TMC pricks BJP on allegations against Amit Shahs son

09 October, 2017, 00:49 | Author: Cassandra Gardner
  • Union Minister Arjun Ram Meghwal leads the Janaraksha Yatra with BJP state president Kummanam and other leaders at Panoor in Kannur on Friday

"They shall be prosecuted for criminal defamation and sued for an amount of Rs 100 crore in the Ahmedabad court", he said. The report also flagged how Jay's company, whose business is primarily stock trading, turned to generating wind power with a loan from a public sector enterprise. "The loans taken from NBFCs have been fully paid along with interest after deducting TDS". Will you ask them to arrest them? In 2014-15, it showed a profit of Rs 18,728 on revenues of only Rs 50,000 before jumping to a turnover of Rs 80.5 crore in 2015-16. Attacking Modi, Yechury tweeted, "Latest in the series of corruption cases under Modi. We won't reply violence with violence as we are not communists but we will spread awareness against political killings", he said. "I can confidently tell you that the Prime Minister will remain silent", Sibal said at a press conference.

Union Minister Piyush Goyal addressing a press conference described the article titled "The Golden Touch of Jay Amit Shah" as "absolutely false, baseless, malicious, defamatory, hollow with absolutely no substance". The Congress sought answers from the Prime Minister and the BJP president, and demanded a probe by the ED and the CBI.

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Jay Shah, son of BJP President Amit Shah, on Sunday refuted a news portal story against him indicating that his private business rose to astronomical level after the BJP came to power at the Centre and called it "false and derogatory".

"I have made a decision to prosecute the author, editor (s) and the owner (s) of the aforesaid news website for criminal defamation and sue them for an amount of Rs 100 Crore", Jay said.

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Regarding the title of the report, Goyal retorted: "The name "Jay Amit Bhai Shah" is used in the title". He claims that he took the loans for his business from NBFC on purely commercial terms strictly in accordance with law. That same year, it received an unsecured loan worth Rs 15.78 crore from non-banking financial company KIFS Financial Services, before winding up its business in October 2016. Will you give direction to the CBI to probe the matter? "We are not saying that there is any criminal offence, but a probe is needed in this regard", Congress leader Kapil Sibal said.

Sibal, while talking to the media persons, here said the total assets, number of employees Jay Shah's company had, all these questions are a mystery and probe is needed to reveal the complete truth. He said the got company got Rs 25 crore loan from the Kalupur Commercial Cooperative Bank. "L K Advani had resigned after the Jain Hawala diary episode while its then party president Bangaru Laxman had quit after a corruption expose", Yechury said, asking will it happen now under the Modi government.

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