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I am not money bag of JD(S), says BM Farooq who owns assets worth Rs 778 crore

coastaldigest.com news network
March 10, 2018

Congress MLA BA Mohiuddin Bava's brother BM Farooq, who is contesting the Rajya Sabha elections on a JD(S) ticket this month, is the richest among the candidates who have filed their nominations so far.

Mangaluru-origin Farooq has total assets worth a whopping Rs 778 crores, including those owned by his wife.

However, Farooq says that he’s not the 'money bag' of JD(S). "The 'money bag' tag has been given to me by the media. I am a dedicated worker of the party who wants to see H D Kumaraswamy emerge as the chief minister," says Farooq, who was made chief general secretary of the party after his defeat in Rajya Sabha polls two years ago.

As per the affidavit of assets and liabilities filed by Farooq along with his nomination papers filed on Friday for the upcoming Rajya Sabha polls, his movable assets are worth Rs 87.27 crore; his immovable assets are valued at Rs 591.3 crore. He has declared that his wife's movable assets are worth Rs 9.11 crore and immovable assets worth Rs 91.23 crore.

In 2016, when Farooq contested and lost Rajya Sabha polls for the first time, his total assets were valued at around Rs 750.2 crore.

Bachelor of Engineering (Mechanical) and Master of Business Administration degrees. He is the CMO of Fiza Developers and Infrastructure Pvt Ltd.

Farooq possess automobiles including cars, aircrafts, yachts and ships. While he owns jewellery/bullion worth Rs 1.64 crore; his wife owns jewellery/bullion worth Rs 2.12 crore. He has declared other assets worth Rs 2.57 crore. His liabilities stand at Rs 121.46 crore.

Comments

Sandesh
 - 
Saturday, 10 Mar 2018

Enchina maraya.. still you want more

Yogesh
 - 
Saturday, 10 Mar 2018

I dont think so you are a true muslim follower. I believe you earned elephant part of your asset in illegal way.

Ganesh
 - 
Saturday, 10 Mar 2018

True.. His money for him.. Not for JDS

Mohidin
 - 
Saturday, 10 Mar 2018

Sir, you are not a Money bag of JD(S) but you are with a bag of money for them

Sadashive
 - 
Saturday, 10 Mar 2018

Farooq bhai. Onji koti inchi korle...please please please... Aath maatha daaye eereg...

abbu
 - 
Saturday, 10 Mar 2018

2016 - 750 crore and now 778 crore.. Only 28 crore increased from his assests in 2 years...... Not like feku's friends assets which is increasing 500% in one years..... Mr. Farooq is a well-known business man and as per above assets development it clearly shows his assets is loyal and not like feku and feku's friends..... 

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News Network
May 28,2020

Udupi, May 28: The India Meteorologic Department (IMD) on Thursday warned fishermen in coastal belt of Karnataka against venturing out into the deep sea between May 31 and June 4.

The Department stated that depression is expected to occur in the south-eastern part of Arabian Sea and the nearby areas and it would be dangerous for the fishermen of Karnataka, Kerala and Lakshadweep to go out towards the deep sea.

The Department officials said that they would provide information on development in weather conditions. In the backdrop of the current weather forecast, however, the fishermen in the western coastline were advised against venturing into the sea.

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coastaldigest.com news network
August 1,2020

Mangaluru, Aug 1: A teenage boy, who was critically injured in a road accident at Manchi village in Bantwal taluk, breathed his last at a private hospital in the city today.

The victim has been identified as Mohammad Unais (17), a resident of Bolanthoor village.  

The mishap occurred yesterday (July 31) at around 6 p.m. when Unais was riding a motorbike.

In his bid to overtake a speeding lorry near the Manchi mosque, the boy lost control over his motorbike, which first rammed into an auto-rickshaw and then collided with the same lorry. 

The impact was such that the boy was thrown onto the road. He was immediately rushed to a hospital in Mangaluru. 

He breathed his last early today without responding to any treatment. 

A case has been registered at jurisdictional Melkar Traffic Police Station and investigations are on.

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News Network
May 13,2020

Bengaluru, May 13: The Karnataka Common Entrance Test (K-CET) 2020 will be held on July 30 and 31.

The test, earlier as scheduled to be held on April 22, 23 and 24, was postponed due to COVID-19 crisis and the nation-wide lockdown.

Now, considering the dates for National Eligibility cum Entrance Test (NEET) and Joint Entrance Examination (JEE) dates announced by the Union government, the state government has announced the revised dates on Wednesday.

Higher Education Minister Dr C N Ashwath Narayan announced this in a press conference. The test will be held online, the minister said. 

For CET 2020, over 1.90 lakh students registered for admission to undergraduate engineering, B Tech, Architecture, Agriculture and veterinary science courses.

Home quarantine for repatriated pregnant women, children, senior citizens if they test covid-19 negative 

The Union Health Ministry has revised its discharge guidelines for COVID-19 patients, stating that only those with severe illness need to be tested (through a swab test) and a negative report needs to be obtained before discharge.

The latest guideline adds that other categories of patients, including very mild, mild, pre-symptomatic and moderate cases, need not be tested before discharge.

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