BM Farooq is the richest among Rajya Sabha candidates

[email protected] (CD Network)
June 1, 2016

Mangaluru: Jun 1: Congress MLA BA Mohiuddin Bava's younger brother BM Farooq, who is contesting the Rajya Sabha elections on a JD(S) ticket, is the richest among the candidates who have filed their nominations so far.

bmfarooq1Mr Farooq's total assets are valued at around Rs 750.2 crore, as per the details available on the Karnataka legislature website. Farooq, who filed his nominations on Monday, holds Bachelor of Engineering (Mechanical) and Master of Business Administration degrees. He is the CMO of Fiza Developers and Infratech Pvt Ltd, and the owner of Mangaluru United cricket team.

The total value of immovable assets owned by him and his wife Fousia Farooq are worth Rs 688.14 crore.

He is a shareholder in 16 companies, where his shares are worth Rs 21.75 crore. His wife owns shares worth Rs 2.79 crore. Farooq has declared that his movable assets are valued at around Rs 68 crore.

He owns luxurious assets such as Rado, Rolex, Vangeneous, Cherooli watches, an iPhone, and jewellery worth Rs. 1.05 crore. He also owns a row of high-end cars, including Range Rover (Rs. 1.12 crore), Volkswagen Beetle (Rs. 21 lakh), and Toyota Camry (Rs. 24.14 lakh). All his cars bear the fancy registration number 5555.

B.M. Farooq — JD(S)

* Richest among five candidates who have filed nomination papers.

* Combined value of movable assets (including that of wife Fousia Farooq) — Rs. 750.2 cr.

* Immovable assets — Rs. 544.67 cr. (wife's Rs. 74.37 cr.).

* Liabilities — Rs. 87.06 cr. (wife's Rs. 65.4 cr.).

* Annual income — Rs. 3.38 cr. (wife's Rs. 59.94 cr.).

K.C. Ramamurthy — Congress

* Combined value of movable assets (including that of wife Sabitha Ramamurthy) — Rs. 82 cr.

* Retired IPS officer is chairman of CMR Group of Institutions.

* Total income is Rs. 68.13 lakh (wife's - Rs. 4.2 cr.).

* Movable assets — Rs. 21.06 cr.; immovable assets — Rs. 56.19 cr.

* Liabilities declared — Rs. 12.7 cr.

Oscar Fernandes — Congress

* Total income — Rs. 6.35 lakh (wife's income is Rs. 7.86 lakh).

* Value of movable assets in his and wife's name is Rs. 2.95 lakh. Liabilities — Rs. 5.04 cr.

Jairam Ramesh — Congress

* Movable assets — Rs. 5.79 cr.

* Rs. 25,000 in cash and drives a low-end car worth Rs. 4 lakh.

* Total income — Rs. 53.01 lakh, with movable assets worth Rs. 4.74 cr. in his name. His wife Jayashree K.R. has movable assets worth Rs. 8.93 lakh.

Also Read :

BM Farooq issue: Mohiuddin Bava will not betray Congress, says KPCC chief

CM takes on MLA Bava over BM Farooq contesting RS polls on JD(S) ticket

Comments

kris putnam
 - 
Saturday, 10 Mar 2018

wife (in Burka) earning 59 crore per annum WOW!

Kris Putnam
 - 
Saturday, 10 Mar 2018

Farooq's wifes annual income 59 crore (sitting in Burka at home) !! - how is that?

 

 

I will ask my wife to do that. can I get hat kind of income from my wife... Unless she (obviously he) is doing something else!

Mohammed Ali Kulai
 - 
Thursday, 2 Jun 2016

Wish you All the Best!!!

Mohammed Ali Kulai
 - 
Wednesday, 1 Jun 2016

Congrats !.....Wish u all the Best!!!

Sathish
 - 
Wednesday, 1 Jun 2016

Best of luck sir.
We are going to be employees of your company

SK
 - 
Wednesday, 1 Jun 2016

Good Fekugiri by the cunning and useless OSCAR

Nation First
 - 
Wednesday, 1 Jun 2016

A prominent member of a Chor family of Surathkal. Cheating is their family business.

Samad
 - 
Wednesday, 1 Jun 2016

please calculate his zakath, as its compulsory obligation in islam , and send the poor people, at his door step, its their rights! just in case if he do not pay zakath, then how can we expect he will work for poor?? once he gets elected..???

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News Network
April 16,2020

Bengaluru, Apr 16: Karnataka Chief Minister BS Yediyurappa on Thursday inaugurated a mobile Covid-19 testing booth in Bengaluru.

These mobile booths will be used in all wards of Bengaluru to collect samples of those suspected to be infected.

According to information available on the website of Ministry of Health and Family Welfare, as of Thursday, 4:00 PM, 279 coronavirus cases have been reported from the state, with 80 cured/discharged/migrated and 12 deaths.

India's coronavirus tally is at 12,380 cases, said the Union Ministry of Health and Family Welfare on Thursday.

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News Network
January 5,2020

Dharwad, Jan 5: Hameed Khan, a noted sitar exponent and descendant of renowned sitarist Ustad Rahimat Khan, passed away at his residence here on Saturday night.

He was 69 and survived by wife Fareeda, son Mohsin Khan (a musician) and daughter Arma Khan (an artist).

Hameed Khan taught sitar at Karnatak University’s college of music and also at the family-run music school ‘Bharateeya Sangeeta Vidyalaya’. Several of his disciples who were foreign nationals helped him establish ‘Kalakeri Sangeet Vidyalaya’ at Kalakeri village near Dharwad, which provides music lessons to the deprived.

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coastaldigest.com web desk
July 25,2020

Chennai, July 25: A widow living alone in her apartment in Chennai city suburbs has filed a police complaint against ABVP national president Dr Subbiah Shanmugam, accusing him of harassment, including urinating and throwing used surgical masks at her doorstep.

Shockingly, no action has been taken so far by the police, even though the complaint against Dr Shanmugam, who is in government service, was filed on July 11 at the Adambakkam Police Station here by the widow’s relative Balaji Vijayaraghavan. 

Dr Shanmugam and the 62-year-old widow were living in the same apartment complex in Nanganallur and an argument broke between them over a parking slot. “He wanted to use our parking lot. We agreed but demanded a nominal charge for using it. He was outraged by our demand and even broke our signboard at the parking lot,” Vijayaraghavan wrote in his complaint.

He also alleged that Dr Shanmugam began harassing her by throwing “pieces of chicken” outside her apartment despite knowing she is a vegetarian. Vijayaraghavan also alleged in his two-page written complaint that the ABVP National President had urinated outside the woman’s apartment gate and had been throwing garbage and used masks at her gate.

The 62-year-old woman has been living alone in her apartment for the last year following her husband’s death. In his complaint, Vijayaraghavan also said the family was “concerned about her safety”, while asking police to take action against Dr Shanmugam, who he says, “has a bad track record in maintaining rapport with neighbours.”

CCTV footage corroborates with the allegations of urinating outside the residence of the widow. However, the ABVP claimed the incident as a “malicious and derogatory propaganda” by the Congress’ student wing of NSUI.

Also Read: Finally FIR registered against ABVP national president for allegedly harassing widow

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