'Pradhan Sewak' Modi should initiate probe in Jay Shah's case: Congress

'Pradhan Sewak' Modi should initiate probe in Jay Shah's case: Congress

'Pradhan Sewak' Modi should initiate probe in Jay Shah's case: Congress

The Congress leader said it was unusual that a Union minister (Piyush Goyal) was defending a private citizen (Jay Shah).

Jay said he had taken loans either from NBFCs or non-funded credit facilities from a co-operative bank on purely commercial terms in accordance with the law.

The website had carried a stunning expose claiming that Jay Shah's company's turnover had increased by 16,000 times since Narendra Modi became India's prime minister in May 2014.

"Since the website has proceeded in making an absolutely false imputation in a highly slanted article thereby damaging my reputation, I have made a decision to prosecute the Author, Editor/(s) and the Owner/(s) of the aforesaid news website for criminal defamation and sue them for an amount of Rs 100 crores". In a statement, Jay denied any wrong doing and said, "The article makes false, derogatory and defamatory imputation against me by creating in the minds of right-thinking people an impression that my business owes its "success" to my father Shri Amitbhai Shah's political position".

As per The Wire report, Jay's company, Temple Enterprise Private Ltd, jumped from its revenue of Rs 50,000 in 2014-2015 to Rs 80.5 crore in 2015-2016.


Prime Minister Modi was on Sunday in Gujarat, while Congress Vice-President Rahul Gandhi is to visit the state on Monday. "Would he ask for an investigation by the CBI and the Enforcement Directorate as they normally do in the case of people from the Opposition".

Sibal, while talking to the media persons, here said the total assets, number of employees Jay Shah's company had, all these questions are a mystery and probe is needed to reveal the complete truth.

Regarding the title of the report, Goyal retorted: "The name "Jay Amit Bhai Shah" is used in the title".

The article also questioned loans given to another of his companies for a power project. The Congress and other political parties demanded an official probe into the issue. He said the got company got Rs 25 crore loan from the Kalupur Commercial Cooperative Bank. It's the Shah-in-Shah of Demo (netisation). We know who the CBI and ED will investigate and who the agencies will not investigate. While CPI's D Raja demanded a "high level SIT probe monitored by the court", AAP sought a criminal enquiry into the allegations.

Soon after Shah led a march to the CPI (M) office, the communist party criticised the "Jan Raksha Yatra" saying it was aimed at diverting public attention from the growing discontent against the Modi government. Birla-Sahara Dairy, GSPCL, Vyapam, Lalit Modi, rice and mining scams. "We outrightly reject the allegations and thus [they] should not be reproduced in a way that could be defamatory", Goyal said.

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