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Amit Shah Rejects Allegation of Money Laundering on Son Jay Shah

"Where has money laundering been done? All the transactions happened through cheques and banks," claimed Amit Shah at an event.

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Amit Shah, BJP National President. Wikimedia

Ahmedabad, October 13, 2017 : Breaking his silence, BJP president Amit Shah rejected allegations of money laundering against his son Jay Shah whose company had reportedly recorded an extraordinary spike in business after the BJP came to power at the Centre, and asserted that it had not done any business with the government nor taken any kickbacks.

He also said that unlike the Congress, which had faced many corruption charges in the past, his son has shown courage to file a civil and criminal defamation suit on the allegations levelled against him and “invited a probe against himself” by this step.

“There is no money laundering involved in Jay’s company. This company is completely in commodity business, where turnover is more while the profit is less. We have exported bajra, corn and rice while coriander was imported. And after doing a turnover of Rs 80 crore, they don’t tell how much they made profit,” Amit Shah said at an “India Today” event “Gujarat Panchayat”.

Answering questions, he said that after making a turnover of Rs 80 crore, Jay made a loss of Rs 1.5 crore. “Where has money laundering been done? All the transactions happened through cheques and banks,” he said.

Asked about Jay Shah filing a defamation suit against the publication, Shah said: “Before answering your question I would like to ask you one thing. After Independence, how many corruption charges have been made against the Congress?

“Please understand this is not corruption. Many allegations of corruption were made against the Congress. Did it ever file a civil suit or defamation suit? No. Why they lacked such courage? Today Jay has filed a defamation as well as civil suit and is demanding a probe himself. Those who have the evidence can submit it to the court, and then the court will decide,” the BJP president said.

He said: “We have ourselves invited a probe and on the company issue I want to clarify that it has not done business with the government of even Re 1 nor taken any government land or tender. Neither has it received kickbacks as in the case of Bofors.”

When asked about Jay’s company securing unsecured loans, Shah said it was not unsecured loans. “It was a line of credit,” he added. (IANS)

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The United States Of America Drops Out Of Top 20 Corrupt Countries

For the 2018 index, 180 countries were surveyed. Denmark and New Zealand topped the list while Somalia, Syria, and South Sudan were at the bottom.

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U.S. President Donald Trump is seen through his transparent teleprompter as he speaks during the Missile Defense Review announcement at the Pentagon in Arlington, Virginia, U.S., January 17, 2019. VOA

A global anti-corruption watchdog says the United States has dropped four spots in its list of nations’ anti-corruption efforts and is now no longer listed in the top 20 for the first time.

Acting U.S. Representative at Transparency International, Zoe Reiter, calls a four point drop in the 2018 Corruption Perceptions Index (CPI) a “red flag.”

She says it comes at a time when the U.S. is experiencing “threats to its system of checks and balances” and an “erosion of ethical norms at the highest levels of power.”

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Caravans from Central America have inflamed the debate over U.S. immigration policy, with U.S. President Donald Trump using the migrants to try to secure backing for his plan to build a border wall on the frontier with Mexico., VOA

“If this trend continues, it would indicate a serious corruption problem in a country that has taken a lead on the issue globally,” Reiter says.

The United States scored a 71 in the perceptions index after scoring 75 the previous year.

“The expert opinion captured by the CPI supports the deep concern over corruption in government reported by America in our 2017 survey. Both experts and the public believe the situation is getting worse,” Reiter said.

Anti-Corruption
Bulgarian anti-corruption protesters march during a demonstration in downtown Sofia, VOA

Transparency International uses several criteria for measuring how well a country is fighting corruption, including checks and balances on political power, controls on conflicts of interest and private influence on government, and voter suppression.

Also Read: World’s Anti-Corruption Day

For the 2018 index, 180 countries were surveyed. Denmark and New Zealand topped the list while Somalia, Syria, and South Sudan were at the bottom. (VOA)