Rs 10 lakh! My donation for Kiran New Party!!

Update: 2014-02-24 15:27 GMT
Former minister DL Ravindra Reddy predicted former CM Kiran Kumar Reddy willn't be floating a new party as speculated by the media. "I believe Kiran Kumar Reddy will hold a press meet but doesn't float a political party. If he really launches a party, I will offer Rs 10 lakh white money as a donation. I would surely keep my promise," he declares.

DL ruled out the chances of President's Rule in AP. "According to the information I have, no chances for imposing President's Rule in the state as everyone believes a Government rule is the best option," he told.   

DL Ravindra Reddy and Kiran Kumar Reddy haven't been on talking terms for sometime now. DL never wasted any opportunity to criticize Kiran from the time he was made CM.
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