Amit Shah: Sunstroke

• Bharatiya Janata Party leader Amit Shah's son Jay Amitbhai Shah's Temple Enterprise Private Ltd. engaged in negligible activities and recorded losses in previous years. 
• In 2014-15, it showed a profit of Rs 18,728 on revenues of only Rs 50,000 before jumping to a turnover of Rs 80.5 crore in 2015-16.
• Temple Enterprise’s revenues came at a time when the firm received an unsecured loan of Rs 15.78 crore from a financial services firm owned by Rajesh Khandwala, the samdhi (in-law) of Parimal Nathwani, a Rajya Sabha MP and top executive of Reliance Industries.
• Shah’s lawyer sent in a response with a warning that criminal and civil defamation proceedings would be launched in the event of “any slant or imputation which alleges or suggests any impropriety on his part.”
• During UPA-II, BJP confronted Congress party president Sonia Gandhi’s son-in-law, Robert Vadra, how he managed to grow his real estate businesses on the basis of unsecured loans from DLF. 
• The massive increase in revenues is coming from the “sale of products”. This included Rs 51 crore of foreign earnings, up from zero the previous year.
• The ROC filings reveal an unsecured loan of Rs 15.78 crore from a listed entity, KIFS Financial Services. The revenue of KIFS Financial Services for the same financial year when the loan was given was Rs 7 crore. The annual report of KIFS Financial Services does not reflect the Rs 15.78 crore unsecured loan given to Temple Enterprise.
• KIFS Financial Services promoter Rajesh Khandwala’s daughter is married to Parimal Nathwani’s son. Ahmedabad-based Nathwani heads the Gujarat operations of Reliance Industries. He is an independent member of parliament from the upper house. His re-election to the Rajya Sabha in 2014 was supported by BJP legislators in Jharkhand.
• Jay Shah’s lawyer said in his written response to The Wire stated that Rajesh Khandwala is an old friend of Shah's family.
• Specific question to Khandwala about why the annual report of KIFS Financial Services for the loan year does not mention the loan to Jay Shah’s company went unanswered.
• The massive increase in revenues is described in the filings as coming from the “sale of products”. This included Rs 51 crore of foreign earnings, up from zero the previous year.
• Shah’s filings with the RoC also reflect Rs 25 crore worth of finance from the Kalupur Commercial Cooperative Bank. The board of directors of the bank include individuals from the Nirma group and Nirma university. The chairman emeritus of the bank is Nirma’s Ambubhai Maganbhai Patel.
• Chudasama, a former director of the Ahmedabad District Cooperative Bank, was chargesheeted by the CBI in 2010 for attempting to “convince, coerce, threaten, and influence witnesses on [Amit Shah’s] behalf to conceal the truth from the CBI” about the fake encounter of Sohrabuddin and his wife Kauser-bi. In 2015, a special CBI court discharged Chudasama from the case, just as it had discharged Amit Shah too in December 2014.
• Jay Shah’s partnership has also availed of a Rs 10.35 crore loan from IREDA. It is controlled by the Ministry of New and Renewable Energy. Piyush Goyal was the minister at the time the loan was sanctioned.
• BJP will unleash 'whataboutery' technique instead of defending or explaining.

The Golden Touch of Jay Amit Shah

Kudos to Rohini Singh and The Wire for exhibiting courage to publish article against Modi & Amit Shah when entire media got subverted and dancing to Modi's tunes. The report created ripples on social media. Jay Amit Shah filing defamation case and his advocate abstaining from court speaks volumes. Piyush Goyal addressing a press conference defending a non-political entity but also proudly proclaiming that Jay Amit Shah would slap a 100 crore defamation suit against the organization and its reporter is only meek acknowledgement of facts. There was an eerie silence on news channels. In an ideal world this intimidation should have led to an outrage in the media. An investigative report should have been the subject of discussion, criticism, arguments and debate. Silence by intimidation being the last on the charter of a journalistic organization. The BJP leaders, including Union Railways minister Piyush Goyal and Home Minister Rajnath Singh have defended Jay Shah, even as Congress vice-president Rahul Gandhi took potshots at BJP saying that BJP's campaign of Beti Bachao (save the girl child) now appears to have turned in to the campaign about Beta Bachao (save the son). All politicians are same whether BJP or Congress. They loot public money for personal enrichment. They are parasites barring very few exceptions. As the citizens of India, it is our right to demand that the govt and its loonies stop destroying an important hallmark of democracy [Media]. Who ever posed a threat to our media will be voted out.