YSR Congress party president Y S Jaganmohan Reddy is not stinking rich as it is being propagated by his rivals, if one were to go by his mother and party’s honorary president Y S Vijayalakshmi.
“There are allegations that Jagan had amassed wealth worth thousands of crores. But he is not that rich. If he has so much money, why should he sell his cement factory to others?” Vijayamma asked innocently, while addressing a road show in Anantapur.
Well, as per the Lok Sabha records, Jagan is the richest Lok Sabha member so far, with declared assets of Rs 365 crore. If this figure does not indicate one’s richness, what else? His rivals have already pointed out that his Bangalore mansion itself costs nearly Rs 400 crore. And Vijayamma asks why he should sell his cement factory if he had so much money. But Jagan had sold only 51 per cent of the stake in Bharati Cements for which he got nearly Rs 2,000 crore. Is it not big money? Well, only Vijayamma can say that her son is poor!