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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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NYS Suspects Kabura, Gethi Charged Afresh then Freed on Ksh.300K Bail

In the new charge sheet presented on Tuesday, the Prosecution added one new count against Kabura, John Kago Ndungu and Partick Ogola Onyago

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NYS, Kabura, Money Laundering
Josephine Kabura, Ben Gethi and eight others have pleaded afresh to money laundering charges over the National Youth Service (NYS) scandal.

BY GEOFFREY ISAYA

Josephine Kabura, Ben Gethi and eight others have pleaded afresh to money laundering charges over the National Youth Service (NYS) scandal.

In the new charge sheet presented on Tuesday, the Prosecution added one new count against Kabura, John Kago Ndungu and Partick Ogola Onyago.

The particulars on the count 16 reads that between December 1, 2014 and May 30, 2015 in Nairobi, the three accused persons are alleged to have engaged in an arrangement for the transfer of Ksh. 90million into K-rep Ban Account belonging to Patrick Ogolla Onyango T/A Ogola and company Advocates.

This, according to Prosecution, they did while knowing or ought to have known the said money was the proceeds of crime, stolen from NYS.

NYS, Kabura, Money Laundering
The NYS LOGO

The Prosecution further alleged that the effect was to conceal the source of the Ksh. 791million. Also amended are the dates for the offences.

It is alleged that the said offences in the charge sheet were committed between December 2014 and April 2015.

Out 35 witnesses lined up to testify against the accused persons only nine have testified.

The Prosecution also indicated to the court they have not recorded nay new witness statements and if they do do they will serve the defence on time.

 

Similarly, the defence said that they do not intend to recall the witnesses who have already testified in the case.

The accused persons were first arraigned in court in the year 2016 and were charged with 15 counts.

Some of the proceeds were used to buy cars including Range Rover, Jeep Cherokee, Toyota Prado, Land Cruiser and other properties.

NYS, Kabura, Money Laundering
NYS suspects when they appeared in court,two out of them were charged afresh on Tuesday and released on bail.

They all pleaded not guilty to the new amended charges and are out on cash bail of  Ksh. 300,000 each.

 

The case will be heard next month.