mone yacht name

Inside £10m yacht linked to Michelle Mone as luxury vessel is put up for sale

Michelle Mone and her billionaire husband Doug Barrowman face a National Crime Agency investigation

• 15:23, 25 SEP 2022
• Updated 16:51, 25 SEP 2022

A yacht linked to Scots underwear tycoon and Tory peer Michelle Mone has been put up for sale for £10.25 million.

The sale of Lady M is listed months after a multi-million-pound refit to the 130ft vessel, which Glasgow-born Mone, 50, regularly features on her social media pages.

The boat, which was refurbished in May, features a deluxe cream-coloured interior and four cabins as well as room for six crew.

READ MORE: John Swinney urged to follow Kwasi Kwarteng with 'new era' income tax cuts for Scots

It comes as Mone and her billionaire husband Doug Barrowman face a National Crime Agency investigation after the peer recommended PPE Medpro during the pandemic, a firm with connections to her husband - with the pair denying any wrongdoing.

The House of Lords commissioner for standards launched into Baroness Mone in January following a complaint by the Labour peer George Foulkes.

The group was awarded two contracts worth £200 million to supply surgical gowns and other items during the pandemic in 2020 which proved useless after the goods failed an inspection. The Department for Health is in dispute with PPE Medpro over millions of surgical gowns which it bought for £122m in 2020.

Once it became public last year that she had referred PPE Medpro to the Cabinet Office using the "VIP lane", Baroness Mone admitted she made the “very simple, solitary and brief step” but insisted “did not do anything further in respect of PPE Medpro”.

But in leaked Whatsapp messages Mone was allegedly asked what size of gowns were required under the Department of Health deal and replied: “We are just about to take off in the jet. The sizes are in the order. We are waiting for the official PO [purchase order], this should come in today.”

Mone’s lawyers said she could not be expected to comment on “unknown and unattributable WhatsApp messages allegedly sent 19 months ago”.

Sources told the Guardian newspaper that Barrowman, an offshore entreprenuer on the Isle of Man, was "part of the financial consortium that backed" PPE Medpro. But his lawyers said the allegations were “largely incorrect”.

Four properties linked to the firm, including a £25 million Isle of Man bolt hole were raided by the NCA in April. No arrests were made during simultaneous raids in London and the Isle of Man but officers seized documents and electronic devices.

The yacht is also said to have links to PPE Medpro as it is owned by a firm registered on the Isle of Man called L M Yachts, whose director is Anthony Page. Mr Page works for Knox House Trust, part of Mr Barrowman’s Isle of Man-based Knox Group which also owns PPE Medpro, reports the Daily Mail.

In March, AML Tax (UK) Ltd, also part of Knox Group, was fined £150,000 for withholding records needed to calculate tax bills.

The Charity Commission recently opened a compliance case into the Barrowman Foundation.

Set up by Mr Barrowman in 2017 – with his wife as a trustee – it donates to the Prince’s Trust, but has not lodged any donations in its accounts.

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Billionaire husband of Michelle Mone lines up a £50MILLION mega-yacht

• Lady Mone has stated that the pair hope to retire and sail the world in 2025
• Husband, Doug Barrowman made more than £60 million profit on a PPE contract deal with the government 

The billionaire husband of 'Baroness Bra' Michelle Mone is preparing to take delivery of a £50 million mega-yacht, sources on the French Riviera say.

Scottish businessman Doug Barrowman – at the centre of a PPE procurement scandal with his wife – sold a 187ft (57m) yacht, Turquoise, in October last year for a reported £17.5 million. A smaller yacht, the Lady M, is now up for sale for £6.8 million.

The 58-year-old is a noted yacht enthusiast and said in a previous televised interview that he felt he had 'one more boat' in him, at a budget of £50 million.

Lady Mone added in a separate interview that the two of them hoped to retire and sail the world in 2025.

Sources in Monaco say Mr Barrowman has long planned to purchase and design his own 'ultimate' dream vessel and say that 'Vento' – currently being fitted out in Turkey – is his new craft.

The 285ft (87m) yacht boasts a hull finished in Tour de France blue, a swimming pool, a helipad that doubles as a basketball court, an outdoor cinema, bar and spiral staircase, plus a beauty salon and beach club. 

It is being fitted by London-based H2 Designs, who previously worked with Mr Barrowman on a refit of Turquoise and of the Lady M. Vento is due to be delivered to its new owner this year.

Jonny Horsfield, the boss of H2, did not return requests for comment about the owner of the new yacht.

Yacht broker Glynn Smith, of Ethereal Yachts – who did the deal for Vento – did not deny that the client was Mr Barrowman but said that he was bound by 'strict confidentiality' and added that the client 'wished to remain anonymous'.

Mr Barrowman's office and lawyer, and Lady Mone's office, did not return requests for comment.

The timing of the purchase could be embarrassing, as the National Crime Agency is investigating allegations of fraud and bribery surrounding the firm PPE Medpro.

PPE Medpro, a consortium that Mr Barrowman led, was awarded more than £200 million by the Government to supply medical equipment. 

It is currently being sued by the Government for £122 million for 'breach of contract and unjust enrichment' over claims that its surgical gowns were unfit for use.

The company denies the allegations and Mr Barrowman says that he is confident that he will win his civil case.

Lady Mone, who founded the lingerie label Ultimo, lobbied Ministers Michael Gove and Lord Agnew for the PPE contracts but initially denied she had connections to the firm. She now admits that was a lie.

