Jay Shah Should Come Clean And Face The Probe, Says Kapil Sibal

Kerala Janaraksha Yatra: Case registered against BJP national executive member, 50 others for raising provocative slogans

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

The charge was rejected by the BJP and Shah?s son, Jay Amit Shah, who termed the story?false, derogatory and defamatory?.

"All loans have been taken strictly in accordance with law.security has been provided. Jay Shah's businesses are done in full honesty and all taxes are paid", he said. "Jay Shah has chose to file criminal and civil defamation suit against the author, editors and the owner of news website The Wire for Rs 100 crore for defamation", Goyal said. In a statement issued, Jay described the article as "absolutely false imputation in a slanted article" and said that he would file a Rs 100 crore defamation case in the matter.

Sibal, citing the RoC filings, also alleged that a firm Kusum Finserve LLP, in which Jay Amit Shah had 60 per cent stake, had got a contract in Madhya Pradesh in wind power sector despite the company being engaged in stock trading.

Attacking Prime Minister Mr Narendra Modi, Mr Yechury tweeted, "Latest in the series of corruption cases under Modi". Will you ask ED to arrest these people?

Opposition parties sought a probe into claims in a media report that a company owned by BJP chief Amit Shah's son saw a huge rise in its turnover after his party came to power in 2014. "If Jay Shah wants to file defamation he can do it, why is Piyush Goyal interfering in it?" he added.

Bayern Munich appoint Jupp Heynckes as head coach to replace Ancelotti
Bayern Munich have announced their new coach, who will take charge of the German giants after Carlo Ancelotti was sacked. Heynckes had previously told German publication Kicker that his appointment was an act of friendship and not a comeback.

Asked where is the criminality, he said "we are talking about crony capitalism".

He also questioned Goyal's defence of the cooperative bank which had extended the loan to Jay Shah.

Sibal said at the media briefing that Temple Enterprises had recorded losses in 2012-2013 and 2013-2014 of Rs 6,230 and Rs 1,724, respectively but showed a profit of about Rs 18,000 in 2014-15. It alleged the revenues of the company witnessed an "astonishing surge" in the financial year ended March 2015, when the firm received an unsecured loan of Rs 15.78 crore from a financial services firm owned by Rajesh Khandawala, the samdhi (in-law) of Parimal Nathwani, a Rajya Sabha member and top executive of Reliance Industries. It's not the RBI, the poor or the farmers.

"Today, we want to ask our Prime Minister what you now think about crony capitalism". It's the Shah-in-Shah of Demo (netisation). We don't take umbrage in falsehood as the Congress is known to do.

Goyal also lashed out at Congress for its remarks following the publication of the article, and said, "I wish the Congress would come clean and not stop the Justice SN Dhingra Commission report and tell the truth about the Congress family".

Sitaram Yechury, general secretary of the CPI (M), demanded further investigation in the case on Twitter.

Related News:

  • Sen. Tim Kaine visits Puerto Rico to survey hurricane damage

    Sen. Tim Kaine visits Puerto Rico to survey hurricane damage

    Ricardo Rossello and Del. "What is really nasty is that anyone would turn their back on the Puerto Rican people", she added . He observed Hurricane Maria's damage, shook hands with officials, and talked federal funding.

    Saudi king, Putin sign deals on historic Russian Federation trip

    During the meeting, Russian President hailed the historic relations between two countries. Relations between the two countries have often been strained.
    Quiz: How Well Do You Know Tom Petty?

    Quiz: How Well Do You Know Tom Petty?

    Call it superstition, laugh if you must, but I've never set out on a road trip without listening to "Don't back down" first. The Wrap said the band had wrapped up a tour with three concerts at the Hollywood Bowl ending September 25.
  • Twitterati praise Indian team's gritty performance against U.S.  in opener

    Twitterati praise Indian team's gritty performance against U.S. in opener

    The game ended with a 0-3 win for the US. "It was our first World Cup match and it was history to be playing in India ", he said. Once the U-17 World Cup concludes, India will turn its attention to winning the bid for the U-20 World Cup two years later.
    Mike Williams (back) will make Chargers debut in Week 6

    Mike Williams (back) will make Chargers debut in Week 6

    The new Los Angeles Chargers target has missed all his rookie season while recovering from a herniated disc injury in his back. Having trailed for 67.7-percent of their time on the field this season, a good start was imperative for the Giants.
    Fletcher desperate to end years of Scotland heartache

    Fletcher desperate to end years of Scotland heartache

    With only three days between the fixtures, Strachan may give McGregor his chance in the Slovenian capital but it looks unlikely. On 59 minutes Gordon was required again to keep it level and keep alive World Cup dreams. 'The goal was massive.
  • Gyan leading Ghana crusade for replay of World Cup qualifier

    Gyan leading Ghana crusade for replay of World Cup qualifier

    Ghana will play the Pharaohs of Egypt in their final round of the qualifiers in November. Luckily, Raphael Dwamena scored in the fourth minute of injury time.
    The Las Vegas massacre

    The Las Vegas massacre

    Paddock's girlfriend, who was out of the country at the time of Sunday's shooting, said she had no idea he was planning an attack. A Koondoola woman says she doesn't think Marilou Danley is involved in boyfriend Stephen Paddock's Las Vegas killing spree.
    EU Commission Says All Sides Should Stick to Iran Nuclear Deal Terms

