Distribution
How PPR Medpro profits were transferred to Michelle Mone’s trust
Flow of money from PPE Medro profits between September and October 2020
PPE Medpro
Company awarded £203m in government contracts – after referral by Michelle Mone – paid out profits in two instalments in September 2020
£65m
Warren Trust
Isle of Man registered trust that solely benefits Douglas Barrowman, Mone's husband – and a secret PPE Medpro investor
£45.8m
Douglas Barrowman
His personal Isle of Man bank account receives funds from the Warren Trust, and then passes on money originating from PPE Medpro profits
£28.8m
Keristal Trust
Isle of Man trust that, records indicate, was set up to benefit Mone and her children.
Distribution
How PPR Medpro profits were transferred to Michelle Mone’s trust
Flow of money from PPE Medro profits between September and October 2020
PPE Medpro
Company awarded £203m in government contracts – after referral by Michelle Mone – paid out profits in two instalments in September 2020
£65m
Warren Trust
Isle of Man-registered trust that solely benefits Mone's husband, Douglas Barrowman – and a secret PPE Medpro investor
£45.8m
Douglas Barrowman
His personal Isle of Man bank account receives funds from the Warren Trust, and then passes on money originating from PPE Medpro profits
£28.8m
Keristal Trust
Isle of Man trust that, records indicate, was set up to benefit Mone and her children.
Distribution
How PPR Medpro profits were transferred to Michelle Mone’s trust
Flow of money from PPE Medro profits between September and October 2020
PPE Medpro
Company awarded £203m in government contracts – after referral by Michelle Mone – paid out profits in two instalments in September 2020
£65m
Warren Trust
Isle of Man-registered trust that solely benefits Mone's husband, Douglas Barrowman – and a secret PPE Medpro investor
£45.8m
Douglas Barrowman
His personal Isle of Man bank account receives funds from the Warren Trust, and then passes on money originating from PPE Medpro profits
£28.8m
Keristal Trust
Isle of Man trust that, records indicate, was set up to benefit Mone and her children.