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..???

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
February 5,2020

Kasaragod, Feb 5: The customs officials has confiscated 15.5 kilograms gold from a car at Bekal near here on Wednesday.

Sources said, acting on a tip-off, the customs sleuths intercepted a car at Bekal, and seized the yellow metal which is being smuggled by the occupants into Kerala.

The police also managed to arrest the two youth identified as Khetan (29) and Akash (23), both natives of Maharashtra. They had hidden the gold in the cushion. 

The accused confessed that the gold was being transported from Thalassery to Maharashtra illegally. The custom officials are investigating to find others involved in the case.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 30,2020

Hubballi, Jan 30: Seeking to disabuse people of the notion that the Citizenship (Amendment) Act (CAA), recently passed by the BJP-led central government threatened the legitimacy of Muslims in the country, yoga guru Baba Ramdev on Wednesday said that he would among the first to take to the streets should the community face any such trouble. “If the National Register of Citizens (NRC) threatens injustice to Indian Muslims, it I not just I, but a billion Indians will protest against its implementation,” he added.

Recalling his longstanding association with Prime Minister Narendra Modi, Ramdev said, “I have known Modi for more than 15 years, and I can assure you that he cannot be called anti-Muslim. There is nothing in the CAA that threatens the rights of Muslims, some of whom are being misled by a few.”

The yoga guru said that, while 99% of the Muslims in India were patriotic, the remaining ones were seeking to divide the country, which he said was resulting in Islam falling into disgrace. “I appeal to all Muslims to keep away from such anti-national forces seeking to bring a bad name to Islam,” said Ramdev, calling on the people to stay united in the face of the severe economic crisis that the country was presently in the grips of.

He added that he was as committed to his goal of getting black money back to India. However, when quizzed by journalists as to how long he was willing to wait for PM Modi to realise this objective, Ramdev said, “Chodi, mere aur Modi ke beech jagada mat lao (Please do not incite a fight between Modi and me).”

The yoga guru also endorsed the decision of the Centre to recognise singer Adnan Sami with a Padma award.

Comments

Suresh SS
 - 
Thursday, 30 Jan 2020

Dear Ravan dev,

keep ready Shawar Khameez to wear and run, beware RSS leaid BJPs futere is very dark. This time not only Muslims, Hindus Christians & all those who have spain joined hands together. 

Indian Soul
 - 
Thursday, 30 Jan 2020

those who drink cow urine and eat cow dung want to protect the muslims? hahaha

 

we have the God of the universe who is protecting us from the begining of earth...not only muslim all mankind including you. you better shut your mouth and make money by selling animal urine to foolish people...

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
coastaldigest.com news network
August 2,2020

Bengaluru, Aug 2: All the seven Airports in Karnataka have seen poor traffic even after the restoration of domestic flight services post covid-19 lockdown. Interestingly, Mangaluru International Airport, the second biggest in the state, has slipped to third position in number of number of passengers and flights. 

Of all the seven airports in State-- Bengaluru, Mangaluru, Hubballi, Belagavi, Mysuru, Kalaburagi and Vijaynagara (Hosapete)-- it was the Sambra (Belagavi) airport which saw the highest number of passengers and flights after Bengaluru. 

According to Airports Authority of India report released on their website recently, the Sambra airport outperformed the Managluru international airport in June. 

As many 10,224 passengers travelled to or from Belagavi airport in June, whereas Mangaluru airport saw a footfall of only 8,608 passengers including 3,726 international and 4,882 domestic passengers. Belagavi airport handled 391 flights whereas Mangaluru airport handled 190 flights.

Even the Bengaluru international airport saw a decline in the number of passengers and flights in June. Only 3.69 lakh domestic and 10,654 international passengers arrived or departed from Kempegowda International Airport, Bengaluru in June as against 27.59 lakh total passengers in June 2019. 

Between April-June 2020 the Bengaluru airport saw only 4.54 lakh total passengers (domestic and international) as against 84.11 lakh total passenger during the same period last year. The number of flights to and from Bengaluru also saw a huge dip in June with only 731 international (2,582 in June 2019) and 4290 domestic (16,216 in June 2019) flights.

Though the Mysuru domestic airport handled a higher number of flights compared to last June, the number of passengers either arriving or departing saw a decline. Last year June 4,775 passengers travelled in 96 flights, whereas in June 2020 the airport handled 3,158 passengers and 330 flights.

Hubballi airport saw the least number of passengers or flights among the seven airports in Karnataka in June. It saw only 55 passengers either arriving or departing from the city's airport in 14 flights in the month of June. In the same month last year, Hubballi airport, which was third busiest before the pandemic, had facilitated 45,973 passengers and handled 604 flights.

Since April 2020 to June, the Hubballi airport has handled only 18 flights (as against 1,958 during the same period last year) and 122 passengers (1,50,416 between April-June 2019).

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.