MillenniumPost
World

UK PM declares wife Akshata’s shares after probe=

An investigation was opened by the UK’s Parliamentary Commissioner for Standards last week to determine if British Indian leader had been ‘open and frank’ in his obligation under the parliamentary ‘Code of Conduct’

British Prime Minister Rishi Sunak’s register of ministerial interests was published by the UK Cabinet Office on Wednesday, revealing his wife Akshata Murty’s shares in a childcare agency which could benefit from a policy in last month’s Budget.

The publication of the list came in the wake of a parliamentary watchdog probe opened by the UK’s Parliamentary Commissioner for Standards last week to determine if the British Indian leader had been “open and frank” in his obligation under the parliamentary “Code of Conduct”.

Now, a full List of Ministers’ Interests’ published online reveals Sunak’s reference to his wife’s interests as well under a section entitled “Relevant interests of spouse partner or close family member”.

“The Prime Minister’s wife is a venture capital investor. She owns a venture capital investment company, Catamaran Ventures UK Limited, and a number of direct shareholdings,” reads the register.

As a footnote, it adds: “As the Prime Minister set out in his letter to the Chair of the Liaison Committee on April 4, 2023, this includes the minority shareholding that his wife has in relation to the company, Koru Kids.”

Downing Street had maintained that Sunak, 42, followed the rules of ministerial conduct at all times and had declared his wife’s interests as a ministerial interest. The publication of the register comes after a gap of 11 months when the last one was released and follows the Opposition’s demands that the government come clean after the watchdog inquiry came to light.

Downing Street sources said the inquiry relates to Murty’s interest in Koru Kids Ltd, which is likely to benefit from a new pilot scheme announced in the Spring Budget

last month.

Next Story
Share it