Kavitha owes Rs 2.27 cr to banks

Update: 2019-03-24 02:41 IST
Kavitha owes Rs 2.27 cr to banks

Hyderabad : TRS candidate from Nizamabad Lok Sabha constituency K Kavitha has said she owed nearly Rs 2. 27 crore to several banks. She took loans for personal use and also to buy Fortuner vehicle.

According to affidavit filed by Kavitha along with the nominations, Kavitha revealed that she owned Rs 5.55 crore worth immovable assets, including a commercial building in Hyderabad, and Rs 2.08 crore worth of movable assets which includes bank deposits and insurance.

The total assets registered in the name of her was Rs 7.50 crore and her husband Anil possessed Rs 9.70 crore worth of assets. 

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