Home Editor's picks Rahul Gandhi spreads fake news on Twitter, the day he met Jack Dorsey to discuss fake news on Twitter

Rahul Gandhi spreads fake news on Twitter, the day he met Jack Dorsey to discuss fake news on Twitter

It is evident that Rahul Gandhi is throwing muck and lying through his teeth in the hopes that some allegation of corruption sticks. With lies after lies being debunked by all and sundry, it is evident that Rahul Gandhi is losing the plot. 

On 12th November 2018, Rahul Gandhi met Twitter CEO Jack Dorsey to discuss ‘fake news’. This drew a litany of responses from many considering Rahul Gandhi and his party themselves are purveyors fake news and also because Twitter hasn’t been the most unbiased platform lately.

The irony of the matter became even more glaring when on the very day that Rahul Gandhi and the Twitter CEO met to discuss fake news, Rahul Gandhi took to Twitter to spread fake news about Prime Minister Narendra Modi and how demonetisation has led to action against Shell companies.

Congress President Rahul Gandhi took to Twitter and tweeted a ‘barf’ worthy tweet. He asserted that the PM Modi was ‘barfing’ about how demonetisation led to action against Shell firms. He also mentioned a litany of lies against other people connected to BJP.

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Rahul Gandhi’s first lie was that demonetisation has not led to action against Shell companies. A shell company is a non-trading company used as a vehicle for various financial manoeuvres or kept dormant for future use in some other capacity.

Prime Minister Narendra Modi, on 8th November 2016 declared that Rs 500 and Rs 1000 notes would be considered illegal tenders. The move had a significant impact on formalising the economy, digitisation of transactions and left-wing terrorism. Following the step, a major crackdown on shell companies was initiated by the Modi government.

In April 2017, ED raided hundreds of locations in 16 cities in order to crack down on shell companies. Various teams comprising of 300 officials raided the premises in cities like Delhi, Chennai, Kolkata, Chandigarh, Patna, Ranchi, Ahmedabad, Bhubaneswar and Bengaluru to name a few.

Some of the companies which were raided had links to prominent politicians like YSR Congress chief Jagan Mohan Reddy, NCP leader Chhagan Bhujbal and a controversial Noida bureaucrat Yadav Singh. Incidentally, Reddy, Bhujbal have been under investigation for money laundering in the past.

In 2017, the government had advised banks to “put restrictions” on the operation of bank accounts of the 2,09,032 companies delisted by the Registrar of Companies. Most of these companies are suspected to be shell companies. In July 2017 itself, the Modi government had de-registered 1 lakh shell firms.

The data received from the banks says that these companies had a meagre balance of Rs 22.05 crore to their credit on 8th November 2016. However, from 9th November 2016 i.e. after the announcement of demonetization, till the date of their being struck off, these companies had altogether deposited a huge amount of Rs. 4,573.87 crore in their accounts and withdrawn an equally large amount of Rs 4,552 crore. With loan accounts, there was a negative opening balance of Rs 80.79 crore. At this time, the government had planned to take massive steps against shell companies.

In September 2017, the Modi government had blacklisted 3 lakh Directors of shell companies.

Then, the MCA had released data in which almost 73,000 companies have been deregistered and have made to deposit more than Rs. 24,000 crore in bank accounts post demonetization. The Ministry document said that there are 68 companies are under investigation. The Serious Fraud Investigation Office (SFIO) is also probing 19 companies while the Registrars of Companies (RoC) are investigating 49 firms, it added. In another report, the data show that the direct tax collection post demonetization has increased by 15.3%, which amounts to the collection of Rs. 9.80 crores of direct tax alone.

In June 2018, the Modi government cracked down on 16,500 confirmed shell companies and initiated investigation of 80,000 suspected shell companies.
Clearly, the action against shell companies has happened post demonetisation. Rahul Gandhi is, as usual, spinning a yarn and throwing muck, hoping something sticks.
Rahul Gandhi also mentioned certain other incidents that he wants to paint as a scam. Rahul Gandhi mentions Jay Shah, BJP President Amit Shah’s son and indicates that he was involved in a financial scam through some shell company. The hit job against Jay Shah was initiated by the leftist propaganda website The Wire. OpIndia had comprehensively debunked the hitjob even before Rahul Gandhi latched on to it. Currently, The Wire is facing a defamation suit for their story. The Wire had also selectively altered their story but to no avail.
Next, Rahul Gandhi mentions Piyush Goyal. The hit jobs against Piyush Goyal too were initiated by The Wire and were comprehensively debunked by us.
When Rahul Gandhi mentions the Anil Ambani’s Airports, we assume he is talking about Dassault buying stack in Reliance Airport Developers Limited, since Rafale is his latest obsession. Rahul Gandhi has often alleged that Reliance is a loss-making company and hence any business with it is a kickback. Today itself, Rafale chief has debunked Rahul’s lies and earlier, Anil Ambani had hit back at Rahul Gandhi for his lies. Earlier, Dassault, the French government and the Modi government had trashed Rahul’s blatant lies. Anil Ambani himself has been sending legal notices to Congress leaders. Anil Ambani had also written a letter to Rahul explaining that he was misinformed, but the lies didn’t stop even then.
It is evident that Rahul Gandhi is throwing muck in the hopes that some allegation of corruption sticks. With lies after lies being debunked by all and sundry, it is evident that Rahul Gandhi is losing the plot.
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