Andhra Pradesh Chief Minister N Chandrababu Naidu’s son N Lokesh’s personal assets have drastically increased from Rs 14.50 crore in October 2016 to around Rs 330 crore by the end of February as he declared their true market value. Lokesh filed an affidavit declaring his and his family’s assets to the Election Commission when he filed his nomination to contest for a berth in the Legislative Council. In October 2016, Lokesh had declared total assets of Rs 14.50 crore and liabilities of Rs 6.35 crore. His wife Brahmani owned assets worth Rs 5.38 crore while his one-year-old son Devansh owned assets worth Rs 11.17 crore, including a inherited house valued at Rs 9.17 crore and Rs 2 crore in fixed deposits. Speaking to The Indian Express, Lokesh said he did not acquire assets in the last five months.
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