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
January 6,2020

Bengaluru, Jan 6: A delegation of Christians, led by Peter Machado, archbishop of Bengaluru, met chief minister BS Yediyurappa on Sunday and sought an amicable solution to the issue of installing a statue of Jesus Christ atop Kapalibetta in Harobele village, Kanakapura taluk.

Yediyurappa is learnt to have assured the delegation of doing the needful and said he would take a decision after the revenue department submits its report. The department is looking into various aspects of the issue, including the sanction of 10 acres of land for the purpose.

“The meeting was cordial and the chief minister lent us a patient hearing. Our only request was to settle the issue in a way that is acceptable to all sections of society,” Machado said. Congress functionary and Kanakapura legislator DK Shivakumar had laid the foundation stone for the 114-foot statue of Christ on Kapalibetta on Christmas Day at an event organised by the Harobele Kapalibetta Development Trust, which plans to install the statue.

The issue took a political hue when BJP functionaries objected, saying the land sanctioned to the trust is part of gomala (reserved for cattle grazing) land and any religious activity there would be illegal. Revenue minister R Ashoka sought a report and department officials said they would submit it in a week’s time.

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News Network
March 5,2020

Mangaluru, Mar 5: Chairman of Karnataka Christian Development Committee (CDC) Joylus DSouza on Thursday welcomed the allocation of a Rs 200-crore grant in the state budget for the development of the Christian community.

In his message to the Chief Minister B S Yediyurappa released to the media, DSouza said, "Christians in Karnataka welcome with gratitude the announcement of Rs 200-crore allocation for the community in the budget for fiscal 2020-21."

In 2011-12 fiscal also, Yediyurappa as Chief Minister had allocated a grant of Rs 50 crore for the community for the first time in the history of the state, he said.

The grant of Rs 200 crore this year shows Yediyurappas concern for the Christians.

I congratulate and offer my sincere gratitude on behalf of the Christian community of the state to Yediyurappa, DSouza said.

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News Network
April 1,2020

Bengaluru, Apr 1: As many as 12 of the 40 identified people from Karnataka, who attended Tablighi congregation in Nizamuddin, Delhi, have tested negative for COVID-19, state Health Minister B Sriramulu said in a tweet on Wednesday.

It is also learnt that 62 foreigners from Indonesia and Malaysia, who attended the congregation, have visited the State and 12 of them have been quarantined, the tweet said.

''The health department, in association with the Home department, has jointly started the process of identifying all the 300 who attended the event,'' he said.

Comments

Shaikh mohamme…
 - 
Thursday, 2 Apr 2020

Alhamdulilla...All Praises And Thanks To Allah Subhanawatala...

 

May peace and blessings of Almighty be upon the humans who are effected with this deadly virus.

Ameen

 

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