 "Rishi Sunak")
UK Prime Minister Rishi Sunak has declared his wifes shareholding in a childcare company that could benefit from a new government policy, four years after she invested in the firm, a much-delayed new register of ministers interests has shown, according to a media report.
In a footnote to his entry on the register, Sunak declares that among "a number of direct shareholdings" owned by his wife, Akshata Murty, is a "minority shareholding" in Koru Kids, one of six companies involved in a pilot scheme to incentivise people to become childminders, The Guardian reported.
Sunak's full entry for family interests says: "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," The Guardian reported.
This links to a footnote, which mentions the shareholding in Koru Kids.
The UK Prime Minister is being investigated by the Parliamentary Standards Commissioner, Daniel Greenberg, over whether he properly declared his wife's shareholdings.
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One potential complication for Sunak is that Greenberg is expected to look into whether the Prime Minister should have declared the interest last month when questioned by a committee of MPs, where the rules are stricter than for registering interests.
--IANS
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(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
