Chancellor Akshata Murthy’s wife has a 0.91% stake in Infosys, a company founded by her father, which has continued to operate in Russia since the invasion of Ukraine. Its stake in the Indian tech consulting giant is estimated to be worth more than 400 400 million, according to the latest annual report. Ms. Murthy’s father, Narayana Murthy, founded Infosys in 1981 and helped set up a multinational corporation that now has more than 250,000 office staff worldwide, including in Russia, India, the United States, and China. of the Middle East and Europe. Mercy, 75, was named one of Fortune Magazine’s “12 Greatest Entrepreneurs of Our Time” – along with Bill Gates and Mark Zuckerburg – in 2012 before leaving the board to become honorary president. Watch live updates from the Ukraine war Use the Chrome browser for a more accessible video player 1:12 Sunak denies having an affair with a company in which his wife is involved Mr. Sunak faced multiple questions about Infosys’s relations with Russia, after urging companies to sever ties with the country after Vladimir Putin’s invasion of Ukraine. He refused to answer them, saying that she had nothing to do with him. On Friday morning, Labor leader Sir Keir Starmer urged Mr Sunak to “clean up” his wife’s stake in Infosys and said he agreed the family “should not get into political controversy”, but was ” fundamental issue of principle “to be found. if his household benefits from Infosys’s investments in Russia. Earlier this week, Mr Sunak declined to comment on questions about the company’s ties to Russia, including the country’s largest private bank, Alfa Bank, which was sanctioned by the United Kingdom last week. Asked if he was giving advice to others his family does not follow, Sunak told Sky News: “I am an elected politician and I am here to talk to you about what I am responsible for. My wife is not. “ Image: Mrs. Murthy speaking to Prince Charles in February After pointing out that his family could benefit from Vladimir Putin’s regime, the chancellor said: “I really do not think that is the case. “The operations of all companies are up to them. We have imposed significant sanctions and all the companies for which we are responsible are following them, as they should, sending a very strong message to Putin’s aggression.” He added: “I have nothing to do with this company.” Use the Chrome browser for a more accessible video player 3:04 What is happening in Ukraine? Infosys told Sky News last week that it had a “small group of employees based in Russia, serving some of our customers globally, locally.” “We do not have active business relations with local Russian companies,” he added in the statement. “A key priority for Infosys in times of adversity is to continue to provide support to the community. The company has committed $ 1 million to efforts to provide relief to war victims in Ukraine.” The news that the company was leaving Russia came the day after Mr Sunak told the BBC that he found the criticism of his wife “very upset” and understood how movie star Will Smith felt when his wife was mocked by him. comedian Chris Rock at the Oscars. for the state of alopecia. “At least I did not get up and slap anyone, which is good,” he joked.
