Rahul Gandhi takes a jibe at PM Modi over Jay Shah's alleged corruption issue

Attacking the prime minister, Gandhi tweeted: "Modi, Jai Shah-ate ' exceeds '.Were you the Watchmen or the partner? You should say something."

An article on The Wire, titled 'The Golden Touch of Jay Amit Shah', which was published on October 8, claimed that junior Shah's company recorded a 16,000 times increase in turnover in just one year.

Jay Shah's company has allegedly recorded a turnover of Rs 80.5 crore in 2015-16.

However, issuing a statement, Jay has denied all such allegations.

Denying the claims made by the website, Jay said: "The article makes false, derogatory and defamatory imputation against me by creating in the minds of right-thinking people an impression that my business owes its 'success' to my father Shri Amitbhai Shah's political position... My businesses are fully legitimate and conducted in a lawful manner on commercial lines, which is reflected in my tax records, and are through banking transactions."

Jay Shah has also slapped a 100-crore defamation case on the website over aspersions of corruption.

The BJP, on Sunday, defended its president's son as the development has already started a political battle between the ruling saffron party and the Congress.

Defending Jay, railway minister and the BJP leader, Piyush Goyal, said: "We reject any allegation sought to be made against Shri Amit Shah's son Jay Shah."

He said: "We believe in legitimate and honest transactions. We don't take umbrage in falsehood as the Congress is known to do."

Congress leader Kapil Sibal 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? Isn’t it surprising? And suddenly after a change in the government."

The Congress leader demanded Prime Minister Narendra Modi's initiation of an investigation into the matter.