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š± Michele Mone. PPEMedpro. She leveraged the Gov VIP Lane ( High Court says unlawful)
Ā£203 million contracts awarded. Ā£65 m profits to PPE MEDPRO. Ā£45.8 mill of that landed in Moneās then fiancĆ© now husband, Douglas Barrowman off shore trust, the Warren Trust. He then diverted Ā£28.8 mill of that to a Mone family off shore Trust, the Keristal Trust, of which Mone & her adult children are beneficiaries.
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All the while Mone and Barrowman are claiming the contract awards were nothing to do with them, mate.
Who me?
Remember 25 mill of the supposed sterile gowns were rejected
And you can see why when you see the conditions in which they were made and the efforts to pass off hinky BSI certification.
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In addition the HMRC has presented a winding up petition re PPE MEDCO re non payment of tax.
And Michele Mone is a law maker in the House of Lords. Yes. Sheās under investigation there, too.
The most recent story in this sorry saga.
Having done a 5read I see that @gem_abbott has done one too, unsurprisingly as it was the @goodlawproject that took the Gov to court over it. Bravo @goodlawproject
But way back in 2020 I was asking why someone who flogged ladies clothing and a pest removal company with not much in the way of assets were getting a Ā£ multi million PPE contract at all.
I thought I should add one of the most enjoyable articles about Baroness Knickers is an FT article of exactly a year ago yesterday. āAh, Lady Mone of Mayfair, our favourite Glaswegian lingerie-entrepreneur-turned-Tory-peer-cum-shopping-channel-star-cum-world-expert-in-cryptocurrency-and-blockchain. Havenāt you missed her? Well fear not ā sheās back.ā
I do hope Jemima Kelly and Anna Gross revisit it now.
https://www.ft.com/content/a487276a-9f6d-4052-a049-51061030bc79
A little reminder of earlier iterations of Baroness Knickers.
Here she is calling an SNP MP āa moronā and saying sheāll be a Baroness for life when heāll be out of a job
Weāll see about that.
Vulgar little madam, isnāt she?
And her she is advocating that if you want something in life just go and get it.
Well she certainly did that.
And advising people to put on their make up to feel their best self before filling the ābucketsā in their life.
Well she certainly filled hers with our money.
UPDATES: https://www.ft.com/content/147d662b-d492-400d-a07c-c5b336bad6af
Dan Neidle, former head of tax at Clifford Chance and founder of think-tank Tax Policy Associates, said HM Revenue & Customs, the UK tax authority, might view the Ā£29mn as a payment to Mone for her services in helping the company get its contracts.
Another twist to the tale from the same FT article.
More than Ā£700,000 was also transferred to the account of Moneās eldest daughter Rebecca and Ā£3m to an account Mone had with @CouttsandCo.
And where did Rebecca (Bec)ās slice of the PPE profits go? She took over her Mumās tanning business in 2017, but also models Baroness Knickers underwear line for her.
That business has not filed accounts beyond 2016 & was not v profitable
Indeed it lurched in and out of strike off in 2022
Certainly not obviously profitable enough to fund the Ā£1.63 million apparently spent on luxury Glasgow properties
Her brother spent a more modest Ā£750k, & sister Ā£825k. Maybe āBecā ( as she calls herself on LinkedIn) has more obviously profitable companies off shore like her motherā¦?
Or maybe the British taxpayer gave an unknowing helping hand?
@
Surrey Lady FBPE