Congress demands probe into Amit Shah's son business
09 Октября, 2017, 00:50 | Author: Wilson Dawson
The article also questioned loans given to another of his companies for a power project. "Jay carries out a fully legitimate and lawful business on commercial lines which are reflected in income tax (filings) and transactions in banks".
Goyal said it wasn't unusual for a company involved in trading of agricultural products to witness an increase in revenue, and that Rs 80 crore was not a very large amount. "On the contrary, we have gone on the offensive", said Mr Goyal as he issued the statement of Jay in which he had mentioned that he will sue the news website's owner, editor and author for Rs 100 crore for the article.
The Congress charge against the BJP leadership was led by none other than party vice-president Rahul Gandhi, who also linked the episode - as surfaced in an article on a website "The Wire" - to Mr Modi's much talked about demonetisation move.
Sibal said the firm of Jay Shah getting such loan without meeting any eligibility is a clear case of crony capitalism. Offence will come to light when we get to know why the loan was sanctioned. "I can confidently tell you that the Prime Minister will remain silent", Sibal said at a press conference. "Will the PM ask CBI to act? will arrests take place?"
Based on the filings with Registrar of Companies (ROC), online portal The Wire claimed that Temple Enterprise Private Limited - the company owned by Jay Shah - saw an increase in its turnover from Rs.50,000 in 2014-15 to Rs.80 crore.
Congress leader Kapil Sibal on Sunday asked if Prime Minister Narendra Modi would be open to calling for an investigation of Jay Amitbhai Shah, son of Bharatiya Janata Party President Amit Shah, after a news report revealed his company had a huge spike in revenues the year after Modi came to power. It said Jay's company received an Rs 10.35-crore loan from the Indian Renewable Energy Development Agency (IREDA) for a renewable energy start-up and Rs 25 crore worth of finance from the Kalupur Commercial Cooperative Bank, which has influential backers. It's not the RBI, the poor or the farmers. Senior leader Ashuthosh said an FIR should be registered against Jay Shah and a probe should be ordered into his company's activities. It's the Shah-in-Shah of Demo. While CPI's D Raja demanded a "high level SIT probe monitored by the court", AAP sought a criminal enquiry into the allegations.
CPI (M)'s Sitaram Yechury claimed that it is the latest in a series of cases of corruption under the Modi government. Birla-Sahara Dairy, GSPCL, Vyapam, Lalit Modi, rice and mining scams. "We won't reply violence with violence as we are not communists but we will spread awareness against political killings", he said.
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