Okay’taka’s Richest Politician Who Plans to Donate Rs 350 Cr to Constituency He’s but to Get Ticket for
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Neither a candidate, nor a key place holder, nonetheless Yousuf Sharief alias KGF Babu, seated in his palatial home on Bengaluru’s Millers Highway, has been busy assembly Congress staff.
Cause? Sharief has launched a manifesto declaring himself as an “aspirant” for the Chickpet Meeting seat from the Congress. He plans to spend near Rs 350 crore from his private funds to supply Rs 5,000 to every family within the constituency as a part of his schooling and welfare scheme for 5 years (2022-2027).
Publish this announcement, he has been having lots of conferences at his residence, looking for recommendation on his ‘cheque distribution’ drive.
“I'm not distributing cash with elections in thoughts. I wish to assist the individuals of Chickpet, the place the place I've grown up. I wish to give again to society. I've been doing social service for a number of years. You're seeing me now, however my work started a number of years in the past,” Sharief instructed .
ASSETS WORTH RS 1,743 CRORE
The Congressman shot to fame when he declared Rs 1,743-crore belongings in his MLC election affidavit for the Bengaluru City seat in 2021. He grew to become the richest politician in Karnataka and trumped Karnataka’s Minister for Small Scale Industries and Municipal Administration MTB Nagaraj who had declared belongings to the tune of Rs 1,200 crore. Nagaraj was among the many Congressmen who jumped ship to the Bharatiya Janata Get together (BJP) to assist B S Yediyurappa come again to energy. Sharief misplaced the MLC election by 397 votes.
Whereas KGF Babu has picked the constituency himself, he has sought permission from the Congress excessive command to “vide an official social gathering communique to go forward with this academic/scholarship/societal welfare programme beneath the Congress banner”.
THE ‘DONATION DRIVE’
When requested whether or not the excessive command has permitted his transfer, Sharief believes that he will likely be granted permission earlier than August 31, the date he has set for his donation drive. As per his manifesto, Sharief will distribute a cheque of Rs 5,000 every to 50,000 households in Chickpet.
“My plan is to supply Rs 5,000 to each dwelling within the space for his or her baby/youngsters’s schooling. Households whose youngsters are finding out in major or secondary sections will likely be given this scholarship. So for 50,000 households, the price range will likely be round Rs 125 crore for 5 years. One other Rs 5,000 will likely be given to pre-university college students. This can assist round 5,000 college students. I've allotted Rs 7.5 crore for it,” Sharief stated, giving a break-up of his marketing campaign.
He added that he has a plan to construct multi-storey flats for slum dwellers within the space at a value of Rs 180 crore. It would have services, together with lifts and normal civic facilities.
“I can take this up provided that the slum dwellers are prepared to supply their land to me. I can guarantee you every household will likely be a beneficiary of a flat constructed a value of Rs 6 lakh, which I'll take up by my charitable basis,” the chief stated.
Sharief claimed that he had carried out an analogous train in Kolar, his birthplace, the place greater than 25,000 households benefitted from his donation.
“I had plans to spend round Rs 100 crore on this noble trigger. However after assembly my buddies and social gathering staff in Chickpet, the quantity saved growing. Now, I will likely be spending round Rs 350 crore. How a lot does a person want? Once we die, what will we take with us? Nothing. I've secured the way forward for my youngsters, now it’s time for my individuals,” he stated.
FROM POVERTY TO BUYING AMITABH BACHCHAN’s CAR
Belonging to the realm of Kolar Gold Fields (KGF), Sharief earned the moniker of ‘KGF Babu’. He's additionally referred to as ‘Scrap Babu’, as he had been a scrap seller till he forayed into actual property.
The eldest amongst 14 siblings, Sharief stated his household lived in abject poverty. His father took to driving an autorickshaw after their household bakery enterprise bumped into losses. He stated there have been days when their household managed with only one meal.
Quickly, he determined to take issues in his arms. Having spent most of his rising years in Kolar Gold Fields, he started working as scrap seller affiliate with the Bharat Gold Mines, which was engaged in gold excavation in KGF. His enterprise took off and he quickly started dealing in land not simply in Kolar, but additionally in Bengaluru metropolis. In 2021, Sharief declared movable belongings value Rs 100 crore and immovable properties value Rs 1,643.59 crore.
At his Bengaluru dwelling furnished with white tapestry and furnishings, Sharief went on to discuss how the Enforcement Directorate raided him lately for changing “black cash into white”.
“I'm clear. My cash has been earned by exhausting work. I used to be summoned by the ED in July. They focused me solely as a result of I used to be from the Congress and declared my belongings throughout the MLC elections,” he stated.
The ED officers performed search and seizure operations in any respect properties owned by his household in Bengaluru and different elements of Karnataka.
“I perceive the hardships related to poverty. At present I earn in crores. It's my hard-earned cash. I'm not scared if the ED comes knocking at my door once more. They declare I'm concerned in cash laundering. What does that even imply? I don’t know,” stated Sharief, explaining how he was a college dropout who didn't know a lot about studying and writing.
Sharief had purchased a Rolls Royce Phantom automobile from Bollywood actor Amitabh Bachchan, however it was seized by the transport officers for lack of documentation. He had additionally declared in an affidavit that he owned a hand-crafted watch value Rs 1.10 crore and 5 kg gold. The remainder of his belongings are within the type of actual property, agricultural plots in and round Bengaluru and Kolar. He has two wives — Rukhsana Taj and Shazia Tarannum and 5 youngsters.
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