Jay Amit Shah to sue The Wire for Rs 100 crore over defamatory report
According to the report, filings with Registrar of Companies (ROC) revealed that turnover of Jay’s company Temple Enterprises rose 16,000 times after the 2014 Lok Sabha election .
A day after news website The Wire published an investigative piece on the increase in the profits of a firm owned by Bharatiya Janata Party president Amit Shah‘s son, Jay Amit Shah , Railways Minister Piyush Goyal defended him by terming the report baseless.
BJP terms reports by news publication against Jay Shah baseless.
The report revealed a dramatic jump in profit of firm owned by Shah.
BJP said Jay will file Rs 100 crore lawsuit against the publication.
According to the report, filings with Registrar of Companies (ROC) revealed that turnover of Jay’s company Temple Enterprises rose 16,000 times after the election of Narendra Modi as prime minister.
Goyal, while talking to media persons today rubbished the allegations and said that all the transactions were made through banking channels adding that Jay’s business was legitimate.
The Railways Minister said that every question was answered timely by Jay and added that loan taken from NBFC were paid full with interest. Meanwhile, downplaying the findings Goyal also said that Rs 80 crore was not a large amount in commodity business. According to the report, Jay suffered losses and decided to shut the company in October 2016.
Earlier, senior Congress leader Kapil Sibal, while talking to the media persons took a jibe at the BJP government. He said that the change of power had also affected change in the fortunes of some people.
Sibal alleged that the filings with ROC have revealed that the company owned by Amit Shah’s son started making profits after Modi came to power in 2014.
-New Delhi, October 8, 2017