Hyderabad, Oct.10: TPCC president N. Uttam Kumar Reddy on Tuesday demanded a judicial probe into the alleged multi-crore scam involving BJP president Amit Shah’s son Jay Amitbhai Shah.
Speaking to mediapersons after leading a protest at Dr B.R. Ambedkar statue at Tank Bund today, Uttam Kumar Reddy said the growth in revenues by 16,000 times and loans by 4,000% in Jay Shah’s company Temple Enterprise after BJP came to power clearly indicates large scale corruption and a major scam. He pointed out that Messrs Temple Enterprise was incorporated in 2004 with Jay Amitbhai Shah and Jitendra Shah listed as its directors. As BJP president Amit Shah’s wife Sonal Shah also has a stake in the company, all the suspicious financial transactions involve the entire family of BJP’s national president. “Therefore, I demand that the Centre constitute a Special Investigating Team (SIT), headed by two sitting judges of Supreme Court, to conduct the probe. He also demanded that Prime Minister Narendra Modi should direct Amit Shah to resign from all posts to facilitate a free and fair inquiry into this “scam”.
Uttam raised doubts about the very legitimacy of Temple Enterprise Private Ltd that was owned by Jay Amitbhai Shah. He asked Amit Shah whether his son has any magic wand to increase the turnover up to Rs 80.5 crore. He said in the 2013-14 year, Temple Enterprise did not own any fixed assets and had no inventories or stock. It also got an income tax refund of Rs 5,796. In next financial year, it earned just Rs 50,000 as revenue. But in 2015-16, the firm’s revenues mysteriously rocketed to over Rs 80.5 crore — a growth of 16,000 times.
The TPCC Chief said even as 12,000 farmers were committing suicide in the country every year under Narendra Modi’s government, Cooperative Banks, which are meant for farmer’s welfare, are giving loans to Prime Minister’s friends and ignoring farmers.
Uttam Kumar Reddy said while Narendra Modi talks about punishing money launderers and cracking down on Swiss bank accounts, he remains silent when his own party president Amit Shah’s son Jay Amitbhai Shah’s income from foreign earnings rose from Rs. Zero to Rs. 51 crores in one year. Amit Sham must explain the sources of this foreign money, he demanded. He said when the Centre was claiming closure of over 1 lakh shell companies and identification of about 37,000 companies for strong action, how did Jay Amitbhai Shah’s company, which looks like a shell company, escaped from this list. Jay Amitbhai Shah closes company one month before demonetization; clear case of insider corruption
Condemning the BJP’s organized attack against the journalist, who broke the story on social media, Uttam said Jay Shah’s Rs 100 crore defamatory suit was an attempt to suppress the media and their freedom of expression.
D Sridhar Babu, Ponnala Laxmaiah, Danam Nagender, Anjan Kumar Yadav, Anil Kumar Yadav and others participated in dharna.