The Chief Minister Nara Chandrababu Naidu has Rs 2.99 crore net assets, announced his son and Minister for IT and Panchayat Raj Nara Lokesh on Wednesday in a press conference here in Undavalli in Guntur district.

Chandrababu Naidu has liabilities worth Rs 5.31 crore and total assets worth Rs 8.31 crore.

He has balance in his savings accounts worth around Rs 4.8 lakh in Banks. Still he holds the Ambassador car of 1993 model, worth around Rs 1.5 lakh.

Nara Bhuvaneswari, wife of Naidu holds net assets worth Rs 31 crore and total assets holds around 53.3 crore. 

Lokesh has net assets worth Rs 21.4 crore by March 31, 2018. He holds a total assets of Rs 27.29 crore. He has liabilities of Rs 5.88 crore.

He said that his wife Nara Brahmani holds Rs 7.72 crore as net assets and Rs 13.38 crore as total assets.

Nara Devansh, son of Lokesh has total assets worth Rs 18.71 crore.