No idea of her or her husband's financial status but according to that podcast the government and her are in 'mediation' regarding a refund of the money, HSBC closed the bank accounts and he, her husband, refuses to say if the 'profit' ie £65m was used to buy the yacht and her house in Belgravia is up for sale so presumably she's at least trying to raise cash or trying to avoid UK jurisdiction.
I mean why would an 'actual billionaire' allegedly need to rip of a country to buy a luxury yacht?
Makes you think...
https://www.theguardian.com/politic...nked-to-tory-peer-122m-for-ppe-bought-for-46m
PPE the government bought for £122m from a company linked to the Tory peer Michelle Mone was purchased from the Chinese manufacturer for just £46m.
The extraordinary profits apparently made by PPE Medpro and its partners in the supply chain are revealed in documents leaked to the Guardian, including contracts and an inspection report for sterile surgical gowns supplied by the firm.
Despite being bought at the start of the pandemic and delivered in 2020, the 25m gowns were never used by the
NHS after government officials rejected them following an inspection.
The Department of Health and Social Care (DHSC) has for months been
seeking to recover money from PPE Medpro through a mediation process. The firm claims it is entitled to keep the money, arguing that DHSC “agents” approved the gowns after inspection.
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PPE Medpro’s contract to supply 25m sterile surgical gowns was
one of two awarded to the company after it was processed through a government “VIP lane” for politically connected companies.
The company was first entered into the government’s high-priority lane after
Mone contacted two cabinet ministers – Michael Gove and Theodore Agnew – in May 2020 to say that PPE could be sourced from “my team in Hong Kong”.
Half of PPE procured by UK using ‘VIP’ companies has not been used
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Documents leaked to the Guardian shed light on the production of the gowns by a company in China, Wujiang Tutaike Textile and Finishing Co Ltd, as well as the apparent cost price paid.
Two contracts entered into by PPE Medpro’s supply chain intermediaries with the Wujiang company suggest it supplied all 25m gowns. The total price paid was $60.35m, which at the time equated to approximately £46m.
That suggests that PPE Medpro and three intermediary companies shared as much as £76m in profits – perhaps less shipping and other logistics costs.
A spokesperson for PPE Medpro argued the company saved the government money, given the prices it was paying for PPE at the time.