ibusinesslines.com July 18, 2018

No question of corruption in Jay's business dealings: Amit Shah

13 October 2017, 11:06 | Erica Roy

No question of corruption in Jay's business dealings: Amit Shah

No question of corruption in Jay's business dealings: Amit Shah

"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".

The BJP government in the state is the best financially managed government and had brought down the financial liability from Rs 4,000-crore created by the previous Congress regime to Rs 2,500 crore, he said and asked the Congress not to worry about special packages so early. He reiterated that Jay Shah's business, commodity trade, was a high value low-profit venture.

Although the call for a probe came with strings attached, it stood out in contrast to the outright manner in which several BJP ministers and leaders had readily given a clean chit to Jay Amitbhai Shah and attacked the news portal, The Wire, that carried the report.

He also refuted allegations of money laundering and said all payments were made by cheque.

Amit Shah with his wife at their son Jay Shah's wedding in Ahmedabad. "If a company's turn over becomes Rs 1 crore, its profit does not become Rs 1 crore".

"As far as the company (of Jay Shah) is concerned, it has not done business worth a rupee with the government".

However, issuing a statement, Jay has denied all such allegations.

"Even after facing so many corruption charges, Congress never filed a defamation suit but Jay has filed one..."

"The Wire, a news website, will surely have to explain and answer for the malicious attempt to taint the son of the BJP president and there is surely a clear nexus between Congress and Wire, a joint force to tarnish the image of BJP in the country through indirect means", he alleged.

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

Hitting out at the Congress, Shah said there had been many allegations of corruption against that party, but noted that it hadn't filed a similar lawsuit.

A recent report by a digital media outlet had alluded to political favours granted to Temple Enterprises ever since Prime Minister Narendra Modi-led BJP government came to power.

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