Rishi Sunak denies ties to Russia via Infosys

Rishi Sunak

London- Rishi Sunak has denied any connection with a multinational company partly owned by his wife which continued to operate in Russia during the war in Ukraine, the BBC reported.

The British chancellor said he had “nothing to do” with Infosys, in which his wife Akshata Murthy owns shares. He also urged British businesses to pull out of Russia to inflict “economic pain” on President Vladimir Putin.

Sunak’s spokesperson said Murthy had no role in Infosys’ operational decisions.

Pressed on Infosys’ presence in Russia, Sunak told Sky News on Thursday: “I’m an elected politician, and I’m here to talk to you about what I’m responsible for.” My wife is not.

He added that the companies’ operations depended “on them”.

“We have significant sanctions in place and all the companies we are responsible for are following them, as they rightly should,” the Chancellor said.

The software giant was co-founded by Murthy’s father, Narayana Murthy, who retired from the business in 2014, the BBC reported.

Founded in 1981, the company has since expanded to a number of countries and operates an office in Moscow.

The most recent annual report lists Akshata Murthy as holding 0.9% of the company’s shares, which are believed to be worth hundreds of millions of pounds.

Earlier this month, Sunak said the government would “fully support” British companies that voluntarily withdraw from Russia.

After meeting with a group of leading British businesses, the Chancellor welcomed the “consensus on the need to inflict maximum economic suffering on Putin and his regime”.

“While I recognize that it can be difficult to reduce existing investments, I think there is no argument for new investments in the Russian economy,” he added. (IANS)