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No Question of Corruption in Jay's Company: Amit Shah

13 October 2017

Jay has filed a criminal defamation case against The Wire in an Ahmedabad court for publishing a story that alleged his firm revenues escalated by 16,000 times after the BJP came to power in 2014.

"The question of corruption does not arise in Jay's company", Amit Shah said during a programme organised by a news channel.

BJP president Amit Shah today defended his son Jay Shah in the wake of recent reports that his Temple Enterprises benefited from his political influences.

Rejecting suggestions that there was any money laundering involved, Shahtold Aaj Tak: "The business was of commodity trade which is a high value low profit venture". Amit Shah also said that the news article only talked about the turnover, but did not mention a single word about the 1.5 crore loss that the company had suffered. It also stated that firm received an unsecured loan of Rs 15.78 crore from a financial services owned by a relative of a Rajya Sabha MP. All the payments were made through cheques.

After the revelation, the Union Railway Minister, Piyush Goyal rubbished the news and said that Jay Shah will file a case of defamation against the author of the report and the editors of the news web portal. Many allegations of corruption were made against the Congress. The loans, he said, were not unsecured but a line of credit.

He said: "We believe in legitimate and honest transactions".

Congress leader Kapil Sibal, a couple of days ago, attacked the BJP over the issue and was quoted as saying in a press conference: "How can a company with no stock, no inventory, no assets, has a turnover of 80 crores?" In his application, Shah sought, "criminal action against the respondents for defaming and tarnishing the reputation of the complainant through an article, which is scandalous, frivolous, misleading, derogatory, libelous and consisting of several defamatory statements".

Congress vice president Rahul Gandhi, on Monday, took a jibe at Prime Minister Narendra Modi over Bharatiya Janata Party (BJP) president Amit Shah's son Jay Shah's involvement in corruption. "You should say something".

No Question of Corruption in Jay's Company: Amit Shah