Tulip Siddiq resigns as UK Treasury minister

Tulip Siddiq has resigned as a Treasury minister after repeated questions about her financial links to the ousted Bangladeshi government run by her aunt.

Siddiq, who was the City and anti-corruption minister, was not found to have broken any rules by Laurie Magnus, the adviser on ministerial standards, reports The Guardian.

However, in his advice to Keir Starmer, he said that she could have been more alive to the reputational risks arising from her family’s ties to Bangladesh and suggested the prime minister would want to consider her ongoing responsibilities.

The minister resigned on Tuesday saying that she had fully declared all her financial interests and relationships but it was clear that the situation had become a distraction for the government.

She had earlier this month referred herself to Starmer’s adviser on ministerial standards, after it emerged she had lived in multiple properties associated with people with links to her aunt, Sheikh Hasina, Bangladesh’s ousted leader.

The former Bangladeshi prime minister stepped down last year after a popular uprising.

Siddiq was under pressure over her occupancy of several properties, including a two-bedroom flat near King’s Cross in central London and a separate home in Hampstead.