Article 5B0VD Rishi Sunak's wife owns part of firm that funnelled money through Mauritius

Rishi Sunak's wife owns part of firm that funnelled money through Mauritius

by
Juliette Garside
from World news | The Guardian on (#5B0VD)

Exclusive: Akshata Murty owns 5% of IMM, which used structure that could reduce taxes payable in India

The wife of the chancellor, Rishi Sunak, is a shareholder in a restaurants business that funnelled investments through a letterbox company in the tax haven of Mauritius, in a structure that could allow its backers to avoid taxes in India.

The business, International Market Management (IMM), is hoping to build a chain of dozens of restaurants across India, via franchise agreements with the celebrity chef Jamie Oliver and the American fast food brand Wendy's.

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