Lokesh to announce his assets

Amaravati: Nara Lokesh, Minister for IT is likely to announce his assets today, as part of their yearly announcement. Along with his, he will also announce his father and Chief Minister N Chandrababu Naidu’s assets, according to the sources. 

It is worth to mention here that, he revealed that he had a total assets worth Rs 26.39 crore, bank loans and advances of Rs 11.17 crore. He had net assets of Rs 15.21 crore, by that time. His wife, Nara Brahmani had net assets of around Rs 15 crore.

Their son Nara Devansh had fixed deposits worth more than Rs 11.5 crore by 2017 end. While his father, Chief Minister N Chandrababu Naidu had Rs 2.53 crore net assets.

This is going to be the second time revealing the assets by Lokesh as Minister. Before that, Chandrababu Naidu had been announcing their family assets details to ensure transparency in holding the offices.