What The Wire story alleges against Jay, Amit Shah's son

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A day after a media report claimed alleged irregularities by a company owned by BJP national president Amit Shah's son Jay Shah, the latter filed a criminal defamation suit against a news website. Siddharth Varadarajan, the editor and co-founder of The Wire, tweeted why "private citizen" Jay Shah was consulting the government lawyer instead of consulting his CA (chartered accountant), posting a screenshot of the (very polite) correspondence between Rohini Singh and Jay Shah on WhatsApp. "Both the actions will be field at Ahmedabad, where I stay, on my business and where the cause of action has arisen".

He also acknowledged that Tushar Mehta, the ASG, was cleared virtually straight away to handle Jay Shah's case - on the same day that the government lawyer applied for sanction. He slammed Shah for making "nonsense statements to spread hatred and create trouble" in the state and said the BJP-RSS would not gain anything by spreading "false and fake" statements. "We believe that he (Jay) has been wronged and he must get justice".

Jay Shah's Kusum Finserve also received a letter of credit (LC) of Rs 10.35 crore from Indian Renewable Energy Development Agency (IREDA), a "mini-ratna", according to its website, and under the Union ministry of new and renewable energy, "for setting up a 2.1 MW wind energy plant" worth Rs 15 crore in Ratlam, Madhya Pradesh.

Shah said his businesses were completely transparent and conducted legally, which was indicated by the tax compliances.

The issue has become a hot discussion point in political circles, while truth of the issue has not been verified.

He alleged that the only beneficiary of demonetisation was not the RBI, the poor or the farmers, but it's the Shah-in-Shah of demonetisation. The Congress has asked for a CBI or ED investigation, itself in a corner in the Robert Vadra land scams. It's the Shah-in-Shah of Demo. Two days after the hartal, took place these incidents. 25 crore to Kusum Finserv, a limited liability partnership, in which Jay Shah had a 60 per cent stake, even though this company had no prior experience of operating in the power sector.