Wealthiest poll trust was TDP’s top contributor

The only donation made by a company was that of Madhapur-based Butta Foundation.

Published: 26th August 2019 04:07 AM  |   Last Updated: 26th August 2019 04:07 AM   |  A+A-

Andhra Pradesh Chief Minister N Chandrababu Naidu

TDP supremo Chandrababu Naidu

By Express News Service

HYDERABAD: India’s richest electoral trust Prudent Electoral Trust, which was in the news earlier for donating 85 per cent of its total income to BJP in FY 2018, was also found to be Telugu Desam Party’s top contributor for the same period. According to the contribution report TDP submitted to the ECI, the New Delhi-based electoral trust contributed Rs 25 crore to the party in March 2019 in two instalments. 

Top contributors of TDP include party leaders Raghu Rama Krishna Raju Kanumuru with Rs 20 lakh and Srinivasulu Reddy Magunta with Rs 25 lakh. The figures of most others who contributed were between Rs 50,000 to Rs 5 lakh. The only donation made by a company was that of Madhapur-based Butta Foundation.

Stay up to date on all the latest Telangana news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp