Rao, a used MP from the Khammam Lok Sabha seat and promoter of Madhucon Tasks Restricted, had declared sources worth of Rs 113 crore in the most fresh election affidavit.
File picture of used TDP chief Nama Nageswara Rao. (Files18)
Sooner than the Lok Sabha elections in Telangana, one other prominent chief and used MP of the Telugu Desam Occasion (TDP), Nama Nageswara Rao, resigned from his main membership on Tuesday. He is liable to be a a part of the ruling Telangana Rashtra Samithi (TRS) rapidly.
Rao, a promoter of Madhucon Tasks Restricted, is with out doubt one of many richest politicians in the nation and had declared sources worth of Rs 113 crore in the most fresh election affidavit.
Rao has despatched his resignation letter to TDP national president and Andhra Pradesh chief minister Nara Chandrababu Naidu.
In his letter, Rao wrote, “I tried my easiest to bring support the glory of the social gathering. There would possibly maybe be a well-known quiz on the long term of the social gathering in Telangana. Per the aspirations of the other folks, I’m resigning from the social gathering’s main and politburo membership.”
Rao became as soon as an MP from the Khammam Lok Sabha constituency for the period of 2009 and 2014. He lost the final parliamentary elections to Ponguleti Srinivas Reddy of the YSR Congress.
He as soon as more tasted defeat in the most fresh assembly elections when he contested in opposition to TRS candidate Puvvada Ajay Kumar from the Khammam assembly segment.
Rao has been staying a ways from social gathering actions and skipped the TDP’s latest politburo meeting held in Amaravati.
On Monday, Rao met TRS president and Telangana chief minister Okay Chandrasekar Rao at his position.
Sources acknowledged KCR had promised him the Khammam MP mark by replacing the sitting MP, Ponguleti Srinivas Reddy, who too no longer too prolonged ago switched camps and joined the ruling social gathering. Rao is anticipated to be a a part of the TRS on Wednesday.
The Congress is additionally acknowledged to were wanting to bring Rao into the social gathering fold and had reserved the Khammam seat for him. Nevertheless Rao appears to be like to be preferring the TRS over the extensive feeble social gathering.