(Image source from: Ndtv.Com)
Amit Shah’s Son To Sue News Portal Over “Defamatory” Article:- A story published by a news portal, The Wire, alleged that a company run by BJP National President Amit Shah’s son Jay Shah, had allegedly posted a turnover which was 16,000 times, compared to the previous year. Meanwhile, the allegations were termed as “derogatory, defamatory, hallowed and baseless” by Union Minister Piyush Goyal.
Goyal said that there is “absolutely no substance whatsoever” in the story reported by The Wire. The reputation of Amit Shah is trying to be damaged by the online news portal, claimed Goyal.
“Mr Jay Shah, son of Amit shah, has decided to file criminal defamation suit against the author, editors and the owners of The Wire. They shall be prosecuted for criminal defamation and sued for an amount of Rs 100 crore in the Ahmedabad court,” he said.
(Video Source : NDTV)
A “fully legitimate business” was run by Jay Shah and all the transactions were done through formal banking, claimed Goyal. Responding to allegations on obtaining an “unsecured loan” by Jay Shah’s company, Temple Enterprises Pvt Ltd, Goyal said, “All loans have been taken strictly in accordance with law..security has been provided. And the loan taken from NDFC has been full paid along with the interest.”
Jay Shah responded to the questionnaire provided by The Wire, and he has nothing to hide. “Mr Jay Shah responded to the questionnaire with details of all the transactions…shah has nothing to hide,” said Goyal.
Goyal explained that that the commodity business started by Jay Shah, along with a family friend, was closed down after it ran into loses. “Jay Shah is an engineer from a reputed college. He partnered with Jitendra Shah, a commodity trader. Together they decided to start commodity trading. The agri commodities business is a high volume low margin business. When you start a new business, you are bound to see an increase in business. 80 cr is not a big revenue in the commodities business. Unfortunately the business was closed due to loses.”