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
February 22,2020

Bengaluru, Feb 22: The Hindu Mahasabha has decided to carry out a 'cleaning ceremony' by using 'gau-mutra' (cow urine) to purify Freedom Park, where pro-Pakistan slogans were shouted as a protest against the CAA, NRC and NRP.

On Thursday, an 18-year-old girl Amulya Leona hadraised slogans of 'Pakistan Zindabad,' after the organisers of the event under the banner of 'Save Constitution' invited her to address the gathering. AIMIM chief Asaduddin Owaisi soon rushed and tried to snatch away mic from her hand.

Amulya, who was arrested by the police soon after the event on charges of Sedition, was remanded to 14-day judicial custody.

Associates of Amulya insisted that she was trying to make a point that nobody in the anti-CAA rallies would hail a ‘long Live Pakistan’ slogan while they would do so for a ‘Long Live Hindustan’ chant.

“She is not dumb. She knew exactly what she was saying. She had a clear narrative in mind, but was interrupted before she could complete it. Her half-comments are now being taken out of context,” said Sujnan, another student-activist. 

“In the end, the campaign is not involved with whatever she said or intended to say. It falls on her to explain herself,” said a protest organiser.

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News Network
February 9,2020

Bengaluru, Feb 9: Senior JD(S) leader and former prime minister H D Deve Gowda has called upon all the regional parties and secular parties to join hands with the Congress and work in tandem to take on the BJP.

Noting that mere speeches would not help, he said the regional and secular parties should enhance their strength politically in the country.

"We all need to join together with Congress and work in tandem with the available strength only then will we be able to stop them (the BJP)," the JD(S) supremo said at a public meeting organised by the party in Hassan district on Saturday.

Gowda cautioned the regional and secular parties against sitting idle watching the developments in the country.

"If the small and regional parties do not exercise the powers given by Dr B R Ambedkar to the country, they (BJP) are going to the extent of finishing them up," he said. Interestingly, the JD(S) patriarch, had in the run-up to the December bypolls to Karnataka assembly said he would not align with the Congress and dubbed it as "not trustworthy."

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News Network
May 10,2020

May 10: Azaan is an integral part of the faith, not the gadget, says veteran writer-lyricist Javed Akhtar, asking that the Islamic call to prayer on loudspeakers should be stopped as it causes "discomfort" to others.

In a tweet on Saturday, Akhtar wondered why the practice was 'halaal' (allowed) when it was, for nearly half a century in the country, considered 'haraam' or forbidden.

"In India for almost 50 years Azaan on the loud speak was Haraam. Then it became Halaal and so halaal that there is no end to it, but there should be an end to it. Azaan is fine but loud speaker does cause of discomfort for others. I hope that atleast this time they will do it themselves (sic)," Akhtar tweeted.

When a user asked his opinion on loudspeakers being used in temples, the 75-year-old writer said everyday use of speakers is a cause of concern.

"Whether it's a temple or a mosque, if you're using loudspeakers during a festival, it's fine. But it shouldn't be used everyday in either temples or mosques.

"For more than thousand years Azaan was given without the loud speaker. Azaan is the integral part of your faith, not this gadget," he replied.

Earlier in March, Akhtar had supported the demand to shut mosques amid the coronavirus outbreak in the country, saying even Kaaba and Medina have been closed due to the pandemic.

He had also appealed to the Muslim community to offer prayers from home in the holy month of Ramzan, which began on April 24.

"I request all the Muslim brothers that now that Ramzan is coming, please say your prayers but make sure that this doesn't cause problems to anyone else. The prayers that you do in the mosque, you can do that at home. According to you, the house, the ground, this all has been made by Him. Then you can do your prayers anywhere," he had said.

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