Sunak's wife Akshata Murty decides to liquidate investment venture in UK
London (PTI), British Prime Minister Rishi Sunak's wife Akshata Murty has decided to liquidate her investment company Catamaran Ventures UK Ltd, according to official company filings with the UK's Companies House this week.
The 43-year-old businesswoman had incorporated the venture in 2013 with her husband as one of the directors, before he resigned in 2015.
According to the latest financial statement for the year ended December 2022 available for the company on Wednesday, Murty as the only director of the firm has now decided to wind down her firm as a going concern.
"During the year, the directors have decided to liquidate the Company," notes the Companies House filing statement.
"Accordingly, the financial statements have been prepared on a basis other than going concern and no adjustments were necessary in these financial statements to reduce assets to their realisable values or to provide for liabilities arising from that decision," it reads.
The value of the company's investments for the period was stated at just over GBP 3.8 million, up from just over GBP 3.5 million in 2021 and the funds becoming due to Murty amounted to just over GBP 4.6 million.
Catamaran Ventures UK Ltd has been operating as an investment vehicle for funds from her shares in Infosys, the Indian software giant co-founded by her father N.R. Narayana Murthy. However, the ventures it has invested in have not had the best run.
According to an analysis by The Times' newspaper, education start-up Mrs Wordsmith backed by Catamaran closed less than six months after receiving GBP 650,000 from the UK government's pandemic support scheme called Future Fund.
The New Craftsmen, a Catamaran-backed furniture company which closed in November 2022, also benefited from the fund. And, Digme Fitness, a boutique London fitness chain of which Murty was a director, failed in 2021.
Study Hall, an education technology business in which Catamaran has a stake, was given a government grant of GBP 349,976 via state body Innovate UK last year, prompting questions from the Opposition Labour Party benches.
Murty's investments outside Catamaran also came under the spotlight this year when it emerged she had shares in Koru Kids one of six childminder agencies in England that stood to benefit from a new Budget scheme announced by the Sunak-led government. It led to a declaration of interest inquiry by the UK parliamentary watchdog, which concluded last month that Sunak's failure to reference his wife's shares in Koru Kids arose out of "confusion and was accordingly inadvertent".
"I apologise for these inadvertent errors and confirm acceptance of your proposal for rectification," Sunak wrote in a letter to the Parliamentary Commissioner for Standards, Daniel Greenberg.
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Dalit girl gang-raped in moving car in Mathura, accused on run
Mathura (PTI): A Dalit girl was allegedly gang-raped by three persons here in a moving car, after which she was thrown out on the side of a road, police said on Friday.
An FIR has been lodged against the accused following a complaint from the minor's father and efforts are on to arrest the trio, they added.
Superintendent of Police (Rural) Trigun Bisen said the girl, who is around 13-year-old, has been sent to the district women's hospital for a medical examination, after which her statement will be recorded before the magistrate.
Citing the complaint lodged by the girl's father, the SP said the incident took place on Thursday when the the minor went to a shop in her neighbourhood to buy items for breakfast.
At the shop, a man named Neeraj allegedly gave her a bottle of water laced with sedatives. As soon as she drank the water, she started feeling dizzy and fainted, the complaint said.
Neeraj, his friend Shailendra and another associate then allegedly took her away in a car. They raped the girl in the moving car while she was in a semi-conscious state and threw her out under the flyover of Barsana Road before fleeing.
On regaining consciousness, the girl reached home and informed her parents about the incident, the complaint added.
According to the SP, while narrating her ordeal, the condition of the girl deteriorated and the family immediately took her to a doctor, who also confirmed that she was raped. Following this, her parents filed a complaint at the Chhata police station.
Bisen said that a case has been registered and the matter is being probed, adding that efforts are on to arrest the three accused persons.
