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.