Last Update: April 19, 2023, 6:53 pm IST
British Prime Minister Rishi Sunak and his wife Akshata Murthy outside 10 Downing Street. (AFP)
Rishi Sunak has faced questions over Akshata Murthy’s shares in Koru Kids, which may have benefited from the policy in last month’s Budget, four years after investing in the company.
after a Controversy over shares of Akshata Murthy UK Prime Minister Rishi Sunak has announced his wife’s stake in Koru Kids, a childcare firm that could benefit from the government’s new policy, said a report.
Sunak has announced that he has a “minority shareholding” in Koru Kids, among “several direct shareholdings” owned by his wife Akshata Murthy, one of the companies involved in a pilot scheme to encourage people to become childminders , The Guardian reported.
“The Prime Minister’s wife is a venture capital investor. She is the owner of a venture capital investment company, Catamaran Ventures UK Ltd, and holds several direct shareholdings.
The UK prime minister has faced questions over Akshata Murthy’s shares in Koru Kids, who may have benefited from a policy in last month’s budget, four years after investing in the company.
Sunak faced parliamentary scrutiny last month after not mentioning him during a committee appearance. Parliamentary Standards Commissioner Daniel Greenberg launched an investigation into Akshata Murthy’s shares in the childcare agency on Thursday.
The Labor Party has also asked him to ‘come clean’ and publish his interests.
Meanwhile, the British prime minister’s office on Tuesday resisted calls to publish Sunak’s interests and said there were no plans to publish them separately in a comprehensive list of interests of all ministers, said a BBC report. Has gone.
Records show that Akshata Murthy first took a stake in Koru Kids in March 2019. However, there is no mention of it in the six registers published since then.
Akshata Murthy is the daughter of NR Narayana Murthy, co-founder of the Indian IT giant Infosys, and her net worth is estimated to be around $700 million.
While Sunak is a British citizen, his wife Akshata is an Indian citizen. Her non-domiciled status, which allows her to earn money abroad without paying UK taxes for a period of up to 15 years, has been a divisive issue in Britain.
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