What happened to the £350k taken by Sunak’s wife’s now-liquidated firm?
Akshata Murty and her husband, UK prime minister Rishi Sunak: her firm took money from his government and then went into liquidation. Will she tell us what she has done with our cash?
Take a look at this:
A company owned by the prime minister’s wife Akshata Murty, which received almost £350,000 of UK grant money, is now being mysteriously wound up, it has been revealed.
Murty’s investment company, Catamaran Ventures, is being liquidated, it was announced on the London Gazette, the official public record, published on December 28.
The move has raised a number of questions, with Carol Vorderman posting on X: “NEWS
Has non-dom, tax avoiding, Mrs @RishiSunak, Akshata Murthy, just rung up a home removals firm? #SunakHomeRemovals
“She applied to wind up her controversial company Catamaran Ventures on Dec 21st – 2 wks ago. I will post later about the many times the fund benefited from the public purse.”
Ms Murty’s company made headlines in May last year, when it was revealed by the Sunday Times that it held shares in Study Hall, an education start-up which had received almost £350,000 of UK grant money.
It was also reported in September that Catamaran Ventures UK was being wound down. A number of the startups that the fund backed received cash injections through taxpayer-backed schemes, including the upmarket furniture firm, New Craftsmen, which collapsed into liquidation in November 2022 after receiving £300,000 in taxpayer-funded loans.
So this firm, owned by Rishi Sunak’s wife, took £350,000 of government money and then went bust?
What happened to the cash? If there’s money invested in Study Hall, and that hasn’t gone under, then wasn’t there a possible return to come from that? Otherwise, why invest in it at all? To whom would that money return if Catamaran doesn’t exist any more?
If firms are given money by the government, aren’t they expected to tell the government what they have done with it and how it is fulfilling the purpose for which it is given? How is that happening?
This is not a simple case of a firm running out of money and going into liquidation. The money it has squandered – if it has – is public money, for which Ms Murty must account. Personally, This Writer would like the Treasury to have that money back, if it hasn’t been used as intended.
Am I right?
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They laugh all the way to the bank they take the pzzz they use these ways around our laws ducking diving never using their own monies we need a party who would block these leeches of our monies
It’s called political capitalism.