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Ukraine war: Indian tech firm Infosy's that Rishi Sunak's wife owns sharrs in set-to close office in Russia

The Indian high tech companies  in which Rishi Sunak's wife has dividends thought to be monetary valued at hundreds of millions of pounds is shutting its office in Russia.

The chancellor's wife Akshata Murthy has a 0.91% bankroll in Infosys, a company established by her father, which had carried on with operations in Russia since the incursion of Ukraine.

Her partake of the Indian tech advisory giant is rated and valued to be worth more over £400m, according to the most recent year account.

Ms Murthy's father, Narayana Murthy, co-established Infosys in 1981 and facilitated it into a worldwide company that at the moment has nearly 250,000 salaried workers in offices around the world, including Russia, India, the US, China, the Middle East and Europe.

Mr Murthy, 75, was enumerated  among the "12 greatest entrepreneurs of our time" by Fortune magazine side by side Bill Gates and Mark Zuckerburg - in 2012 before he stepped aside from the board to become chairman emeritus.

Mr Sunak has encountered complaints over Infosys' connections  to Russia after coaxing firms to break up with the country in the aftermath of Vladimir Putin's incursion  of Ukraine. He has declined to respond  them, saying it is beside thw point.

On Friday morning, Labour leader Sir Keir Starmer implored Mr Sunak to "come clean" over his wife's bankroll in Infosys and affirmed he assented that family "shouldn't be brought into political arguments" but it was a "fundamental question of principle" to find out if his family is profiting from Infosys venture capital in Russia.

And recently,  Mr Sunak declined to reply to questions about the company's connection with Russia, including with the country's wide reaching private bank, Alfa Bank, which was penalised by the UK last week.

When confronted on whether he was giving instruction to others that his own family is not adhering to, Mr Sunak informed Sky News: "I'm an elected politician and I'm here to talk to you about what I'm responsible for. My wife is not."

After it was pinpointed that his family could be profiting from Vladimir Putin's government  the chancellor answered : "I really don't think that's I case.

"The operations of all companies are up to them. We've put in place significant sanctions and all the companies we're responsible for are following those, as they rightly should, sending a very strong message to Putin's aggression."

He added: "I have nothing to do with that company."

Responding to Infosys withdrawal from Russia, Labour's deputy leader Angela Rayner said: "Whether this is a belated recognition of his hypocrisy or another exercise in brand management, it shows the chancellor will act to protect his own reputation, but still sits on his hands when it comes to supporting the British public.

"Millions of people are waking today to face unprecedented energy bills, against the backdrop of the Conservative's cost of living crisis, but the chancellor is too busy having to get his own affairs in order."

Infosys notified Sky News last week it had a "small team of employees based out of Russia, that services some of our global clients, locally".

"We do not have any active business relationships with local Russian enterprises," it added in the statement.

"A key priority for Infosys in times of adversity is to continue extending support to the community. The company has committed $1m towards relief efforts for the victims of war from Ukraine."

Information that the company was withdrawing from  Russia emerged after Mr Sunak informed the BBC he had found condemnation of his wife "very upsetting" and he acknowledges how film celebrity Will Smith percieved when his wife was caricatured by entertainer Chris Rock at the Oscars over her health circumstances.

"At least I didn't get up and slap anybody, which is good," he bantered.

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