UK Treasury Chancellor Rishi Sunak on Thursday faced questions about the Russian presence of Infosys, the Indian software services company in which his wife Akshata Murty has shares.
Referring to the strict sanctions imposed on Russia, the Indian -born finance minister who is the son -in -law of Infosys co -founder Narayana Murthy, was asked on air if his advice to business was not followed in his own home. The Minister stressed that the operation of individual companies is their business.
“It is reported that you have family ties with Russia, that your wife appears to have an interest in the Indian consulting firm Infosys,” a ‘Sky News’ reporter said during a television interview.
“They operate in Moscow, they have an office there, they have a delivery office there. They have a connection to Alpha Bank in Moscow. Do you advise others that you don’t follow in your own home ?,” he asked.
Sunak replied that as an “elected politician”, he gave an interview about what he was responsible for.
“My wife doesn’t,” he said.
When urged on whether his family “could potentially benefit” from the regime of Russian President Vladimir Putin, he said: “I don’t think that’s the case, and as I said the operation of all companies is up to them.
“We have put in place significant sanctions and all the companies we are responsible for are following them as they should, sending a very strong message to Putin’s aggression.” He was then asked whether Infosys, which also has a presence in the UK, sent the same “strong message”.
“I don’t know at all because I have nothing to do with the company,” Sunak replied.
The Infosys statement said the major multinational software service “supports and supports peace” between Russia and Ukraine.
The statement said: “Infosys has a small team of Russian -based employees, who serve some of our global customers, locally. We do not have any active business relationships with local Russian enterprises.
“The main priority for Infosys during the crisis, is to continue to extend support to the community. The company has given a commitment of USD 1 million towards relief efforts for war victims from Ukraine.” The UK has imposed extensive restrictions on Russian businesses and individuals, with Sunak issuing a call for all UK companies to “think carefully” about any investment in Russia in relation to the ongoing Ukraine conflict.
“I urge firms to think carefully about their investments in Russia and how they can help the Putin regime – and I am also clear that there is no case for new investments in Russia. We must collectively go further in our mission to inflict maximum economic pain. – and to stop the bloodshed again, “he said earlier this month.
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