If Rayadurg Assembly constituency today puts its seal of approval on the TDP candidate G Deepak Reddy (`6,781 crore), the AP Assembly will have the richest MLA in its rank. If he loses, he would still be holding the record of being the richest politician if one discounted the Mysore scion Raja Srikantadatta Narasimharaja Wadiyar.
While going to press, Rayadurg had crossed 15 per cent polling. Reddy has so far been going fairly well.High pedigree Reddy is the son-in-law of former Congress minister JC Pratap Reddy, who is the brother of senior Congress leader JC Diwakar Reddy. He is nephew of police chief V Dinesh Reddy.
The 39-year-old Deepak Reddy is a little known politician and new entrant to the TDP. Deepak is a commerce graduate from Hyderabad and had a masters in management from US-based Widener University.
Deepak is facing stiff competition from incumbent MLA and YSR Congress leader K Ramachandra Reddy and ruling Congress candidate P Venugopal Reddy.
However, many of Reddy’s immovable assets are entwined in legal wrangles. Deepak was booked by Hyderabad police on criminal charges of trespassing, damage to property and intimidation.
In Anantapur alone, a land measuring 6,200 acres is also entangled in legal hurdles. He says most of his assets are immoveable property and admits many of them face legal issues.
Reddy has told the media that he wanted to prove to be different and honest unlike many of the others who are hiding facts. In all, 18 Assembly constituencies and 1 Lok Sabha constituency are witnessing polling today.
The common complaint is that most millionaires in the fray are eager to hide rather than to reveal. Deepak Reddy says he comes as a refreshing change.Reddy’s immediate rivals however portray his ‘honesty’ as a ploy intended to attract people’s attention.