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ED notice to B M Farookh over FEMA violation

News Network
April 17, 2018

Bengaluru, Apr 17: The Enforcement Directorate has issued a notice to realtor and Janata Dal (Secular) chief general secretary B M Farookh in a case of FEMA (Foreign Exchange Management Act) violation.

Farookh, who unsuccessfully contested for the Rajya Sabha seat on a JD(S) ticket, has been asked to appear before the ED officials on Tuesday.

Sources said that the notice had been issued to Farookh for FEMA violations in funds invested in real estate. He has been asked to produce his passport, Aadhaar, details of assets and balance sheets of his firms.

With declared assets of Rs 770 crore, Farookh was the richest candidate to contest Rajya Sabha polls from the state in 2016 and in March 2018. Farookh is the younger brother of B A Mohiuddin Bava, Congress MLA from Mangaluru north. Besides real estate business, Farookh has investments in renewable energy sector.

Comments

Kumar
 - 
Tuesday, 17 Apr 2018

ED may need to check his brother Bava's too

JDS Fan
 - 
Tuesday, 17 Apr 2018

Why only our leader..? search cong leaders in mangaulu. ED may findout much more

Danish
 - 
Tuesday, 17 Apr 2018

If ED start digging politicians asset matter properly may findout many benamy dealings and real estate investments.

Ganesh
 - 
Tuesday, 17 Apr 2018

HDK told he dont have money and his party too. Because of his "Health issues" he may forget Farookh matter

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coastaldigest.com news network
August 2,2020

Mangaluru/Udupi, Aug 2: The twin coastal districts of Dakshina Kannada and Udupi witnessed sporadic movement of vehicles and relatively less commercial activities today in spite of the withdrawal of ‘Sunday lockdown’ by the state government. 

After the central government announced guidelines under Unlock 3.0, the Karnataka government has removed the complete lockdown concept on Sundays and done away with the night curfews too. So from today (August 2), there will be no lockdown on Sundays.

KSRTC operated its buses as usually. However, compared to other days, today the number of private and city buses on the roads in Dakshina Kannada was limited. 

In Udupi, city buses remained off the roads as the number of passengers was less. However, KSRTC and NARM buses were seen transporting passengers.

In containment zones ban on movement of people will continue till August 31 in Udupi. The Santhekatte market used to function on Saturdays, as there was Sunday lockdown on earlier Sundays. Now the market will be open on Sundays only.

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News Network
May 8,2020

Bengaluru, May 8: 45 more COVID-19 cases have been reported from Karnataka, taking the total number of coronavirus cases in the state to 750, the state Health Department said on Friday.

According to the Health Department, the total cases include 371 discharged cases and 30 deaths.

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coastaldigest.com news network
June 1,2020

Udupi, Jun 1: As many as 73 people have been tested positive for coronavirus in Udupi district today.

The district has registered a total of 260 positive cases so far. Majority of the positive cases in Udupi district have inter-state travel history to Maharashtra.

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