UK PM Rishi Sunak faces a new conflict of interest row

UK Prime Minister Rishi Sunak faces a new conflict of interest row before the G20 summit in New Delhi next month over claims that his family could stand to benefit financially from a post-Brexit trade deal that he is negotiating with India, the media reported.
UK PM Rishi Sunak faces a new conflict of interest row
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 NEW DELHI: UK Prime Minister Rishi Sunak faces a new conflict of interest row before the G20 summit in New Delhi next month over claims that his family could stand to benefit financially from a post-Brexit trade deal that he is negotiating with India, the media reported.

MPs and trade experts say there are concerns at the highest levels of government over potential “transparency” issues relating to his wife Akshata Murty's shareholding - worth almost 500 m pounds - in the massive Bengaluru-based international IT services and consultancy company Infosys, The Guardian reported. Labour, and the chair of the all-party House of Commons business and trade select committee, called on Saturday night for Sunak to be more open about his wife's financial interests, given that Infosys could be a key beneficiary of any agreement. One leading expert said he should recuse himself from the trade negotiations altogether.

Darren Jones, the Labour chair of the business and trade select committee, said, "As the prime minister recently learned, it's important he declares any interests properly. I expect him to do so in respect of the India trade deal too." The calls come as former culture secretary Nadine Dorries, a vocal critic of the prime minister, finally handed in her resignation as an MP, The Guardian reported.

Sunak will attend the G20 summit in New Delhi in two weeks and is expected to discuss the UK-India trade negotiations in a separate bilateral meeting with India’s prime minister, Narendra Modi. Trade secretary Kemi Badenoch flew back from India this weekend after holding intensive talks on the prospective deal, The Guardian reported. IANS

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