UK political watchdog says Prime Minister Rishi Sunak ‘inadvertently’ broke ethics rules

LONDON (AP) — British Prime Minister Rishi Sunak was chided by Parliament’s standards guardian on Thursday for failing to declare his wife’s financial interest in a childcare firm that stood to benefit from government policy.

Standards Commissioner Daniel Greenberg said Sunak broke the code of conduct for government ministers, but said the mistake was “inadvertent” and that the prime minister should not be sanctioned for the error.

Greenberg opened an investigation in April over Sunak’s failure to declare when questioned by a committee of lawmakers that his wife. Akshata Murthy, held shares in the company Koru Kids, which had been selected to receive government support for childcare firms.

Greenberg said Murthy’s shareholding “was a relevant interest that should have been declared.” But he said the failure stemmed from confusion about the rules rather than an intent to deceive.

Other news Greenpeace demonstrators drape UK prime minister’s house in black to protest oil expansion Jill Biden says exercise including spin classes and jogging helps her find ‘inner strength’ UK to grant hundreds of new oil and gas licenses, ignoring calls from environmentalists

“I confirm that the matter is now closed,” he said.

Sunak apologized for the mistake.

The finding follows a string of ethics breaches by members of Britain’s Conservative government.

Former Prime Minister Boris Johnson was driven from office in mid-2022 when his own Cabinet turned on him after a string of scandals over his judgment and finances.

Sunak vowed to restore order and integrity to government after three years of turmoil under Johnson and briefly serving successor Liz Truss, who quit within weeks after her policies rocked the U.K. economy. But Sunak, a former investment banker, has faced questions about his wealth and the financial arrangements of his wife, the daughter of an Indian billionaire.

Last year, it was revealed that Murthy didn’t pay U.K. tax on her overseas income, including 11.5 million pounds ($15 million) a year in dividends from Infosys, the Indian IT company founded by her father.

Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.