Summary:
During the raid, I-T sleuths claimed that he had undeclared income worth Rs 120 crore and had also found new Rs 2000 notes and Rs 100 notes worth Rs 1.1 crore. A Kuruba, he has dedicated a temple in Garudacharpalya to Lord Manjunatha.In the 2013 assembly elections, Nagaraju declared assets worth Rs 709 crore. His wife, M Shanthakumari, had assets worth Rs 197 crore. In his affidavit filed for the 2018 assembly elections, Nagaraju had declared assets worth Rs 1,015 crore and his liability is around Rs 200 crore.Nagaraju declared that he is an agriculturalist and a businessman. The MLA is now popularly known as MTB Nagaraju and his company is among the top three brick companies in Bengaluru.He launched the company by converting a small shed into a factory..