Baba Siddique Shot Dead: Former Maharashtra minister and senior Nationalist Congress Party (NCP) leader Baba Siddiqui was shot dead at 9.30 pm on Saturday (October 12). Baba Siddiqui was immediately taken to Lilavati Hospital, where he died during treatment. It has been learned that Baba Siddiqui was shot by 3 unknown assailants.
Baba Siddiqui had received a threatening letter about two weeks ago. Police security was increased after the threatening message. Baba Siddiqui was known for his luxurious lifestyle and star-studded high-class parties. Baba Siddiqui contested his first election in 2014 on a Congress ticket. When he was 56 years old.
What was Baba Siddiqui's net worth?
He studied till twelfth standard. In his affidavit submitted to the Election Commission, Baba Siddiqui has disclosed assets worth Rs 76 crore. However, accurate information about his actual wealth is not yet available.
In 2018, ED had seized assets worth Rs 462 crore belonging to Siddiqui. ED had seized 33 flats worth about Rs 462 crore from Siddiqui and Pyramid Developers in Mumbai. This action was taken regarding irregularities in the slum rehabilitation scheme in Bandra and activities like money laundering.
How much debt was there on Baba Siddiqui?
In fact, in the affidavit given to the Election Commission, he had given details of his assets, which included ownership of various types of movable assets including cash, bank deposits and shares in many companies. He also had many things like expensive jewellery, luxury cars, the value of which was around Rs 30 crore. His collection of valuable assets like Mercedes Benz cars and gold and diamond jewelery reflects his affluent lifestyle.
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