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'Not just in Bandra, many have this kind of money'

Updated on: 05 December,2016 07:17 AM IST  | 
Hemal Ashar | hemal@mid-day.com

Reports about a Bandra’s family’s declaration of Rs 2 lakh crore income which has been rejected and investigations in the matter are on, has set Bandra buzzing

'Not just in Bandra, many have this kind of money'

Reports about a Bandra’s family’s declaration of Rs 2 lakh crore income which has been rejected and investigations in the matter are on, has set Bandra buzzing. Most Area Locality Managements (ALM) in Bandra, always so quick to comment, did not wish to say anything on the matter, till more details are out. The Union Finance ministry though said the declaration was rejected as it was “suspicious in nature, being filed by persons of small means”.


The family of four, Abdul Razzaque Mohammed Sayed, his son Mohammed Aarif Abdul Razzaque Sayed, wife Rukhsana Abdul Razzaque Sayed and sister Noorjahan Mohammed Sayed are residents of a building called Jubilee Court on Linking Road.


Aftab Siddiqui, prominent Bandra-Khar voice and activist says with a laugh, “the Jubilee Court building is quite close to the Amarsons showroom in Bandra, It is not flashy or luxe because if a person has that kind of money, he may not want to show that off,” she says.


Aftab though adds that the people must think, why the Income Tax also took three months from September to December to declare that this is not accepted and will be under investigation. “Why was it not made public earlier? This is the question that the public needs to ask. Ever since the demonetisation, we are seeing prominent figures giving opinions and ministers criticising it. I think the people who have the largest stake in this initiative is the common man. It is they that have the right to speak out, not the ministers,” she stated.

The mind-boggling sum of Rs 2 lakh crore, says Aftab, “is not really that surprising. Why target Bandra? There are so many people in Mumbai with stupendous sums of money. I think, as this news gains traction, people will also ask themselves whether it was worth declaring income, as persons who declare, will they be caught? Or, is this really a scam? Who knows? Yet, I have seen persons who come to the city over 10, 12 years and suddenly, they buy penthouses and the poshest of apartments, how can that happen?” asks Aftab.

She ends with, “I do not know if this mystery will unravel, but one thing is certain even in these blink ‘n’ you miss it times, when attention spans are very short, this story is sure to hold the city in thrall for a few days, at least.” It is evident that Mumbai has a new conversation starter, and at Rs 2 lakh crore, that conversation is sure to reach dizzying heights.

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