No ques­tion of cor­rup­tion in son’s firm: Amit Shah

The Times of India (Mumbai edition) - - TIMES NATION -

Ahmedabad: BJP chief Amit Shah on Fri­day said there was no ques­tion of cor­rup­tion in his son Jay Amit Shah's com­pany and it had not re­ceived gov­ern­ment land or con­tract worth even a ru­pee. He was re­fer­ring to a re­port in a news por­tal which claimed that a com­pany owned by Jay Shah saw a huge rise in turnover af­ter the BJP came to power in 2014.

The BJP pres­i­dent also hit out at Congress, say­ing it did not file a defama­tion suit de­spite fac­ing sev­eral cor­rup­tion charges while his son Jay Shah has moved the court over the al­le­ga­tions against him.

He said that the com­pany has not done busi­ness worth a ru­pee with the gov­ern­ment. “It has not got gov­ern­ment land worth a ru­pee, it has not got any gov­ern­ment con­tract worth even a ru­pee. The com­pany has not taken com­mis­sion like in the case of Bo­fors,” he said.

The com­pany, he added, dealt in com­modi­ties like rice and mil­lets. “They are say­ing that the turnover of the com­pany was Rs 80 crore, but they are not show­ing that it in­curred a loss of Rs 1.5 crore. This is a high vol­ume low profit busi­ness. Where is money laun­der­ing in it?” Shah asked.

Re­ply­ing to a query on the loan given to the com­pany, Shah said, “You have to un­der­stand first that it was not a loan, but a let­ter of credit. We were given credit to lift ma­te­rial against cash de­posits. Jay's cash was ly­ing in the bank and we have paid the loan with in­ter­est.”

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