Former UK Prime Minister Rishi Sunak is facing criticism for establishing a financial arrangement that shields his ongoing interests from public scrutiny. Sunak, along with his wife Akshata Murty—whose combined wealth is estimated at £651 million—registered a new consultancy firm, “The Office of Akshata Murty and Rishi Sunak,” shortly after leaving office. Initially a limited company, it was restructured into an unlimited company, which exempts it from publishing annual accounts—a key transparency measure.
This shift, signed off personally by Sunak and Murty, raises concerns among transparency advocates. Critics argue this setup allows Sunak, currently a sitting MP, to avoid revealing details of his post-Downing Street financial activities. Transparency International UK called the move “suspicious,” citing the public interest in scrutinizing the finances of former Prime Ministers.
The controversy deepens as Sunak’s earlier financial dealings remain under wraps. A “blind trust” used during his tenure as Chancellor and Prime Minister has faced legal challenges from the Good Law Project, seeking details of Sunak’s substantial earnings, including investments managed through a US-based fund. Despite demands for disclosure, the Cabinet Office has resisted, escalating the matter to a tribunal.
The case has broader implications for transparency in public office, highlighting the ongoing debate over the financial accountability of political leaders. Critics argue that Sunak’s decisions contradict previous commitments to openness, while campaigners emphasize the need for integrity in governance.
