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Who is TDP leader Magunta Sreenivasulu Reddy, biography, age, wife, son, business and net worth

Magunta Sreenivasulu Reddy is a TDP politician, have a look at his business and net worth

Find out more about him and his recent news.

On 29th March 2024, Delhi Chief Minister Arvind Kejriwal appeared in the Rouse Avenue courtroom amid the chaos surrounding Delhi’s liquor policy scam. As the proceedings ensued, Kejriwal, a prominent figure in the Aam Aadmi Party, found himself embroiled in the legal intricacies of the affair.

Who is TDP leader Magunta Sreenivasulu Reddy, biography, age, family, wife, son, business and net worth

Kejriwal spoke in this tense environment, and the mention of “Raghav Magunta” caused curiosity among those in the courtroom. In a series of revelations, Kejriwal detailed an important conversation he had with Raghav Magunta, the son of TDP MP Magunta Sreenivasulu Reddy.

During this discussion, Magunta asked for his help in obtaining land. While Kejriwal’s narrative unfolded with seven distinct statements, only one mentioned a mysterious figure, Magunta.

The court issued its decision shortly after the hearing. With the victory, the Enforcement Directorate (ED) managed to place Kejriwal in custody until the 1st of April. But in the middle of the legal fracas, Kejriwal’s disclosures about Magunta Sreenivasulu Reddy and his son gave the story a shocking turn.

Since then, Magunta Sreenivasulu Reddy has become a trending topic of discussion, with many people trying to find out more about him. So let’s find out everything about him.

Who is Magunta Sreenivasulu Reddy?

Magunta Sreenivasulu Reddy is an Indian politician, currently associated with the Telugu Desham Party (TDP). He has been in the news because his son, Raghav, is currently an approver in the Delhi liquor policy scam.

He was born on 15 October 1953 in Nellore, Andhra Pradesh. Magunta is married and his wife’s name is Geeta Latha Magunta. He also has two sons; one of them is Raghav.

Magunta is currently 70 years old.

Educational Details
Category: Graduate
B.Com from V.R. College (S V University), Nellore in 1973

Assets: Rs 26,65,83,686 ~26 Crore+
Liabilities: Rs 9,13,02,133 ~9 Crore+

The Magunta family owns Balaji Distilleries and two other companies, and has been in the liquor business for over seven decades and Sreenivasulu Reddy was a prominent member of the alleged ‘South Group’, which allegedly paid a kickback of Rs 100 crore to Kejriwal’s party Aam Aadmi Party (AAP).

Her career

As an Indian National Congress candidate, Magunta Sreenivasulu Reddy was elected to the 12th, 14th, and 15th Lok Sabhas. However, he quit the party in 2014 over the split in Andhra Pradesh. He then joined the YSR Congress Party and was elected to the 17th Lok Sabha.

On February 28, 2024, he ultimately tendered his resignation from the governing YSRCP. He then joined the TDP on 16 March.

He is now running as an NDA candidate from the Ongole constituency in the general election of 2024 in India. He is connected to the excise duty case that resulted in Delhi Chief Minister Arvind Kejriwal’s imprisonment by the Enforcement Directorate (ED).

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