According to an election affidavit she filed, the family has movable assets worth ₹165.46 crore including three dependents and immovable— ₹55.92 crore.
Madhavi Latha on the way to file nomination. (X)
BJP candidate from Hyderabad Lok Sabha constituency K Madhavi Latha on Wednesday, 24 April, declared her family assets, both moveable and immovable worth ₹218.38 crore.
Latha’s family has liabilities to the tune of ₹27 crore.
Latha today submitted her nomination papers for the election to be held on 13 May.
The BJP candidate’s family owns 2.94 crore shares of Virinchi Ltd valued at ₹94.44 crore. Latha’s husband Vishwanath Kompalle, an IIT Madras alumni is the founder of the fintech and healthcare company.
According to an election affidavit she filed, the family has movable assets worth ₹165.46 crore including three dependents and immovable— ₹55.92 crore.
She will take on All India Majlis-e-Ittehadul Muslimeen (AIMIM) chief and sitting MP Asaduddin Owaisi and the Congress has announced Mohammed Waliullah Sameer as its candidate.
She mentioned that she possesses a Masters degree in Political Science.
Owaisi has declared family assets at ₹23.87 crore and liabilities of ₹7 crore.
He possessed a pistol and a rifle, according to his affidavit filed on 19 April.
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