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Revealed: Tory peer Michelle Mone secretly received £29m from ‘VIP lane’ PPE firm

The Conservative peer Michelle Mone and her children secretly received £29m originating from the profits of the PPE business, PPE Medpro, that was awarded large government contracts after she recommended it to ministers, documents seen by the Guardian indicate.

Lady Mone’s support helped the company, PPE Medpro, secure a place in a “VIP lane” the government used during the coronavirus pandemic to prioritise companies that had political connections. It then secured contracts worth more than £200m. Documents seen by the Guardian indicate tens of millions of pounds of PPE Medpro’s profits were later transferred to a secret offshore trust of which Mone and her adult children were the beneficiaries.

Full story in The Guardian, 23 November 2022

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