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TDP’s candidate Deepak Reddy has assets more than 6000 cr, Hyderabad

Telugu Desam candidate possesses an asset of 6000 crore rupees. As per his declaration for the assessment year 2009-10, Deepak had an annual income of just Rs 3.27 lakh while his wife’s income was Rs 1.98 lakh. Yet amazingly, the couple now have Rs 6.35 crore-worth movable assets apart from Rs 21 crore-worth immovable assets.

Hyderabad city police has already registered several cases against him for criminal trespass, intimidation, damage to property and other related activities. Though the 10th special magistrate court in Khairatabad took cognisance of the charges, Deepak got a reprieve when the Andhra Pradesh High Court ordered a stay on further proceedings in the case.

The 39-year-old owner of Great India Mining and Great India Rock Minerals is married to the daughter of JC Prabhakar Reddy, a former minister and senior Congress leader from Anantapur district. Incidentally, the latter is the brother of Congress MLA JC Diwakar Reddy.

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