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VH's Bracelet sold out for Rs 20 Lakh

By:  Tupaki Desk   |   16 Jun 2017 9:15 AM GMT
VHs Bracelet sold out for Rs 20 Lakh
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On June 1st this year, Congress Party organized grand public meeting in Sangareddy. Former MLA Jagga Reddy made it a huge success by taking the responsibility of total expenses. During this meeting, V Hanumantha Rao introduced Jagga Reddy to Rahul Gandhi and offered full credit for the success of the meeting to him. When Rahul questioned VH what has he done, The Former MP replied: 'What did I have?'. Then, Rahul asked him why don't he offer his bracelet to share the burden on Jagga Reddy.

A day later, V Hanumantha Rao held a press meet and donated his bracelet to Jagga Reddy to prove his loyalty to Congress High Command once again. Jagga Reddy held an auction at the Somajiguda Press Club on Friday to raise money through the sale of the bracelet.

Apart from private parties, Few Congress Leaders attended the auction. The base price of the auction was set at Rs 5 lakh and the deal ended for an whooping Rs 20 lakh. Real Estate firm Krushi Developers bagged the bracelet by shelling such huge amount. Jagga Reddy informed, 'Proceeds of the auction will be offered to mirchi farmers in Khammam (Rs 11 lakh) and Warangal (Rs 9 lakh)'.