Wednesday, April, 11, 2018
  • Nation
  • World
  • States
  • Cities
  • Business
  • Sport
    • IPL
    • Commonwealth Games 2018
  • Entertainment
  • Galleries
  • Videos
  • Life Style
  • Specials
  • Opinions
  • All Sections  
    States Tamil Nadu Kerala Karnataka Andhra Pradesh Telangana Odisha
    Cities Chennai DelhiBengaluru Hyderabad Kochi Thiruvananthapuram
    Nation World Business Sport Cricket Football Tennis Other Education
    Entertainment English Hindi Kannada Malayalam Tamil Telugu Review Galleries Videos
    Auto Life style Tech Health Travel Food Books Spirituality
    Opinions Editorials Ask Prabhu Columns Prabhu Chawla T J S George S Gurumurthy Ravi Shankar Shankkar Aiyar Shampa Dhar-Kamath Karamatullah K Ghori
    Today's Paper Edex Indulge Event Xpress Magazine The Sunday Standard E-paper
Home Nation

Congress demands probe into business interests of Piyush Goyal's family 

By PTI  |   Published: 11th April 2018 01:07 AM  |  

Last Updated: 11th April 2018 01:07 AM  |   A+A A-   |  

0

Share Via Email

Union Minister Piyush Goyal (File | PTI)

NEW DELHI: The Congress today demanded the immediate sacking of Railway Minister Piyush Goyal, alleging that his family has business interests in companies that are in default.

It demanded a judicial investigation by a sitting Supreme Court judge to see if there was conflict of interest.

Congress leader Pawan Khera said at a press conference that while Prime Minister Narendra Modi talks of probity, he is silent on Goyal's family investments, which "have not been made public" by him despite holding a public position.

He alleged that Goyal's wife owned a company that started with Rs one lakh capital and has made profits to the tune of Rs 30,000 crore in 10 years, which was akin to the "Jay Shah model" of investment where the company's turnover grew multiple times during the Modi Government.

"The truth is that position of Piyush Goyal stands compromised leaving it untenable for him to continue as a Union Cabinet Minister.

He should be forthwith sacked and a judicial investigation be ordered through a sitting Supreme Court Judge," he told reporters.

The Congress leader alleged that layers of common corporate ownership, unprecedented rise in profits and earnings and similar pattern of other companies owned by another business family, now referred to NCLT for disputes resolution/haircut of loans as also commonality of interest with Piyush Goyal and family are being revealed.

Khera also gave details of web of 11 companies, including Shirdi Industries, in which Goyal and his wife" have been directors and have business interests" and demanded a thorough probe to look into the allegations.

In a statement issued by the BJP last week after similar allegations were levelled against him with regard to Shirdi industries, Goyal had asserted that there has been "absolutely no wrongdoing or irregularity" on his part as he gave out details of the transactions, being used by the Congress to target him.

He had termed the entire issue as another episode of the Congress' "spit and run?" politics to divert attention from main issues relating to the common man.

The "malicious statement" by the Congress party is factually misleading and makes incorrect conclusions with false and defamatory statements and it is full of factual inaccuracies, mix up of dates and allude to events with no relevance his brief association with Shirdi Industries Ltd, he had said Khera today asked why the prime minister and the finance minister were "completely mum on the entire issue".

"When will you talk about cleanliness in your cabinet.

"Why has Shri Piyush Goyal not explained the nature of business relationship and common business interests in the 11 companies named," he asked, alleging that whenever Piyush Goyal or his family resigned as directors of these companies, they have been replaced by the same set of people.

The Congress leader hit out at the prime minister, saying while he talks of transparency and was giving lectures on cleanliness, "this is the reality of the prime minister's 'swachh bharat' and 'swachh cabinet''.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
TAGS
Congress Piyush Goyal Modi

O
P
E
N

More from this section

Will ensure fair elections take place in India, says Facebook CEO Mark Zuckerberg in US Senate hearing

External Affairs Minister Sushma Swaraj takes up denial of entry to Indian students in Georgia

Stop Rape

Politics over rape and murder of Kathua tribal girl leads to tension in Jammu

CWG2018

Latest

Google appeals CCI's ruling over alleged search bias

Sushma Swaraj takes up denial of entry to Indian students in Georgia

Media bodies seek PM's intervention in Press Council of India matter

Debt-ridden farmer allegedly kills self in Maharashtra

J-K: Politics over Kathua tribal girl murder leads to tension

Billings star as CSK beat KKR by 5 wkts in thriller

Custodial death: Three Kerala policemen suspended

Naval helicopter makes emergency landing at Mumbai airport 

IPL2018
Videos
Tamil Nadu government has assured proper security during matches: IPL Chairman Rajeev Shukla
Terrorism is hurting US-Pakistan relations, says former Pakistan envoy to US Hussain Haqqani
arrow
Gallery
The police on Tuesday took into custody members of various organisations protesting against the holding of Indian Premier League (IPL) match between Chennai Super Kings and Kolkata Knight Riders in Chennai. (EPS | P Jawahar)
Cauvery management board issue: Protest escalates in Chennai; shoe hurled at CSK players
Jitu Rai started the gold rush today in the 10m air pistol event, shrugging off a weak qualifying round to shatter the Games record with a score of 235.1 in the final.The 17-year-old Mehuli Ghosh grabbed a silver in the 10m air rifle, finishing ahead of experienced teammate Apurvi Chandela. (Photo | AP)
Shooters, shuttlers, paddlers add to India's medal tally at Commonwealth Games 2018
arrow

Trending

FOLLOW US

Copyright - newindianexpress.com 2018

Dinamani | Kannada Prabha | Samakalika Malayalam | Malayalam Vaarika | Indulgexpress | Edex Live | Cinema Express | Event Xpress

Contact Us | About Us | Careers | Privacy Policy | Search | Terms of Use | Advertise With Us

Home | Nation | World | Cities | Business | Columns | Entertainment | Sport | Magazine | The Sunday Standard