raghu rama krishnam raju companies : Ind-Barath Power Infra Limited – Hyderabad raghu
rama krishnam raju assets : Movable Assets (Rs 199 crores), Immovable Assets (Rs 127 crores),
Total Assets (Rs 326 crores)
raghu rama krishnam raju family : Wife Ramadevi, son Bharat, and daughter Indu Priyadarshini Kanumuru
Raghu Rama Krishna Raju (born 14 May 1962) is an Indian industrialist and politician who is serving as a Member of Parliament (MP) in the 17th Lok Sabha from Narasapuram constituency, Andhra Pradesh. He won the 2019 Indian general election as a YSR Congress Party candidate.
Early life : Raghu Rama Krishna Raju was born on 14 May 1962 in Vijayawada, Andhra Pradesh to Kanumuri Venkata Satya Suryanarayana Raju and Annapoorna. He studied Master of Pharmacy at Andhra University, Visakhapatnam. Political career Raghu Rama Krishna Raju is a politician from YSR Congress Party (YSRCP). He has quit the party in 2014 after not being able to secure the party’s nomination for 2014 Lok Sabha elections and has joined Bhartiya Janata Party (BJP). In 2018, he quit BJP and joined Telugu Desam Party (TDP). Subsequently in March 2019, he joined back YSRCP He has contested in 2019 elections from Narasapuram Lok Sabha constituency as a YSRCP candidate.
He has won the election securing a 38.11% votes polled with a majority of 31,909 votes against TDP’s Vetukuri Venkata Siva Rama Raju. Controversies Raju is an outspoken critic of his party and its chief and current chief minister, Y. S. Jaganmohan Reddy. The differences between them were made public in November 2019 when Raju spoke out against the Andhra Pradesh government’s effort to convert Telugu medium government schools to English medium. Ever since, he spoke against his party and alleged scams in several government schemes. In July 2020, YSRCP appealed to the Lok Sabha speaker to disqualify Raju from him as an MP stating Raju’s anti-party activities as the reason.[5] In October 2020, Raju wrote to Prime Minister Narendra Modi, alleging that Jaganmohan Reddy was promoting evangelism in Andhra Pradesh, in violation of the Indian constitution. In March 2021, Central Bureau of Investigation (CBI) has booked a case against Raju and his family members, who are directors of Ind Bharath Power Gencom Limited on charges of criminal conspiracy, cheating, forgery of valuable security, using forged documents as genuine and criminal misconduct of a public servant.
The case was booked on behalf of a complaint by the State Bank of India alleging that the borrowing company, its directors, and public servants conspired and committed the acts of cheating and siphoned off bank funds to the tune of ₹237.84 crore (US$33 million). In April 2021, he has asked a CBI Special court to cancel the bail granted to Jaganmohan Reddy. He alleged that the chief minister, who is on bail since 2012 against the disproportionate assets case, has violated the bail condition. In May 2021, Raju was arrested by the Andhra Pradesh Criminal Investigation Department (CID) on the charges of sedition for “disturbing communal harmony and attacking dignitaries of the Jagan Mohan Reddy government”.