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Despite ₹80 crore turnover, Jay lost ₹1.5 crore: Amit Shah
short by Niharika Prabhakar / on Saturday, 14 October, 2017
Defending his son against corruption allegations, Amit Shah claimed since his son Jay's company is a "high-value, low-profit venture", it suffered a ₹1.5 crore loss despite an ₹80 crore turnover. He alleged there was no question of money laundering since all were cheque payments. The Wire had reported a 16,000 times revenue increase after PM Narendra Modi came to power.
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