Labour’s request is latest PM contender has faced with regards to management of family’s fortune
Rishi Sunak attends a Tory members event in Bexhill, Sussex, before leadership hustings in Eastbourne later on Friday.Rishi Sunak attends a Tory members event in Bexhill, Sussex, before leadership hustings in Eastbourne later on Friday.to be more transparent about his finances after the prime ministerial candidate declined to answer questions about the source of hundreds of thousands of pounds he loaned to a company that he jointly owned with his wife.
candidate’s wealth is derived from his marriage to Akshata Murty, a member of the family that founded the Indian technology group Infosys, in which she owns a stake worth about £690m. James Murray, the shadow financial secretary to the Treasury, said: “Rishi Sunak wants to be our next prime minister, but again it seems he is unable to give a straight answer to questions over his relationship with tax havens. It is hard to avoid the impression he has something to hide.”
The loans were made shortly after Sunak had worked in America between 2010 and 2013 for the US branch of the hedge fund Theleme Partners, where he managed three entities based in theSunak was entitled to a share of the profits made by one of the Delaware entities, US filings suggest, while industry sources said he was also likely to have invested his own money into the hedge fund.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rishi Sunak admits taking money from deprived areasVideo shows candidate telling Tories in Tunbridge Wells he started making sure ‘areas like this are getting the funding they deserved’
Read more »
'Inadequate' police bashing sentence triggers calls for law overhaulA sentence imposed for a Warrnambool man who attacked two police officers with a metal baseball bat has sparked outcry.
Read more »
Russia calls for 'restraint' as fighting between Armenia and Azerbaijan breaks out againAn escalation in fighting between Armenia and Azerbaijan over the disputed Nagorno-Karabakh region. Russia and Western nations have called for a de-escalation.
Read more »
US calls China missile launch an 'overreaction' to Pelosi Taiwan tripWhite House spokesman John Kirby has condemned China for launching 11 ballistic missiles in waters off Taiwan following US House Speaker Nancy Pelosi's visit to Taipei this week.
Read more »
Joe Biden condemns Griner sentence and calls for ‘immediate release’President calls basketball star’s detention ‘unacceptable’ as Tony Blinken reiterates commitment to bringing Griner home from Russia
Read more »