Brief by Shorts91 Newsdesk / 04:31pm on 04 Jan 2024,Thursday International
Labour questions the closure of Catamaran Ventures, owned by Rishi Sunak's wife, Akshata Murty. The firm, which held shares in a government-backed education start-up, wound up in December. Labour's Pat McFadden queries the impact on affiliated businesses, tax arrangements, and urges continued transparency in ministerial interests. Catamaran's closure reportedly resulted in a significant charity donation. With an election looming, this move suggests Labour's scrutiny of Murty's wealth could play a role in campaigning. Previously under scrutiny for non-dom status, Murty, heiress to Infosys, holds an estimated £700m in Infosys shares.
