Firebrand ex-MLA from Kodangal and Telangana Pradesh Congress Committee working president A Revanth Reddy on Saturday defended the exponential growth in his wealth, as discovered by the Income Tax department sleuths in the last two days.
Revanth told media that there was absolutely no additional increase in his wealth and properties, when compared to the affidavit submitted during last elections.
“The properties are same, but only the market value of the assets has been gone up,” he said.
The TPCC working president strongly condemned describing the assets of his in-laws as his benami assets.
On the IT raids on his in-laws' house, Revanth asked the government to first go through the background of his father-in-law Padma Reddy.
“He is a crorepati in Madgul village. Let the government conduct an inquiry into his properties. How can he become my benami?” he asked.
He also came down heavily on TRS party saying that the party is planning to send him to jail fearing of losing elections.
He thanked the Congress leaders for being with him for the past three days.
