UK, PM Rishi Sunak’s Covid startup fund invested nearly £2m in firms linked to his wife
UK, PM Rishi Sunak’s Covid startup fund invested nearly £2m in firms linked to his wife
Four businesses linked to Akshata Murty revealed to have received investment from much-criticised Future Fund
Permanently Deleted
Without the help of a web search, I'd find it quite difficult to think of a European country that doesn't have a conservative party leading its government. All the parties seem the same, and all the parties are certainly corrupt.
If you think they seem the same and are all corrupt you haven't done enough research.
What? Another corrupt Conservative??? No way! /s
Corruption is a traditional value after all.
Ooh, look at me! I'm making people happy! I'm the Magical Man from Happy-Land, in a gumdrop house on Lollipop Lane!
Oh by the way I was being sarcastic
Perhaps lay off the intoxicants and try to get some sleep.
This is the best summary I could come up with:
Rishi Sunak’s controversial fund to support startups during the Covid pandemic invested nearly £2m in companies linked to his wife, Guardian analysis has found.
It is the fourth business linked to Murty revealed to have received an investment from the fund set up by Sunak to support startups when he was chancellor during the Covid pandemic.
Critics have raised concerns over a lack of transparency and the potential for a perceived conflict of interest given Sunak launched the scheme to help startups – a sector in which his wife is a known investor.
Sunak’s adviser on ministerial interests, whom he appointed earlier this year, has said that declaring all shareholdings would be an “excessive degree of intrusion into the private affairs of ministers that would be unreasonable, particularly in respect of their family members”.
However, in April 2023 Sunak had to declare that his wife had a shareholding in a childcare business called Koru Kids, which was due to benefit from a policy brought in at the budget.
A government spokesperson said: “The Future Fund successfully helped nearly 1,200 firms of all shapes and sizes across the country get through the pandemic by stimulating investment in a range of sectors from digital tech to life sciences.
The original article contains 1,120 words, the summary contains 206 words. Saved 82%. I'm a bot and I'm open source!
Now, when we say "linked"?
That's a little vague...
Carousel Ventures, a company part-owned by Akshata Murty’s venture capital firm, got an investment of £250,000 from the Future Fund to help fund its ownership of a luxury underwear business called Heist Studios, it can be disclosed.
It is the fourth business linked to Murty revealed to have received an investment from the fund set up by Sunak ...
None of Murty’s investments that benefited from the Future Fund appear publicly on Sunak’s register of ministerial interests.
@essell, what exactly is vague here?
There's that word "linked" again.
Seems clear that they're saying he channelled public funds into his pockets, or at least his wife's pockets, but prefer to use euphemism.
Not able to come out and say that, they're using the vague idea of a "link" do the work, which could mean a lot of different things.
But why be specific about the nature of those links when you can allude to it and let people assume the worst version?
There's that word "linked" again.
Seems clear that they're saying he challenged public funds into his pockets, or at least his wife's pockets, but prefer to use euphemism.
Not able to come out and say that, they're using the vague idea of a "link" do the work, which could mean a lot of different things.
But why be specific about the nature of those links when you can allude to it and let people assume the worst version?