Sabha constituency in Andhra Pradesh. In keeping with the affidavit submitted by Pemmasani to the Election Fee, his complete property quantity to Rs 5,700 crore, together with movable property price Rs 5,598 crore and immovable property price Rs 106 crore.

Pemmasani is contesting in opposition to Venkatesh Roasaya, a Congress Occasion MLA from Ponnur constituency and the son-in-law of former Union Minister M. Venkateswarlu. That is Pemmasani’s first election. The voting for the Guntur Lok Sabha seat within the fourth section 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 At 48 years outdated, Pemmasani can also be the founding father of the net studying platform YouWorld. He’s a medical physician who accomplished his MBBS from NTR College of Well being Sciences, Vijayawada, in 1999. Moreover, he obtained an MD in Inside Medication from Geisinger Medical Middle, Danville, Pennsylvania, in 2005.

In keeping with studies, Pemmasani has invested in over 100 publicly traded American corporations, together with Microsoft, Coca-Cola, Uber Applied sciences, and Apple.

As per the affidavits filed by Chandrasekhar Pemmasani, he has money owed of roughly Rs 1038 crore. Moreover, 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.

In keeping with the report by the Affiliation for Democratic Reforms (ADR), out of over 1,700 affidavits filed by candidates for the fourth section scheduled for Might 13, a complete of 476 candidates are millionaires. In the meantime, 24 candidates have declared that they don’t possess any property.



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