Tulip Siddiq resigns as Treasury minister

Tulip Siddiq resigns as Treasury minister

Earlier than her resignation was introduced, Siddiq had been named in a second investigation in Bangladesh.

Conservative chief Kemi Badenoch has stated the prime minister “dithered and delayed to guard” her.

Writing on X, exterior, she stated: “It was clear on the weekend that the anti-corruption minister’s place was fully untenable. But Keir Starmer dithered and delayed to guard his shut good friend.

“Even now, as Bangladesh information a felony case in opposition to Tulip Siddiq, he expresses ‘unhappiness’ at her inevitable resignation.

“Weak management from a weak prime minister.”

In a letter accepting Siddiq’s resignation, Sir Keir stated the “door stays open” for her.

Siddiq, whose function as Financial Secretary to the Treasury included tackling corruption in UK monetary markets, was named final month in an investigation into claims her household embezzled as much as £3.9bn from infrastructure spending in Bangladesh.

Her aunt is the previous Bangladeshi prime minister Sheikh Hasina, head of the Awami League, who fled into exile after being deposed final yr.

Siddiq, Labour MP for Hampstead and Highgate, additionally got here below intense scrutiny over her use of properties in London linked to her aunt’s allies.

The Monetary Occasions reported, exterior that one of many properties, a flat in King’s Cross, had been given to her by an individual related with the lately ousted Bangladeshi authorities.

In accordance with the Mail on Sunday, exterior, in 2022 Siddiq had denied the flat was a present and insisted her mother and father had purchased it for her and had threatened the paper with authorized motion stopping publication of a narrative.

Labour sources subsequently instructed the newspaper the flat had been gifted to Siddiq by a property developer with alleged hyperlinks to her aunt.

Sir Laurie spent eight days investigating the allegations after Siddiq referred herself to the requirements watchdog.

In his letter, Sir Laurie stated Siddiq “acknowledges that, over an prolonged interval, she was unaware of the origins of her possession of her flat in Kings Cross, regardless of having signed a Land Registry switch kind regarding the reward on the time”.

He stated the MP “remained below the impression that her mother and father had given the flat to her, having bought it from the earlier proprietor”.

This had led to the general public being “inadvertently misled” in regards to the identification of the donor of the flat, added Sir Laurie.

Sir Laurie stated this was an “unlucky misunderstanding” which had led to Siddiq issuing a public correction of “the origins of her possession after she grew to become a minister”.

Within the letter, Sir Laurie stated: “An absence of information and lapse of time has meant that, sadly, I’ve not been in a position to acquire complete consolation in relation to all of the UK property-related issues referred to within the media.

“Nonetheless, I’ve not recognized proof of improprieties related with the actions taken by Ms Siddiq and/or her husband in relation to their possession or occupation of the London properties which have been the topic of press consideration.

“Equally, I’ve discovered no suggestion of any uncommon monetary preparations regarding Ms Siddiq’s possession or occupation of the properties in query involving the Awami League (or its affiliated organisations) or the state of Bangladesh.

“As well as, I’ve discovered no proof to recommend that Ms Siddiq’s and/or her husband’s monetary belongings, as disclosed to me, derive from something apart from reliable means.”