London: The personal wealth of Rishi Sunak, who reached the final stage of the campaign for the post of Prime Minister of Britain, remains a matter of discussion among some sections of the country’s media. Sunak is now up against former Foreign Minister Liz Truss in the race for Conservative Party leader and British Prime Minister.
Sunak’s personal wealth is believed to be an alleged impediment to his access to British voters facing economic instability in the aftermath of the pandemic, reports said. Former Chancellor Sunak’s (42) wife Akshata Murthy’s family assets are linked to her Infosys shares.
‘Channel 4 News’ on Thursday aired an investigative report titled ‘Rishi Sunak: Inside the Tory Leadership Candidate’s Fortune’, questioning his “humble” and “minor” background in the Sunak camp, and Friday The issue has been raised by other publications.
Sunak’s father Yashveer was quoted as saying in an interview with the BBC, “I think it was a big commitment for us financially because the fees in Winchester (college) are comparable to the local school in Southampton. was twice the comparison. So, it was a huge financial problem for us.”
The prime ministerial candidate, at the age of 21, took an interest-free loan from his parents to buy a flat worth 210,000 Great Britain Pounds (GBP) in central London at the age of 21, according to Channel 4’s investigation report. It costs approximately 7,50,000 GBP. Channel 4 said Sunak did not deny that he acquired properties in “tax haven” countries and that any assets he owned were subject to US taxes, which were paid in full.
‘Tax haven’ countries are called those were compared to other countries, there is little tax or no tax at all. According to the channel report, “There is no suggestion that Sunak has done anything illegal.” Since 2009, Sunak and his wife Murthy have been living in a luxurious building in Santa Monica, California, with a rent of $ 19,500 per month, the channel reported.
