BJP has denied all allegations against Amit Shah's son Jay. He claims that he took the loans for his business from NBFC on purely commercial terms strictly in accordance with law.
Furthermore, Goyal said, "All loans were fully paid along with interest after deducting tax at source".
"I have chose 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 Crore", Jay said. 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".
Senior Congress leader Kapil Sibal, while addressing a press conference at the party headquarters in the capital, cited the Temple Enterprises Private Limited filings with Registrar of Companies (ROC) and expressed surprise as to how a company which did not have any inventory or assets, filed a turnover of Rs 80.5 crores. "Will you ask ED to arrest these people", Sibal asked at a press conference here. The report, The Golden Touch of Jay Amit Shah, was published on Sunday morning. 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.More news: Note in Las Vegas gunman's hotel room included details of bullet trajectory
The Congress leader also questioned Goyal the reason behind giving loan from his ministry in the name of startups to Jay Shah and asked him to reveal the number of companies they have provided loan for the same goal. The Congress and other political parties demanded an official probe into the issue.
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". It's not the RBI, the poor or the farmers. We know who the CBI and ED will investigate and who the agencies will not investigate.
"Today, we want to ask our Prime Minister what you now think about crony capitalism". While CPI's D Raja demanded a "high level SIT probe monitored by the court", AAP sought a criminal enquiry into the allegations. "Latest in the series of corruption cases under Modi. Why is PM silent", CPI (M) chief Sitaram Yechury tweeted.
"As far as his ministry is concerned, they gave the loan of Rs. 10.35 crore to Jay Shah then they say that we don't want start ups".