Rishi Sunak announces wife’s relationship with childcare firm amid probe

Rishi Sunak announces wife's relationship with childcare firm amid probe

Europe News Desk!! UK Prime Minister Rishi Sunak has announced his wife’s stake in a childcare company could benefit from a new government policy, four years after investing in the firm, a much-delayed new register of ministers’ interests has revealed. has come to the fore. The Guardian reported – In a footnote to his entry in the register, Sunak announced that among many direct shareholdings owned by his wife Akshata Murthy is a minority shareholding in Koru Kids, a pilot scheme to encourage people to become childminders. One of the six companies involved in Sunak’s full entry for family interests says: Prime Minister’s wife is a venture capital investor. She is the owner of a venture capital investment company, Catamaran Ventures UK Limited, and holds several direct shareholdings. It links to a footnote, which mentions a stake in Coru Kids. The UK prime minister is being investigated by the Parliamentary Standards Commissioner, Daniel Greenberg, over whether he properly declared his wife’s shareholding. A potential complication for Sunak is that Greenberg is expected to look into whether the prime minister should have declared an interest when asked by a committee of lawmakers last month, where the rules for registering interests are strict.

–IANS

World News Desk!!

KC/ANM

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