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Amid swirling speculations about a potential switch to the Bhartiya Janata Party (BJP), former Madhya Pradesh chief minister Kamal Nath, accompanied by his son and MP Nakul Nath, arrived in the national capital on Saturday.
While Congress leaders in Madhya Pradesh have sought to downplay the rumors, Kamal Nath neither confirmed nor denied the reports, stating that he would inform the media first if such a decision were to be made.
Pressed on the matter, Kamal Nath responded, “It is not about denying, you are saying this, you people are getting excited. I am not getting excited, this side or that side, but if there would be any such thing, I would inform you first.”
Kamal Nath, a former Lok Sabha member from Chhindwara in Madhya Pradesh, has been a prominent figure in the state’s political landscape. His son, Nakul Nath, succeeded him in the 2019 Lok Sabha elections, securing the Chhindwara seat even as the BJP dominated the state by winning 28 seats.
Speculation intensified after Nakul Nath removed “Congress” from his social media bio, identifying himself solely as the Member of Parliament for Chhindwara.
Meet Nakul Nath, the Richest Lok Sabha MP:
Nakul Nath clinched the Chhindwara Lok Sabha seat in 2019, defeating his nearest rival from the Bharatiya Janata Party (BJP) by over 37,536 votes.
Educated at Boston Massachusetts’ Bay State College, Nakul holds a degree in Business Administration and is recognized as a successful entrepreneur.
According to Myneta.info, Nakul boasts assets exceeding ₹660 crore, diversifying his financial portfolio through investments in various companies’ shares, bonds, and debentures.
In addition to stock market investments valued at approximately ₹6 crore, Nakul and his spouse accumulated assets exceeding ₹8.60 crore across 11 bank accounts. The bulk of these funds, over ₹8.30 crore, was deposited in a bank in Dubai.
Furthermore, Nakul had investments of ₹29 lakh in PPF, ₹2 lakh in LIC, and held insurance policies worth ₹70 lakh in 2019.
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