Offshore company linked to Baroness Mone bought £7.5m private jet after allegedly making tens of millions on PPE contract

An offshore company linked to Michelle Mone and her husband bought a £7.5m private jet months after they allegedly made tens of millions from a public PPE contract, it was claimed last night.

The conservative lingerie and peer mogul, nicknamed ‘Baroness Bra’, vowed to clear her name after a newspaper reported that leaked documents showed she and her children were paid £29m after referring a company called PPE Medpro for mask and gown contracts.

The firm was awarded £203m to supply equipment after she recommended it to ministers in the early days of the pandemic.

Since spring 2020, Baroness Mone and her husband, Doug Barrowman, have also splurged on an £80,000 racehorse, which she bought for him as a wedding gift, and £3m worth of property for their children, the newspaper reported. The Guardian.

An offshore company linked to Michelle Mone and her husband bought a £7.5m private jet months after they allegedly made tens of millions from a public PPE contract, it was claimed last night.

The couple held a lavish wedding at their multi-million dollar Isle of Man estate, an event that graced the pages of Hello! celebrity magazine.

Lady Mone also posted on Instagram a photo of herself and Barrowman on the Lady M yacht, which is believed to have been purchased in May 2021 for around £6 million.

There is nothing to link PPE Medpro’s alleged windfall to his lavish lifestyle. But the timing of his spending will increase scrutiny on Baroness Mone and her husband.

The colleague is being investigated by Lords standards watchdog for her alleged links to PPE Medpro, although this has been halted pending a “criminal inquiry” into the company.

Baroness Mone has always denied any ‘role or function’ in the company, and her lawyers have previously said that she was ‘not connected to PPE Medpro in any capacity’.

This week the Daily Mail revealed that she had “aggressively” lobbied Matt Hancock, then health secretary, to try to promote a second company in which he claimed she had a “business interest”.

The company was alleged to be LFI Diagnostics, a ‘secret entity’ from her husband’s family office. A source close to Baroness Mone denied the claim.

This week, Rishi Sunak told the House of Commons that it was “absolutely correct” for the Tory pair to be absent from Lords.

Speaking on the Prime Minister’s Questions, he said: ‘Like everyone else, I was absolutely shocked to read about the allegations.

“It is absolutely right that he no longer attends the House of Lords and therefore no longer has the Conservative whip.”

Ministers have committed to handing over documents to parliamentarians around the award of £203 million of contracts to PPE Medpro.


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