Amit Shah at Panchayat Aaj Tak: No corruption in son Jay Shah's business deals

Amit Shah today defended his son Jay Shah at Panchayat Aaj Tak. Amit Shah said that there was no irregularities in the business dealings.

IndiaToday.in  | Edited by Prabhash K Dutta
Ahmedabad, October 13, 2017 | UPDATED 12:29 IST
Amit ShahBJP president Amit Shah at Panchayat Aaj Tak.

BJP president Amit Shah today defended his son Jay Shah in the wake of recent reports that his Temple Enterprises benefited from his political influences.

Amit Shah said, "There is no question of corruption in the business dealings of Jay (Shah). The business was of commodity trade which is high value low profit venture. If a company's turn over becomes Rs 1 crore, its profit does not become Rs 1 crore."

"After achieving a turnover of Rs 80 crore, his company suffered a loss of Rs 1.5 crore. Despite this turnover, he did not earn profit. All the payments were made through cheques. There is no question of money laundering," Amit Shah said.

Amit Shah also denied that Jay Shah's company got unsecured loan. "It was not unsecured loan, it was line of credit," Amit Shah.

Recall Congress days, Amit Shah says ahead of Gujarat Assembly election

Speaking at the Panchayat Aaj Tak today in Ahmedabad, BJP president Amit Shah said that the law and order situation in Gujarat was worse when the Congress ruled the state. He said that people should recall the time when the Congress was in power in Gujarat.

Amit Shah said that the BJP government in Gujarat improved the law and order in the state that led to flourishing commerce and trade making Gujarat the leading state in the country. The Congress was in power in Gujarat in 1990s. Since 1998, the BJP is in power in Gujarat.

Amit Shah also said that the Gujarat government under Narendra Modi provided 24-hour electricity supply in the entire state. "The Congress had failed to place electricity poles in the villages of Gujarat for 60 years," Amit Shah said.

AMIT SHAH ON GDP

"Communal and caste clashes are the contribution of the Congress. The credit for making the country riot-free goes to the BJP. The BJP government has made a record for bringing development. Gujarat model of development is discussed all across the country. It is because of this Gujarat model that the country chose to make Narendra Modi the prime minister," Amit Shah.

On the question of declining GDP growth rate, Amit Shah said, "The Congress first answer how they brought the 8.8 per cent growth rate handed over to them by the Atal Bihari Vajpayee government to 4.4 per cent."

"The GDP growth rate of 5.7 per cent was recorded in only one quarter. It will definitely improve," Amit Shah claimed.