Speaker Kodela Makes Sensational Statements About Election Expenditure

21 Jun, 2016 17:49 IST

Hyderabad: Kodela Siva Prasad Rao’s statements saying he had spent a lot of money at the time of elections had become a sensation. MLA of Sattenapalli constituency of Guntur district and speaker of AP assembly, Kodela Siva Prasad Rao had attracted the attention of everybody with his sensational statements saying he had spent Rs.11.5 crore in the last elections. This is now the topic of discussion in political circles as well as judicial circles.

Answering the questions posed by a news channel journalist, Kodela stated that he had entered politics in 1983 and at that time he had to spend Rs.30,000 and this amount included donations from rural areas and people. But in the recent elections, he had to spend Rs.11.50 crore, he said. To spend such a huge amount, he should have either done corruption or sold his assets or both. Usually some candidates borrow it from an MP. “Money has earned a crucial place in politics lately and this is nothing to feel proud of. People think it is ok to take money from politicians as they earn a lot of money and politicians think it is ok to go corrupt in order to earn the money back”, remarked Kodela.

Election commission regulations pose a limit to the amount of money spent on elections by every candidate of Loksabha seat or assembly seat. According to the regulations in AP and Telangana, a candidate of assembly can spend only Rs28 lakh and a candidate of Lok Sabha can spend up to Rs.70 lakh. In smaller states like Haryana and Meghalaya, the limit is only Rs.22 lakh and Rs.54 lakh respectively.

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