Baba Siddique, a big shot in Maharashtra politics with deep connections to Bollywood, was shot dead in Bandra, Mumbai. He is 66 years old, lives a prosperous life, and is also actively involved in social service-related work. Baba Siddiqui left assets worth Rs 76 crore, which he disclosed to the Election Commission while contesting the Lok Sabha elections in 2014, when he declared his net worth to be Rs 76 crore.
Leave Congress and join Ajit Pawar Group
Baba Ziauddin Siddiqui, who started his electoral journey from the Congress party, joined Ajit Pawar’s faction and became the leader of the National Congress Party, was shot and killed by three assailants on Saturday. His son Zeshan Siddiqui narrowly escaped the attack. The attack took place when Baba Siddiqui and his son were heading to his office in Nirmal Nagar, Bandra. He was taken to hospital with serious gunshot wounds but could not be saved.
So many properties mentioned in election affidavit
Baba Siddiqui was born in Patna and his influence spread across Mumbai politics and Bollywood. His iftar party was attended by senior figures from the film industry. Talking about the net worth of Baba Siddique, who lives a lavish lifestyle, it is around Rs 76 crore, according to his affidavit submitted to the Election Commission during the 2014 Lok Sabha elections. However, he is believed to have far more than that. The reason for believing this could also be that in 2018, ED had seized 33 luxury apartments associated with Siddiqui and Pyramid Developers, which were said to be worth around Rs 462 crore.
Bank deposits worth tens of millions, as well as stock investments
If we talk only about the election affidavit submitted to the Election Commission, in which he declared his total assets to be Rs 7,625 crore, he informed that his debt was Rs 2,359 crore. His wife and children allegedly had around Rs 3 crore in various bank accounts. At that time, Baba Siddiqui and his wife Shehzeen Siddiqui invested over Rs 45 lakh in stocks. Apart from this, he also has an LIC policy worth Rs 72 lakh in his name.
Jewelry and luxury cars worth tens of millions
The information about the properties provided by late Baba Siddiqui in the election affidavit gives a clear picture of his lavish lifestyle, according to the election affidavit. He told that he, his wife and daughter owned gold and silver jewelery worth around Rs 6 crore. Talking about the car collection, it includes two Mercedes-Benz cars and is said to be worth a total of Rs 115 crore.
Baba Siddiqui lives in a luxurious house
The affidavit states that there is a commercial building named Babasi Dicky in Bandra West, Mumbai, worth approximately Rs 4 crore. He also has two houses in his name, the total value of which is said to be over Rs 180 million. While a commercial building worth Rs 1.91 billion and a residential property worth Rs 13.73 billion were registered in the name of the wife.
