YSRCP ridicules Naidu’s assets declaration

Questioning the veracity of the assets declared by TDP President N Chandrababu Naidu, YSRCP spokesperson Jupudi Prabhakara Rao has said the data is a bundle of lies and contradicts the previous versions.
Speaking to media persons in Hyderabad on Thursday, he said,” Chandrababu Naidu has made a mockery of the declaration of assets and the figures for this year seem to be concocted as there is a decrease in value of assets owned by him and his family members.”
This apart, a bird’s eye view of the statements right from the Tehalka exposure that he is worth Rs 2,000 Cr to his own declaration while he was Chief Minister in 1999 and the subsequent affidavits filed during the 2004 and 2009 elections do not match and contradict each other.
Last year, the TDP leader has pegged his personal assets at over Rs 39 Cr and in 2012, he deflated it to Rs 31-odd Cr. A similar pattern is followed while declaring the assets of his wife N Bhuvaneswari and son N Lokesh.
“The assets must have been depreciating proportionately with TDP’s vote bank which fell from 48 per cent to 18 per cent,’ he said, adding that the exercise was only to give a build-up to his ensuing Padayatra.
Trying to emulate YSR, he announced Padayatra but his priorities are well documented and people are aware of his policies. While there is exodus from TDP with leaders and cadre leaving the party in droves, Chandrababu Naidu has made the declaration of assets as a ritual which lacks sincerity and proper evaluation, he said.
His own house is not in order with infighting going on and the party is distressed with dissent as the cadre is not in a position to believe Naidu as he lost credibility and reliability, Prabhakara Rao said adding that he quickly changes stand as he once called Anna Hazare the crusader of corruption and later retracted his opinion.
Even a recent survey on corporate funding to Political Parties has clearly mentioned that TDP got the maximum funding from Corporate Houses in Andhra Pradesh.
Declaration of assets, which is far from truth, is tantamount to misguiding the people and his riches are well chronicled from the source to the camouflage, he said.
Only corporate houses declare the financial results which is mandatory and individuals file IT returns but Naidu trying to project his virtues with the mismatched declarations will further dip his image as people are aware that this exercise is aimed at boosting his sliding popularity ratings ahead of the Padayatra, he said.

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