Believe it or not, the family of YSR Congress party president Y S Jaganmohan Reddy has lost a whopping Rs 14 lakh crore within one day, if one were to go by the statistics provided by the Telugu Desam Party the other day.
A couple of days ago, the TDP leaders released a poster and also a booklet listing out the assets of Jagan and his family members besides his benamis.
According to this list, Jagan, his family members and his benamis had huge immovable assets to the extent of over 2.75 lakh acres and the total income they would be getting over a span of 10 years would be around a massive Rs 16.63 lakh crore. Interestingly, the TDP leaders mentioned that out of this total amount, Rs 14.40 lakh crore would be made only out of Bayyaram iron ore mines in Khammam district through Rakshana Steels, allegedly owned by Jagan’s brother-in-law Anil Kumar.
However, on Monday, the Kiran Kumar Reddy government, with just a stroke of pen, ordered cancellation of the agreement with Rakshana Steels on Bayyaram iron ore mining. Now, the project has gone out of the hands of Jagan’s family, if at all it is true. It does mean Jagan’s family has the lost the opportunity to make Rs 14.40 lakh crore in a single day.
Now, going by the TDP statistics, the Jagan’s family is worth only Rs 2 lakh crore over a period of time. There are other projects in the pipeline for cancellation, like VANPIC and if it happens, the value of Jagan family assets will further go down. Will the TDP revise its statistical jugglery?
