March 23, 2018

Oppn demands probe into junior Shah's business

09 October 2017, 12:52 | Franklin Nunez

Vadikkal Ramakrishnan

Vadikkal Ramakrishnan

However, Union minister and senior BJP leader Piyush Goyal rejected the allegations outright, terming the article in The Wire "defamatory and malicious" and "with no substance".

The article also questioned loans given to another of his companies for a power project. "My businesses are fully legitimate and conducted in a lawful manner on commercial lines, which is reflected in my tax records, and are through banking transactions", Shah's son said in the statement. "All loans were in accordance with law & were paid back with full interest".

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.

He also said that it was not unusual for the second firm named in the piece to venture into the unrelated power business, pointing to his own career and saying he started an engineering company after completing his chartered accountancy. He said, "The article was trying to show impropriety through imputation against Amit Shah which is why Jay Shah has chose to file a Rs 100 cr damage suit in Ahmedabad".

The Congress leader's press conference was held after the news website, The Wire, broke the story. Citing filings with the Registrar of Companies, the report said that the turnover owned by Temple Enterprise Private Ltd, a company where Jay Shah was a director, rose 16,000 times from Rs 15,000 in 2014-15 to Rs 80.5 crore in 2015-16.

Former Catalan leader fears violence on the streets if army sent in
The crisis comes after Catalonia held a controversial and illegal vote at the weekend on splitting from Spain . Constitutional Court bans session of Catalan parliament due on Monday.

"Today, we ask a question to the Prime Minister, the pradhan sevak".

After the report was published online, Congress attacked BJP president Amit Shah and asked Prime Minister Narendra Modi to explain what it called the "Shah model of business" and demanding an enquiry. 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 Reserve Bank of India, the poor or the farmers.

Goyal also lashed out at Congress for its remarks following the publication of the article, and said, "I wish the Congress would come clean and not stop the Justice SN Dhingra Commission report and tell the truth about the Congress family". It's the Shah-in-Shah of Demo (netisation). "Will you ask ED to arrest these people", Sibal asked at a press conference here. "Latest in the series of corruption cases under Modi". Birla-Sahara Dairy, GSPCL, Vyapam, Lalit Modi, rice and mining scams.

The Aam Aadmi Party also demanded a high-level probe. He said that, "We reject any allegation or imputation against any leader".

Other News

Trending Now

Black Stars will shock Uganda-Kwesi Appiah
Where can I watch Uganda v Ghana? This post was syndicated from The Independent Uganda :. Egypt because they are playing away against Ghana in the last game.

US Republican lawmakers examining barriers to Puerto Rico recovery
Only 10 percent of the island's cell phone towers are working and residents have waited hours in long lines for gas or groceries. Trump visited relief camps meeting the survivors and distributed supplies even throwing paper-towel rolls into the crowd .

Watch World Cup 2018 qualifiers live on TV, Online
The team around Lionel Messi now relies on power of legendary Stadium of Boca Juniors. "We love you forever and ever". They play 9-place Bolivia at home on the final day, needing only a point to make certain of qualification.

British PM May given unemployment form by a heckler during speech
Prime Minister Theresa May just lived out every one of your public speaking nightmares during the annual U.K. Grant Shapps says the prime minister can not recover following disastrous party conference speech.

India beat Australia by 9 wickets in rain-curtailed 1st T20 match
Test hopeful Marcus Stoinis will replace Smith in the T20 squad, while vice-captain David Warner will take over as captain. The bad news for Australian side is, skipper Steven Smith is ruled out of the first T20 match due to an injury.

Titans to start Matt Cassel with Marcus Mariota inactive
Early in the game, Cassel dropped back, looking for an open receiver, when the Miami Dolphins' Kiko Alonso absolutely leveled him. The Dolphins held Tennessee to just 188 total yards and an ugly 2-for-13 on third down.

Rafael Nadal 'heartbroken' over Catalan independence referendum clashes
Officials claim that 90% of Catalans who voted backed leaving Spain , but turnout for the referendum barely exceeded 40%. More than two million Catalans voted to eave Spain last Sunday in a poll marred by a violent police reaction.

Puerto Rico Gov.: Puerto Rico needs equal Federal response
Along with innumerable others, Weaver was disgusted with Trump's treatment of the citizens of the unincorporated US territory. Mapp said the island was making progress in its recovery from Hurricane Maria and expected schools to reopen on Tuesday.

Heynckes confirms offer to return to Bayern
And I've only done it because I owe a great deal to Bayern. "He's the ideal man for FC Bayern at this moment in time". Bayern face Freiburg next Saturday, before welcoming Celtic to the Allianz Arena on 18 October.

Tillerson Says US Concerned About Pakistan Govt's Future
Pakistan's relation with the United States is "extraordinarily important", he said. "It is not just about Afghanistan ". Pakistan's Ambassador to US Aizaz Chaudhry accompanied Foreign Minister Asif during the meeting.