Michelle Mone Kapoot.

What a life journey
Good looking Scottish girl creates a great underwear company, sold for millions, gets a Knighthood, well female equivalent...
Covid comes along, her and her hubby create a medical mask company, get awarded a dubious 150 million contract to supply said products, turn out they were useless as well as being way overpriced...
Now ordered to repay 120 million to taxpayer...
Obviously, bankruptcy the next step

Went into administration yesterday!

I agree with your summing up.  She is an embarrassment.  But we did not elevate her to the HofL.  And crooks are crooks no matter their place of birth.  Some of them go on to do time then become TV darlings.  Look at Jeffrey Archer.

and all the barristers on a grand a day...sublime outcome.

do think her connection to business would see her face charges..wasnt it barrowmans company?

She’d be kinky in that House of Lords red cape at Christmas in her webbing under my tree and forgiven

Scapegoat….certainly agree she should pay the lot but she ain’t alone tbh….

Hand…c@ck…..where is it hiding ?

122 million for plastic aprons…..lol

Large tenders for government contracts don’t always go to the lowest…..

Taxpayers money = confetti…..

I was going on and on about it back in 2020. Mone is just a convenient devil for the establishment. They are the real devils. They were giving £50K to anyone who started a 'new business' on the companies house website for £12. One individual did it 17 times. Obviously we'll never see a penny of it, the businesses didn't exist. And nobody who handed out the money will face any accountability.

company doesnt excist on a fri,in business on monday with £100 in its account gets £250 mill contract, its products are unusable/destroyed,company buys £100 mill + LEAR JET, company gets fined £122 mill, day after going in to liquidation,
no one arrested
TORY TRICKLE DOWN ECONOMICS,nothing to see here

the £ is peanuts in grand scale ,the real story is someone in HOL, watching 1000,s die a horrible death on her TV screen,1st thought was HOW DO WE MAKE £ OUT OF THIS

I seem to recall all the legacy broadcasters and news channels live streaming a plane landing with a few pallets of PPE on it From Turkey iirc.

People had lost their frigging minds over a virus slightly more lethal than flu.

where were the companies the NHS had been obtaining their products from for the previous years?

An anti-corruption charity says it has identified significant concerns in contracts worth over £15.3bn awarded by the Conservative government during the Covid pandemic, equivalent to one in every £3 spent.
Transparency International UK found 135 “high-risk” contracts with at least three red flags - warning signs of a risk of corruption.
Twenty-eight contracts worth £4.1bn went to firms with known political connections, while 51 worth £4bn went through a "VIP lane" for companies recommended by MPs and peers, a practice the High Court ruled was unlawful.
A Conservative spokesperson said: “Government policy was in no way influenced by the donations the party received – they are entirely separate.”
Transparency International UK analysed 5,000 contracts for red flags.
The charity said its analysis also indicated that almost two thirds of high-value contracts to supply items such as masks and protective medical equipment during the pandemic, adding up to a total of £30.7bn, were awarded without any competition.
A further eight contracts worth a total of £500m went to suppliers no more than 100 days old – another red flag for corruption.
Normal safeguards designed to protect the process of bidding for government contracts from corruption were suspended during the pandemic.
The government, led by Boris Johnson, justified this at the time by stressing the need to short-cut the bidding process to accelerate the supply of much-needed items such as personal protective equipment (PPE).
But Transparency International UK, a core participant in the Covid-19 inquiry which begins its third module on Monday, said the suspension of normal safeguards was often unjustifiable, costing the public purse billions and eroding trust in political institutions.

What was squandered on PPE is a tiny fraction of what was squandered on "track and trace" (not possible), ventilators (largely unused), furlough (pluck a round number out of the air), loans schemes (never to be paid back) and so many more insanity-driven schemes. Quite why all the focus is on this woman who managed to trouser about 0.005% of what was trousered (given away) is a bit of a mystery.

It was all the sleazy Tories' fault innit. As per in hell's post, which must have been lifted from a liberalist platform.

5 years later the trousering is still going on thanks to the "covid inquiry" - another 200m trousered, this time by lawyers, for an inquiry which will come to the conclusion that for the next pandemic we need to squander even more money.

Small fry to what this lot had

The approach came from a firm whose “micro-company” accounts revealed issued share capital of £1 and negative £2k in net assets.
The referral from No.10 was enough to land Innova a place on the VIP lane and the firm subsequently went on to win contracts worth in excess of £4bn – making Innova by far the biggest winners of Covid testing deals during the pandemic.

Good Law Project approached No.10 Downing Street, DHSC and Innova and Disruptive Nanotechnology for an explanation of how a tiny company with no assets pushing a highly controversial product won such privileged access to the heart of Government. But no explanation was forthcoming.

Two middlemen – Charles Palmer and Kim Thonger emailed Dominic Cummings directly at 10.39 am on 29 July 2020 on behalf of Innova Medical Group.
Included in the 29 July 2020 email was a letter addressed to Mr Cummings with former health secretary Matt Hancock and current Net Zero minister Grant Shapps also CC’d.
The brief letter included a plea for the Government to “engage” with Palmer and Thonger over Innova’s “game-changer” Covid test.
Within one hour of Dominic Cumings receiving the email, he had referred it to former No.10 advisor William Warr who had in turn referred the offer onto Emma Stanton, the former Director for Supplies and Innovation working on ‘Test and Trace’. Warr also thanked the pair for the “note to Dom”.

Less than two months later, Innova was awarded its first contract, valued at £103m – without competition, to supply lateral flow tests. Innova went on to win 12 contracts to supply Covid tests totalling more than £4bn in value.
Charles Palmer and Kim Thonger contacted Dominic Cummings in July 2020 via their company Disruptive Nanotechnology (trading as Tried and Tested). Companies House records at the time show the firm had only £85 in the bank and owed £3,592 in debts.

Following the eye-watering Innova deals, Disruptive Nanotechnology’s profits surged in 2020/21 to £20.5m with a further £18m cash in the bank. Palmer and Thonger were the company’s only employees at the time.

According to reports, Innova medical group have also cashed in during the pandemic, last year, executives were discovered flying the globe in newly registered Gulfstream jets and purchasing ‘multi million-dollar homes’ directly off the back of contracts awarded by the government.

The decision by the Department of Health and Social Care (DHSC) to award contracts worth £4bn to Innova has been controversial. In June 2021, US regulators issued a strict public warning and banned the use of Innova Covid tests due to “significant concerns that the performance of the test has not been adequately established, presenting a risk to health.” The scathing FDA “warning letter” also suggested that Innova may have falsified evidence in support of the efficacy of the tests.

The FDA issued a “Class I recall”, the most serious type of notice, and advised consumers to either “destroy” Innova’s antigen tests or throw them in the “trash”. Six days later the United Kingdom government awarded Innova a further contract, valued at £518m.

Burnt through billions and plenty made a few quid.

quite incredible what goes on away from the BF forum daily