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Baroness Mone-linked firm says chase our partners for the money

Baroness Mone-linked firm says chase our partners for the money

Summary

PPE Medpro, a company linked to Baroness Mone, was ordered by a court to repay £122 million to the UK government because the gowns it supplied did not meet required sterility standards. Most of the money received by PPE Medpro was given to other companies, and efforts are underway to recover these funds from them. The company is now in administration, and authorities continue to investigate.

Key Facts

  • A court ordered PPE Medpro to return £122 million for supplying gowns that did not meet sterility standards.
  • PPE Medpro transferred £83 million of the money it got to other companies.
  • Health Secretary Wes Streeting said they will try to recover as much money as possible.
  • PPE Medpro has only £666,000 in assets, making full repayment unlikely.
  • Baroness Mone, who helped the company win government contracts, is not a shareholder or director, but some politicians want her to repay the money personally.
  • Doug Barrowman, linked to the company, admitted receiving £60 million.
  • The National Crime Agency is investigating the case.
  • PPE Medpro's director started winding down the company as it entered administration.

Source Information