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Tory donor who funded Sunak private jet has £14.3m assets frozen in fraud case

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The latest case against medical entrepreneur Akhil Tripathi has resulted in more than £14m of his assets being frozen by a judge

Akhil Tripathi is facing a string of court cases from a number of former business partners over alleged fraudulent share dealings.

The Prime Minister is facing questions from Labour over the donation from Mr Tripathi, who has also donated more than £150,000 to the Conservative Party since 2021.to fund an Embraer Legacy 500 jet to fly him and his entourage of eight staff to the Scottish and Welsh Conservative conferences on 28 April last year.In the new case, a group of investors won an injunction to freeze Mr Tripathi’s global assets worth £14.3m during a closed court hearing on 26 March.

The court filings add that Mr Tripathi claimed that Ms Kent needed to sell her shares “for personal reasons” and needed the proceeds “urgently for her personal use”, which was why they were being “offered at what appeared to be a significant discount”. The investors added: “The share sale agreements were induced by Mr Tripathi’s fraudulent misrepresentations.”

 

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