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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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News Network
January 5,2020

Bengaluru, Jan 5: Rural development and panchayat raj minister K S Eshwarappa has received two threatening calls from Tamil Nadu, according to Home Minister Basavaraj Bommai.

He said that he had instructed the police to provide adequate security. 

At 12.30 pm on Friday, an unidentified person made a phone call. Speaking in Tamil, he threatened Eshwarappa with life, it is said.

Eshwarappa is known for abusive remarks and issuing threats to non-Hindus.

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News Network
January 12,2020

Mangalore, Jan 12: City police on Sunday arrested five people for their alleged involvement in a Rs 50 crore fraud by promising people higher monetary returns.

Police said that the arrested persons are Manjunath Nayak, a resident of Derebail; Denzil Mascarenhas, a Konchady resident; Ashok Naik, a Derebail resident; Vikas Nayak and Vishwanath Naik both residents of Bengaluru were arrested.

The arrested were employed in the ‘Speak and Group’ concern, started by Dhanush M K of Kundapur along with his friends. The firm had managed to collect huge sums of money from people, including NRIs by promising monthly four percent returns on their investment. The employees managed to entice people by showing them a few insurance schemes claiming higher returns.

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News Network
February 1,2020

Mysuru, Feb 1: The local police have arrested a man stabbed his irresponsible wife after she apparently hurt him with her naughty TikTok videos in Periyapatna of Mysuru district.

According to police, Srinivas stabbed his wife Savitha for TikTok videos where the latter featured with a different man.

The couple was not in good terms and was staying separately since few years. Savitha was residing in Mysuru and she used to send TikTok videos posing with another man to Srinivas.

The couple had two children, who reside with Srinivas, who was upset with the videos and invited Savitha to the birthday party of one of their children at Periyapatna.

He attacked her with a knife soon after she reached the function venue, Police said.

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