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.
Mr 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
wife (in Burka) earning 59 crore per annum WOW!
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!
Wish you All the Best!!!
Congrats !.....Wish u all the Best!!!
Best of luck sir.
We are going to be employees of your company
Good Fekugiri by the cunning and useless OSCAR
Good Luck!
A prominent member of a Chor family of Surathkal. Cheating is their family business.
all the best.
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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