Paytm founder terms Kejriwal’s allegations as ‘just noise’


Paytm founder, Vijay Shekhar Sharma, has termed allegations by opposition leaders against him of a secret deal with the central government over the announcement of demonetisation as ‘just noise.’

Dismissing the charges levelled against him for the first time, Sharma told NDTV, “Look at the bigger agenda, this is just noise. The pain is for massive gain.”

Delhi chief minister Arvind Kejriwal, earlier this month, had attacked Prime Minister Narendra Modi alleging a secret deal behind demonetisation announcement with e-commerce company Paytm.

He tweeted, “Paytm biggest beneficiary of PM’s announcement. Next day PM appears in its ads. Whats the deal, Mr PM?”

In another tweet, Kejriwal had termed Modi appearing in Paytm’s newspaper ad as ‘shameful.’

He said, “Utterly shameful. Do people want their PM to model for pvt cos? Tomo, if these cos do wrongdoings, who will act against them?”

Paytm, which is an e-commerce giant and also India’s largest mobile payment service, had booked front page ads in national newspapers within hours of Modi’s speech on demonetisation. Many wondered as to how it was able to secure premium newspaper spots for ads given that Modi’s speech on Tuesday could only end at around 9.30 PM.