    EU Commission Says All Sides Should Stick to Iran Nuclear Deal Terms

    Defense Secretary James Mattis told lawmakers Tuesday it is in the best intertest of USA national security to remain in the deal. On North Korea, the president said "we will do what we must do" to prevent Pyongyang from threatening the USA and its allies.
  • California declares itself a 'sanctuary state' - here's how ICE responded

    California declares itself a 'sanctuary state' - here's how ICE responded

    Pablo Alvarado, director of the National Day Laborer Organizing Network, said Trump seeks to cause distrust for political gain. Other bills signed by Brown as part of the package include protections for education, housing, employment and law enforcement.
    No Guarantees Nigeria Will Beat Zambia, Says Moses

    No Guarantees Nigeria Will Beat Zambia, Says Moses

    I'm confident that we will get the desired result because the handlers know what they want and they know how to get the result. Ivory Coast, who have a narrow one point advantage over Morocco in Group C, have a tough match in Mali on Friday.
    Police to review Tory security after PM prank

    Police to review Tory security after PM prank

    Under the party's rules, a leadership race can be triggered if at least 48 of those MPs express their support. Deputy leader Damian Green says she will also announce "a return to council house-building".


Most liked

Female news anchor accuses Harvey Weinstein of masturbating in front of her
The only way for Sivan, who was blocked by kitchen equipment, to exit the situation was to push past him and get to the hallway. Weinstein denies many of them and was not given a fair opportunity to present evidence and witnesses on his side". "Others did.

Las Vegas shooter reportedly researched Boston concerts
CBS News has reported he did scout other hotels and concert venues in the Las Vegas area, looking to book specific rooms. The Red Sox said in a statement that they have been told there's now no credible threat to Fenway Park.

Gregg Sulkin & 'Runaways' Co-Stars Team Up for First Teaser Trailer
The show premieres on Hulu on November 21, just in time for all those bored teens to watch while they're stuck at home for Thanksgiving break.

How Many Lonmin Plc (LON:LMI)'s Analysts Are Bullish?
Shore Capital reissued a hold rating on shares of International Personal Finance Plc in a report on Wednesday, July 26th. GKN plc is a global engineering company. 1St Source National Bank accumulated 0.42% or 57,578 shares.

Iranian-Born Woman Elected to New Zealand Parliament
He has opened preliminary coalition talks with both parties in recent days and given himself a deadline of next Thursday to make a decision.

Joe Girardi: "I screwed up" by not challenging HBP call
I know his knees hurt at times and they're a little creaky, but, no, he's a really good athlete and he can manipulate the ball. In that game, Sabathia pitched 5 2/3 innings, giving up three runs on four hits with five strikeouts and four walks.

India vs Australia 1st T20 Live Score, Online Streaming DD National Hotstar
The fans can follow the live coverage of India vs Australia T20 match on HotStar official website as well as HotStar mobile app. The visitors could manage to add only 42 runs in the next 8.5 overs losing another five wickets before rain interrupted play.

GST council meet underway: 6 major announcements we can expect from govt
Similarly, the tax rate on rotis and khakra was cut along with savouries and ayurvedic and homoeopathic medicines. The monthly to quarterly switch over for filing of returns for small businesses will kick off from October 1.

Asamoah Gyan dropped from Black Stars squad against Uganda
Christian Atsu has pulled out of the Ghana squad for upcoming World Cup qualifier against Uganda because of a calf problem. He was expected to return for the clash against the Black Stars but due to a tight work schedule, he says he won't make it.

Wales manager Chris Coleman
Wales players and manager Chris Coleman wave to fans on a open top bus during the homecoming celebrations in Cardiff City centre. Gareth Bale has been ruled out of Wales' final two World Cup qualifiers against Georgia and the Republic of Ireland .

AAA: 'Infotainment' centers a major distraction for drivers
Programming navigation was the most distracting task, taking an average of 40 seconds for drivers to complete, the group noted. Toyota had three vehicles coming in with "low" rankings, including the Camry SE, Corolla SE and the Toyota Sienna XLE.

ISS spacewalk to replace Canadarm2 part
Bresnik and Vande Hei are working to replace one of the two Latching End Effectors on Canadarm2, the space station's robotic arm. They replaced one of two Latching End Effectors (LEE) which had lost the ability to grip effectively, said the USA space agency.

Pence pledges that U.S. will go to the moon, Mars and beyond
And they're promising that in five years, astronauts could be working around the moon - but not quite land there yet. Trump administration officials are pledging to send Americans back to the moon - and then on to Mars.

Saudi Aramco IPO on track for 2018
This leaves Moscow aligned with Saudi Arabia's arch-rival Iran, whose influence Riyadh fears is growing in the region. Tass reported Thursday that Saudi Arabia was interested in buying Russia's S-400 air defense missile system.

'Glee' Actor Takes Plea Deal on Child Porn Charges
The document states that Salling has been ordered to pay "approximately $50,000" restitution to each victim who has requested it. Salling and prosecutors agreed the appropriate sentence should be 4 to 7 years in prison. with 20 years of supervised release.