The question of trust
Why? Independent Sage Sunak did not disclose the evidence in favor of claiming to be the beneficiary of an offshore trust? It is being reported that the Treasury denies any knowledge of the trust quoted by Isaac in its scoop. It is a direct conflict.
The specific complaint is that:
“Trusts in the British Virgin Islands and the Cayman Islands, created to help manage his wife Akshata Murti’s family interests tax and business matters, refer to Mr. Sunak as a beneficiary in 2020, according to people familiar with Mrs. Murti’s financial affairs and evidence. . Mr Sunak became chancellor in February of that year and had previously been chief secretary of the Treasury since 2019. “
The only way the two claims can be reconciled is if the sage did not know that he had been made a beneficiary of a family trust or that it had been canceled before he took office. However “Father-in-law did it without telling me.” The defense is preempted by this Daily letter Source quote A Treasury source said Mr Sunak was not his wife Not his family No trust was aware of naming him as a beneficiary. ” If Independent There is evidence to the contrary, which would be very detrimental to the public interest and to the Chancellor. Nothing added …
Incidentally, there is nothing illegal or morally wrong about using offshore trusts. It is politically impossible to become a tax hiking chancellor when you reduce your taxes.