NEWS STORY : Peer Michelle Mone Admits to Lying

STORY

Baroness Mone has admitted to lying about her involvement with PPE Medpro and threatening the Guardian newspaper with legal action when they sought the truth. The Peer, who is on a leave of absence from the House of Lords following the accusations, said in an interview with Laura Kuenssberg that:

“Hindsight is a wonderful thing, I wasn’t trying to pull the wool over anyone’s eyes and I regret and I am sorry for not saying straight out that I am involved.”

Mone admitted that her family had made millions of pounds in profits from the deal which she sought to hide from the media. The Government is currently taking legal action against PPE Medpro for poor quality PPE equipment and the National Crime Agency are continuing their investigations into Baroness Mone’s involvement. Baroness Mone is also under investigation by the House of Lords authorities for failing to register an interest as is required by the rules of the House.

The Guardian newspaper, who had led investigations into the conduct of Baroness Mone, wrote:

“The former Conservative peer Michelle Mone and her husband, Doug Barrowman, have acknowledged for the first time that he made multimillion pound profits from two PPE deals during the Covid pandemic. Mone also acknowledged for the first time that, as revealed by the Guardian last year, Barrowman then transferred money from those profits to a trust, the Keristal Trust, set up for the benefit of Mone and her three adult children. The couple said Barrowman’s children were also beneficiaries of the trust.”

Mone is not expected to return any of the money and has yet to announce whether she intends to stand down from the House of Lords.