The UK Parliament’s standards watchdog has opened an investigation into Prime Minister Rishi Sunak regarding a potential conflict of interest, after it came to light that Koru Kids, a childcare firm his wife Akshata Murthy has invested in, stands to benefit from a new policy unveiled in the spring Budget.
The development has come just weeks after Sunak appeared before the liaison committee to speak about the latest scheme for childminders, but didn’t mention his wife’s interests. According to The Guardian, “He was asked by the Labour MP Catherine McKinnell whether he had anything to declare. “No, all my disclosures are declared in the normal way,” he told McKinnell.”
Meanwhile, Downing Street, in a statement, has said it is “happy to assist” the investigation to “clarify how this has been transparently declared as a ministerial interest”.
