Pawan owes around 33 crores

Actor turned politician and Jana Sena chief, Pawan Kalyan is all set to contest in the electoral battle for the first time in his political career. He will be contesting for Assembly seat from both Gajuwaka and Bhimavaram. He has filed his nomination from Gajuwaka constituency the other day.

At the time of filing the nominations, Pawan also declared his assets to the Election commission. He has movable assets of Rs. 12 crores and immovable assets of Rs. 40.81 crores. Pawan declared that there are about Rs.3.20 crores of assets on the name of his wife and children.

Pawan declared a debt of Rs. 33.72 crores. He owes Rs. 5.5 crores to Naveen Yerneni of Mythri Movie Makers, Rs. 3 crore to M. Praveen Kumar, Rs.2 crores for Balaji Cine Media, Rs. 1.07 crore for Surekha Konidela, Rs. 27 lakhs for SVCC and Rs. 25 lakhs for Haarika Haassinee Creations.