Faris Abubakar Wikipedia: Where Is He From? Family Ethnicity And Net Worth
People are curious to learn about Faris Abubakar Wikipedia after officials from the Income Tax department searched the offices linked to business people on Monday.
They researched in multiple cities nationwide, including his residence in Koyilandy and his business associates’ offices in Chennai, Bengaluru, and Mumbai.
Abubakar had made headlines for his alleged proximity to Chief Minister Pinarayi Vijayan and was termed a ‘despised’ person by former Chief Minister and veteran CPI(M) Leader V.S. Achuthanandan.
The Income Tax department was reportedly looking into the investments behind various real estate deals handled by Abubakar and alleged money transactions related to the real estate deals made abroad.
While there has been no official confirmation of the findings, the searches have been viewed as part of the government’s crackdown on tax evasion and illicit wealth accumulation.
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Faris Abubakar Wikipedia: Where Is He From?
Faris Abubakar is a controversial businessman from Kerala, India. He was born in Koyilandy and went to Chennai after graduating to help his Father in a small-scale leather goods business.
Soon, he became wealthy through the export business, and his relatives were unaware of how he achieved his rapid financial growth.
Faris is known for allegedly embezzling funds in the name of a kidney foundation in Singapore. He is said to have been closely associated with the official wing of the Communist Party of India (Marxist).
Faris was the boss of two newspapers in Kerala, which eventually collapsed, allegedly paving the way for him to earn crores.
He sponsored the Nayanar Memorial Football Fair in 2007, worth Rs 60 lakhs, and raised the issue on Party platforms.
Faris gradually shifted his business area from Kerala to Chennai, then to Singapore and America. Faris is alleged to have close ties to Chief Minister Pinarayi Vijayan, and this relationship has been central to the recent controversy.
Faris Abubakar Family and Ethnicity
There is no publicly available information about Faris Abubakar’s family or ethnicity.
Faris is a controversial businessman from Kerala, India, and has been in the limelight due to various allegations against him.
He rose to wealth through the export business and is accused of embezzling funds in the name of a kidney foundation in Singapore.
He was closely associated with the official wing of the Communist Party of India (Marxist). He was the boss of two newspapers in Kerala, which allegedly collapsed due to his actions.
Faris sponsored the Nayanar Memorial Football Fair in 2007 and gradually shifted his business area from Kerala to Chennai, then to Singapore and America.
Despite his high-profile controversies, no personal information about his family or ethnicity is publicly known.
Faris Abubakar Net Worth
Faris Abubakar’s net worth is not publicly available as he is a private individual, and there is no official information regarding his assets and income.
However, he is known to be a wealthy businessman with a controversial reputation in Kerala, India. He rose to wealth through the export business and was associated with the official wing of the Communist Party of India (Marxist).
Faris was also the boss of two newspapers in Kerala, which allegedly collapsed due to his actions.
He has been accused of embezzling funds in the name of a kidney foundation in Singapore, and the Income Tax department in India is investigating his real estate deals.
The controversies surrounding him, his exact net worth, and his income source are not publicly known.
It is speculated that his business ventures and investments have contributed to his wealth, but without any official confirmation, the details remain unknown.
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