Begin typing your search above and press return to search.
Minister Narayana Financial Secrets Revealed
By: Tupaki Desk | 12 Aug 2014 7:51 AM GMTHe never in politics till the recent elections, at least he never competed for nominated posts also. But suddenly he becomes cabinet minister for one of the main ministry. It’s come to known that AP CM Chandra Babu given this honor for Minister Narayana for his Financial and moral help to the party in securing required mandate. As per sources, due to these reasons only Narayana honored by cabinet minister even though he don’t have any political background.
Not only in the politics, Narayana also famous in education sector with his Techno schools and colleges etc. It’s a big question for people about his assets due to his various businesses. For this question Narayana answered indirectly. Minister Narayana is not an elected MLA but he is in cabinet, it means he supposed to be elected to assembly with in next six months as per rules. Considering this Chandra Babu offered an MLC seat for him. As part of filling nomination for these MLC post Narayana given his financial declarations to EC.
In these forms Narayana declared 445 crores as his family assets, in that only 71.5 lakhs he secured from his ancestral properties. All other income he owned from his own businesses. Looks he had earned much money from his colleges and schools only. He also declared around 30 crores as debts in these. Of course Narayana declared 445 crores officially but do you trust this much only his income in all these years?