That''s one helluva safety net he's got himself there, next time he tells you he feels our fiscal pain...
Huge wealth of Rishi Sunak's family not declared in ministerial register
Exclusive: Akshata Murty, Sunak’s wife, holds multimillion-pound portfolio making her richer than the Queen
A combined £1.7bn shareholding in Infosys, which employs thousands of staff in the UK and has held contracts with government ministries and public bodies.
• A £900m-a-year joint venture with Amazon in India, through an investment vehicle owned by Murty’s father.
• A direct shareholding by Murty in a UK firm which runs Jamie Oliver and Wendy’s burger restaurants in India.
• Five other UK companies where Murty is a director or direct shareholder, including a Mayfair outfitter that supplies the tailcoats worn by pupils at Eton College.
Sir Alistair Graham, a former chair of the committee on standards in public life, which acts as a watchdog for UK public office holders, said it was vital that Sunak declare the financial interests of himself and his close family given “the chancellor’s capacity to determine the government’s financial and business policies”.
“He seems to have taken the most minimalist approach possible to this requirement. Perhaps Rishi Sunak should carefully read the ‘Seven principles of Public Life’ to make sure he is fulfilling the two principles of ‘Honesty and Leadership’.”
https://www.theguardian.com/politics/20 ... l-register
The interest could be seen to present a conflict, because Infosys is a contractor to the UK government and publicly funded organisations.
Since 2015, the firm has won taxpayer-funded work worth £22m, according to filings on the government’s contracts website. These include a £5m deal with the Medicines and Healthcare products Regulatory Agency, awarded in 2018, which runs until 2021.
Infosys has also worked for the Home Office and has signed a framework agreement with Whitehall, which means it can be awarded contracts without competition.