UK PM Rishi Sunak has announced his wife’s stake in a childcare company which could benefit from a new government policy
Post Date – 11:50 PM, Wednesday – 4/19/23
London: British Prime Minister Rishi Sunak has announced his wife’s stake in a childcare company that could benefit from a new government policy, four years after she invested in the company, a delay, according to media reports. The long-awaited register of new ministerial interests revealed.
In a footnote to his registration, Sunak announced that his wife, Akshata Murty, owns “some direct equity” with a “minority stake” in Koru Kids, one of six companies participating in the pilot scheme, according to The Guardian. People will be babysitters.
A full entry on Sunak’s family interests says: “The prime minister’s wife is a venture capitalist. She owns a venture capital firm, Catamaran Ventures UK Limited, as well as some direct stakes,” the Guardian reported.
This links to a footnote that mentions the Koru Kids stake.
The British prime minister is being investigated by parliamentary standards commissioner Daniel Greenberg over whether he correctly declared his wife’s shares.
A potential complication for Sunak is that Greenberg is expected to investigate whether the prime minister should declare interests when he was questioned by a committee of MPs last month, which has stricter rules than registering interests.
