State minister for water Shamim's annual income surges 27-fold | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Wednesday
May 28, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
WEDNESDAY, MAY 28, 2025
State minister for water Shamim's annual income surges 27-fold

Politics

Syed Mehedi Hasan
10 December, 2023, 08:00 pm
Last modified: 10 December, 2023, 08:12 pm

Related News

  • How DCs could rig national elections in favour of a party
  • BNP to demand national elections by mid-2025 at press conference today
  • Former state minister Zahid Faruk sent to jail
  • State minister Zahid Faruk visits flood affected Feni areas
  • Election was neither free nor inclusive: TIB executive director

State minister for water Shamim's annual income surges 27-fold

According to Zahid Faruk Shamim's affidavit for 7 January election, his annual income has increased to Tk1.67 crore.

Syed Mehedi Hasan
10 December, 2023, 08:00 pm
Last modified: 10 December, 2023, 08:12 pm
State minister for water Shamim's annual income surges 27-fold

Retired colonel Zahid Faruk Shamim became the state minister for water resources following his victory in the 2018 polls with the 'boat' symbol. 

He has secured the blessing of the Awami League once again to contest the upcoming election from the Barishal-5 seat.

However, the victory does not appear to be an easy one this time, with Barishal Metropolitan Awami League General Secretary and former mayor Sadiq Abdullah confronting him as an independent candidate.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

According to his 2018 affidavit, Zahid Faruk, a businessman by profession, declared an annual income of Tk4.51 lakh. In his latest affidavit submitted for the 7 January election, his annual income has increased by twenty-seven-fold to Tk1.67 crore.

The sources of his annual income are detailed as Tk53.30 lakh from his allowance as a parliament member, followed by Tk1.14 crore from bank profits and flat sales. 

The income breakdown reveals that the incumbent State Minister's annual income has increased by Tk1.63 crore in five years.

In addition to his annual income, Zahid Faruk possesses Tk58.11 lakh in cash, a bank deposit of Tk1.9 crore, stock investments of Tk1.25 lakh, a car worth Tk23.89 lakh, 20 bhori gold, electronic products worth Tk1.50 lakh, and utensils valued at Tk70k.

He also owns two houses in Barishal's Alekanda and two buildings in Cox's Bazar and Baridhara in Dhaka, which are valued at Tk1.1 crore.

In addition to Zahid, his wife possesses cash of Tk92.19 lakh, a bank deposit of Tk56 lakh, savings certificates worth Tk70 lakh, 10 bhori gold, and a gun valued at Tk4.50 lakh.

Bangladesh / Top News

WS24 / Zahid Faruk Shamim / Bangladesh National Election

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Inflation, exchange rate shocks to intensify fiscal pressure in FY26
    Inflation, exchange rate shocks to intensify fiscal pressure in FY26
  • Leaders and activists of BNP gather at Nayapaltan ahead of the rally of three BNP affiliated organisations on Wednesday, 28 May 2025. Photo: TBS
    BNP, Jamaat rallies: Traffic likely to clog Dhaka roads, including Shahbagh, Nayapaltan, Kakrail
  • Chief Adviser Professor Muhammad Yunus departed for Japan at 2:10am on Wednesday. Photo: CA Press Wing
    CA Yunus in Tokyo to join Nikkei Forum, hold bilateral talks

MOST VIEWED

  • Selim RF Hussain. Sketch: TBS
    BRAC Bank MD Selim RF Hussain resigns
  • Bangladesh Bank Governor Ahsan H Mansur. TBS Sketch
    Depositors need not worry as govt will take over banks before merger: BB governor
  • Graphics: TBS
    Suspicious banking activities surge by 56% since July: Cenbank
  • Photo: Collected
    DU student assaulted for protesting eve-teasing at Chadni Chowk
  • Illustration: TBS
    Bangladesh sees highest-ever per capita income of $2,820 in FY25, BBS provisional data shows
  • Officials protest inside the Secretariat on Tuesday, 27 May 2025, over a government ordinance amending the Public Service Act, 2018. Photo: Rajib Dhar
    Protest at Secretariat suspended as govt assures decision on ordinance tomorrow

Related News

  • How DCs could rig national elections in favour of a party
  • BNP to demand national elections by mid-2025 at press conference today
  • Former state minister Zahid Faruk sent to jail
  • State minister Zahid Faruk visits flood affected Feni areas
  • Election was neither free nor inclusive: TIB executive director

Features

In recent years, the Gor-e-Shaheed Eidgah has emerged as a strong contender for the crown of the biggest Eid congregation in the country, having hosted 600,000 worshippers in 2017. Photo: TBS

Gor-e-Shaheed Boro Maath: The heart of Dinajpur

1d | Panorama
The Hili Land Port, officially opened in 1997 but with trade roots stretching back to before Partition, has grown into a cornerstone of bilateral commerce.

Dhaka-Delhi tensions ripple across Hili’s markets and livelihoods

2d | Panorama
Photo: Collected

Desk goals: Affordable ways to elevate your study setup

2d | Brands
Built on a diamond-type frame, the Hornet 2.0 is agile but grounded. PHOTO: Asif Chowdhury

Honda Hornet 2.0: Same spirit, upgraded sting

2d | Wheels

More Videos from TBS

What did Jamaat leader ATM Azhar say after being released from prison?

What did Jamaat leader ATM Azhar say after being released from prison?

47m | TBS Today
How can we protect Dhaka’s rivers and canals from plastic waste?

How can we protect Dhaka’s rivers and canals from plastic waste?

2h | TBS Programs
Jamaat leader ATM Azhar released from prison after 13 years

Jamaat leader ATM Azhar released from prison after 13 years

3h | TBS Today
Trump delays 50% tariffs on EU goods

Trump delays 50% tariffs on EU goods

14h | Others
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net