Rishi Sunak Faces Parliamentary Probe For Failure To Declare Wife’s Shares

According to a report by the BBC, Rishi Sunak is facing a parliamentary probe for alleged failure to declare his wife’s shares.

British Prime Minister Rishi Sunak is being investigated by a parliamentary watchdog for his alleged failure to declare his wife’s shareholding in a childcare company that could benefit from a new government policy, the BBC reported on Monday.

The investigation pertains to shares that Sunak’s wife – businessperson Akshata Murthy – holds in childcare agency Koru Kids.

Last month, the United Kingdom government in its budget had introduced incentive payments of £600 (Rs 61,178) for new childminders, and £1,200 (Rs 1,22,356) for those joining through an agency, reported The Guardian. Childminders are those who look after children while their parents are away or are at work.

On March 28, Sunak was questioned about the childcare policy by legislators at a parliamentary committee hearing. At the time, he had reportedly not disclosed information about Murthy’s link to the agency.

However, a few days after the questioning, Sunak said his wife’s interest was declared to the Cabinet Office and that an updated statement about his interests would be shared, reported the BBC.

Andhra Pradesh Chief Minister Jagan Mohan Reddy is the wealthiest chief minister in the country with a total of ₹510 crore in assets, according to poll affidavits analyzed by the Association for Democratic Reforms.

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