Jay Shah has sued news website The Wire for 100 crores for reporting that his firm's revenues escalated by 16,000 times after the BJP came to power.
"If you have documents to prove your allegations, bring them to court", Mr Shah said, emphasizing that none of his son's companies "did even one rupee worth of business" with the government or "received kickbacks like in the case of Bofors".
Interestingly, in the year 2015-16, its turnover suddenly leaped up to Rs 80.5 crore.
Bharatiya Janata Party president Amit Shah on Friday said there was no question of corruption in his son, Jay Shah's company. He said that the business was a high volume and low profit, which is why it can not be used for money laundering.
Amit Shah also denied that Jay Shah's company got unsecured loan. Rubbishing the case of money laundering, he said, "All the payments were made through cheques".
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"Businessman Jay Shah filed a criminal defamation case in Ahmedabad, Gujarat, against reporter Rohini Singh and Siddharth Varadarajan, Sidharth Bhatia and MK Venu, editors of the news portal for the report "The Golden Touch of Jay Amit Shah" highlighting a dramatic increase in some of his businesses since Narendra Modi became Prime Minister".
Adding to this, they also alleged that there is a nexus between The Wire and Indian National Congress. "It was not unsecured loan, it was line of credit", Amit Shah.
Congress leader Kapil Sibal, a couple of days ago, attacked the BJP over the issue and was quoted as saying in a press conference: "How can a company with no stock, no inventory, no assets, has a turnover of 80 crores?"
The portal reported, that before 2014 the companies held by Jay were bearing losses and suddenly after 2014 they started growing in a surprising manner.
Further BJP claimed that state government will come out with more reliable and people oriented Chief Minister's universal health insurance scheme in the state. In his application, Shah sought, "criminal action against the respondents for defaming and tarnishing the reputation of the complainant through an article, which is scandalous, frivolous, misleading, derogatory, libelous and consisting of several defamatory statements".