Educationist, entrepreneur, philanthropist Dr B Ahmed Hajee Mohiudeen no more

coastaldigest.com news network
August 16, 2020

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Mangaluru, Aug 16: Dr B Ahmed Hajee Mohiudeen, a prominent educationist, entrepreneur and philanthropist, passed away at a private hospital in the city today due to age related ailments. He was 87.

The mortal remains of Ahmed Hajee were briefly kept at Thumbay PU College for the public viewing. The funeral was be held at Thumbay Masjid burial ground in the evening. 

Dr Ahmed Hajee was the Founder Chairman of B A Group, Thumbay in Dakshina Kannada district.

He was born in 1933 to B. Mohiudeen Hajee and Mariamma in a business family in Mangaluru. His father was a prominent name in the timber business. Ahmed Hajee graduated in Commerce in 1954 and began his career soon after, as a small-scale industrialist in a nondescript village called Thumbay on the outskirts of Mangaluru. 

He founded the B A Group, in 1957. Today, B A Group has a standing of over five decades in the wood industry and is a well-diversified conglomerate. From a fledgling company in the 1960s, B A Group is now on the threshold of rapid expansion into such areas as urban housing, education, real estate, healthcare and exports and imports.

B A Industrial Training and Technical Centre is sponsored and managed by Mohiudeen Educational Trust, of which Mohiudeen is the Chairman. The Trust also runs a Kannada and English Medium School, a Pre-University College a Nursery School, a Medium Primary School and Darul Uloom Mohiudeen Arabic College. There are more than 1500 students in these institutions.

Ahmed Hajee was the founder president of a number of institutions and trusts in Mangalore and surrounding areas. For decades, he was the president of Badriya Educational Institutions in Mangaluru. He was also the president of Nav Bharat Night High School, which was established before India's independence. He was one of the Trustees of Islamic Academy of Education, under Yenepoya Group, India.

He was a member of the Adult Education Society, Government of Karnataka. He was also a syndicate member of Mangalore University in the past.

Ahmed Hajee was married to Bee Fathima Ahmed Hajee, and they have three sons Thumbay Moideen (Founder President of Thumbay Group, headquartered at Ajman, UAE), B Abdul Salam (Managing Director & CEO – BA Group) and B M Ashraf (Managing Director - Mohiudeen Wood Works LLC, Ajman, UAE), and a daughter Mariam Shabana Faizal.

Comments

Abdul rahman P B
 - 
Monday, 17 Aug 2020

It may be difficult to find someone like him.

Olga B Noronhs
 - 
Sunday, 16 Aug 2020

May his soul rest in peace.

Abdulrehman Kunil
 - 
Sunday, 16 Aug 2020

Inna lillahi va inna ilaihi rajihoon.
May Allah forgive his sins, grant him Maghfirath and Marhamat and a place in Jannah, Aameen.

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News Network
November 25,2024

Udupi: Six junior artists from the prequel of Kannada blockbuster film ‘Kantara’ were injured, when the bus they were travelling in overturned in the district, police said on Monday.

According to police, the accident occurred near Jadkal on Sunday night when the mini-bus carrying the crew of the film overturned.

“The incident happened while they were returning to Kollur after completing the shoot at Mudoor in Jadkal. The mini-bus was carrying 20 junior artistes when it met with the accident,” a police officer said.

The injured were rushed to hospitals in Jadkal and Kundapur for treatment, they said.

The Kollur police are investigating the matter.

"The news making rounds is completely false. The Kantara: Chapter 1 team began shooting at 06:00 AM today, and everything is proceeding as normal. A minor accident occurred 20 kilometres away from the shooting location, involving a local bus carrying some members of the Kantara team. However, no injuries were reported," a source close to the production said.

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News Network
November 21,2024

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After the US prosecutors charged Gautam Adani with bribery and fraud, Congress reiterated its call for a Joint Parliamentary Committee (JPC) probe into the transactions of the Adani group, and hit out at Prime Minister Narendra Modi, alleging an "internal nexus" between him and "his favourite businessman."

Senior Congress leader Jairam Ramesh said the indictment of Gautam Adani and others by the US Securities and Exchange Commission validates his party’s call for a Joint Parliamentary Committee investigation.

The Congress has been pushing for the probe since January 2023, raising concerns over alleged irregularities involving Adani and his business dealings, said Ramesh.

Ramesh referred to the party’s “Hum Adani ke Hain” series, where 100 questions were raised about the alleged scams and the links between Prime Minister Narendra Modi and Gautam Adani.
He noted that the questions remain unanswered, reiterating the need for accountability in the matter.

The US prosecutors have charged Adani with deceiving investors by concealing information about his firm's solar energy project in India, which allegedly involved bribery.

Adani has been charged with securities fraud and conspiracy, according to an indictment unsealed on Wednesday. The case focusses on an agreement between Adani Green Energy Ltd. and another organisation to supply 12 gigawatts of solar power to the Indian government.

'BETRAYAL OF INDIAN INVESTORS'

Congress leader Pawan Khera described the allegations against Gautam Adani and his conglomerate as a “betrayal of Indian investors.”

Taking to X, Khera outlined the US charges, including claims that Adani’s group bribed Indian government officials between 2020 and 2024 to secure contracts. Citing media reports, he also pointed out that Gautam Adani personally met a government official to advance the scheme.

Khera referred to a March 2024 incident where the Adani Group allegedly misled the Bombay Stock Exchange and the National Stock Exchange, calling it a “grave violation of investor trust.”

He further highlighted a March 2023 FBI raid on the premises of Sagar Adani, Gautam Adani’s nephew, where electronic devices were seized as part of the investigation.

'SEBI NOT ABLE TO PROVE ANY CHARGES AGAINST ADANI'

Shiv Sena (UBT) leader Priyanka Chaturvedi criticised central probe agencies following US charges against Gautam Adani and others in an alleged bribery case linked to solar energy contracts.

Chaturvedi raised concerns about corporate governance and regulatory oversight in the country. “They talk about corporate governance, responsibility, and accountability. The industrialists should be asked to follow the rules and regulations, but even the agencies were defending him. The SEBI has not yet been able to prove charges against him,” she said, pointing to what she viewed as failures in ensuring accountability.

'BROUGHT DISREPUTE TO INDIA'

On US charges against Gautam Adani, AAP leader Sanjay Singh called for a probe against the industrialist. He said that the probe should be conducted by an investigation agency under the Supreme Court.

"Adani Group has brought disrepute to India. This is a very serious matter. The PM of India should come forward and answer this. All the pending matters against Adani should be probed by an investigation agency under Supreme Court monitoring, and all the corruption done by him, within and outside the country, should come out before the country and action should be taken against him," he said.

BJP DFENDS

BJP IT cell chief Amit Malviya responded sharply to the Opposition’s criticism regarding allegations involving Adani Green Energy and US-based Azure Power. He pointed out that the charges in the indictment are only allegations and emphasised, “The defendants are presumed innocent unless and until proven guilty.”

Malviya argued that the crux of the case concerns agreements to supply 12 GW of power to the Solar Energy Corporation of India (SECI), contingent on SECI securing power purchase agreements with state electricity distribution companies (SDCs).

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News Network
November 21,2024

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Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

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