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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
July 30,2020

Bengaluru, Jul 30: As the protest by Accredited Social Health Activist (ASHA) workers entered the 20th day, Karnataka Health Minister B Sriramulu on Wednesday assured them that he would take up their demands with Chief Minister B S Yediyurappa.

The ASHA workers are sitting in protests with a number of demands that include a minimum salary of Rs 12,000 per month.

Assuring that their matter will be taken up, Karnataka Health Minister B Sriramulu said while speaking to reporters, "We know how hard ASHA workers have been working as frontline warriors in the fight against COVID-19. I will discuss with CM about their demand for a minimum wage of Rs 12,000 per month and the final decision will be taken soon."

"We went to the police to allow us to protest. Officials then took us to the CM. During the meeting, he demanded some time to sort out our issues. 

We told him we are protesting for the past 20 days and that it was he who needs to call a meeting with us. Only then will he know the problems being faced by ASHA workers," an ASHA worker said clad in her signature pink sari.

"When asked as to why salaries of ASHA workers were not hiked, while it was done for doctors and other healthcare officials, the CM requested for time to look into the matter. 

We are not much happy now, but will if he comes in front of the media and promises to sort out our issues, then we will listen to him", she added.

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News Network
June 10,2020

Puttur, June 10: Passengers of a KSRTC bus had a miraculous escape while driver and conductor suffered minor injuries after it fell on a house below 25ft.

Police said that except for some minor injuries to the driver and conductor none of the 21 passengers were hurt.

The bus was bound for Ishwaramangala from Puttur when the mishap took place as the driver lost control over the steering.

The roof and walls of the house on which the bus fell was partially damaged.

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News Network
April 11,2020

Bengaluru, Apr 10: Renowned ophthalmologist and Narayana Nethralaya Chairman Dr K Bhujang Shetty today advised those wearing contact lenses to switch to eyeglasses as a preventive measure.

“Though the facial mask is mandatory as a preventive measure against the dreaded Coronavirus, not many know that the virus can also enter the body through eyes. Wearing glasses or spectacles reduces the spread of the virus,” Dr Bhujang Shetty said.

Although it is more likely that people may catch Coronavirus infections through mouth and nose, there are chances of the virus also entering through eyes. “In a day, humans tend to touch their face and eyes almost 20 times an hour knowingly or unknowingly. Users of contact lenses end up touching their eyes and face frequently, increasing the risk of infections. Therefore, it is advisable that they switch to eyeglasses until the situation improves”, according to a release here on Friday.

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