Around £75million of belongings linked to Tory peer Michelle Mone and her husband Doug Barrowman have been frozen.
The pair are being investigated by the National Crime Agency for alleged PPE fraud throughout Covid. The courtroom order covers belongings together with a £25million townhouse in Belgravia, Central London, and an property on the Isle of Man.
It additionally covers financial institution accounts at Coutts and Goldman Sachs. Baroness Mone and Mr Barrowman are on the centre of a scandal – uncovered by the Mirror – involving £200million of PPE contracts awarded to PPE Medro in 2020. The Department for Health is suing the corporate for greater than £130million over unsterile robes. PPE Medpro is preventing the claims.
Baroness Mone has stated she regrets mendacity about her hyperlinks to the agency however insists she and her husband did nothing mistaken.
The couple settle for £65million in income from PPE Medro was moved to trusts and accounts linked to Mr Barrowman, and Baroness Mone and her youngsters stand to learn. The courtroom order, reported by the Financial Times, bars the pair from promoting some belongings and put restrictions on others. It follows an software by the Crown Prosecution Service below the Proceeds of Crime Act. A spokesman for the couple stated: “Doug and Michelle did not contest the application and were happy to offer up these assets.”
But Baroness Mone tweeted: “It’s ridiculous that private and confidential matters continue to be leaked from Govt sources…”
It comes after the Mirror revealed the pair had been having an £80million firesale of different properties, together with the Lady M yacht for below £7million and a £7.5million personal jet.
Last month, the couple advised the BBC they’d been made “scapegoats” for the Government’s wider failings on PPE.