Mr Barrowman made more than £60 million profit on the deal, much of which was transferred to an offshore trust of which Lady Mone and her children are beneficiaries.

The National Crime Agency has frozen her bank accounts during the investigation. A string of assets owned by Lady Mone, 52, and Mr Barrowman have been put up for sale, including a home on St Barts, the Lady M yacht and a Cessna private jet.

The couple's London home and Algarve villa have reportedly been sold. They live on the Isle of Man, which is a tax haven.

In a statement published on Lady Mone's account on X/Twitter, Mr Barrowman sought to highlight failures from the Department of Health and Social Care.

'Michelle and I are being hung out to dry to distract attention from Government incompetence in how it handled PPE procurement,' he said. 'I understand why the British public feel angry but their anger should not be directed at Michelle or I.' 

He added that Medpro's profit was in line with that made by other PPE providers.

In a Channel 4 documentary, Million Pound Mega Yachts, broadcast in 2015, Mr Barrowman said he had spent around £3 million refitting the yacht Turquoise with H2.

He added: 'You have to spend it on something. There's a limit to the amount of houses you can have and private air travel.'

He added that he and H2 boss Mr Horsfield had spent 'hours' talking about the design of the boat and said: 'I think we've got another boat in us really.'

Mr Barrowman's yacht Turquoise featured in the Sky drama series Riviera in 2017. It was seen in one of the episode's opening sequences as the setting for an orgy, and was then 'blown up' via special effects. Mr Barrowman made a cameo appearance.

Producer Paul McGuinness, formerly U2's manager, told GQ magazine that Mr Barrowman had insisted on drinking Dom Perignon while the other actors and extras had sparkling apple juice. 'He loved being on the show.

'He didn't see why he had to drink coloured water and we certainly weren't going to tell him what he should drink,' McGuinness said.

In an interview with the Daily Record in 2020, Lady Mone said: 'Doug and I dream of getting a yacht and going around the world… At the moment. we've got too much on our plate but in five years' time, I see us doing that.'

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130ft luxury yacht linked to 'Baroness Bra' and Tory Peer Michelle Mone is listed for sale for £10.25million

• Superyacht is on sale for £10.25 million – months after a multi-million-pound refit
• Former bra tycoon and Tory peer Michelle Mone, 50, is linked to the 130 ft boat 
• It comes after turbulent year for Mone and billionaire husband Doug Barrowman 

By Guy Walters For The Mail On Sunday

Published: 17:21 EDT, 24 September 2022 | Updated: 18:28 EDT, 24 September 2022

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A yacht linked to former bra tycoon and Tory peer Michelle Mone has been put up for sale for £10.25 million – months after a multi-million-pound refit.

The 130ft vessel, Lady M, featured regularly as a glamorous backdrop on her Instagram page.

It has four guest cabins and room for six crew. Everything from the cream interiors and teak decking to the hull and navigational equipment was refurbished in May.

Michelle Mone with the yacht, Lady M. The 130ft vessel featured regularly as a glamorous backdrop on her Instagram page

The sale comes after a turbulent year for the 50-year-old and her billionaire husband Doug Barrowman. 

In April, the National Crime Agency began investigating PPE Medpro, a firm with connections to Mr Barrowman, after it was awarded two contracts worth £200 million to supply surgical gowns during the pandemic in 2020. 

They were never used after failing an inspection.

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The NCA is likely to interview Baroness Mone after she recommended the firm to Ministers. 

Four properties linked to it, including a £25 million Isle of Man home the pair owned, were raided by the NCA. The couple deny wrongdoing.

The yacht, said to be ‘phenomenal’ by sales agent Cecil Wright, is linked to PPE Medpro. 

It is owned by a firm registered on the Isle of Man called L M Yachts, whose director is Anthony Page. 

The sale comes after a turbulent year for the 50-year-old and her billionaire husband Doug Barrowman

The employee of Knox House Trust, part of Mr Barrowman’s Isle of Man-based Knox Group, also owns PPE Medpro.

In March, AML Tax (UK) Ltd, also part of Knox Group, was fined £150,000 for withholding records needed to calculate tax bills.

The Charity Commission recently opened a compliance case into the Barrowman Foundation. 

Set up by Mr Barrowman in 2017 – with his wife as a trustee – it donates to the Prince’s Trust, but has not lodged any donations in its accounts.

Baroness Mone recently paid £50,000 to settle a libel claim from an ex-friend of Indian heritage who accused her of racism for calling him ‘a waste of a man’s white skin’.

Share or comment on this article: 130ft luxury yacht linked to 'Baroness Bra' and Tory Peer Michelle Mone on sale for £10.25million

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The yacht, the wedding and £29m: Michelle Mone’s life during the Covid crisis

After recommending PPE Medpro for £203m government contracts, the Tory peer spoke of how business was hard but ‘rewarding’

I n the summer of 2021, when a traumatised Britain was enduring a third wave of Covid infections as it struggled to emerge from the pandemic, the Conservative peer Michelle Mone posted a photograph on Instagram of herself and her husband, Douglas Barrowman, in the Mediterranean. They were on their new luxury yacht, Lady M.

Mone, 51, who attained celebrity status through her bra and lingerie company, Ultimo, and was appointed to the House of Lords by David Cameron in 2015, told her followers: “Today I’m feeling reflective. I feel so grateful to be where I am, in a beautiful part of the world with the people I love the most. It wasn’t easy. There were some real challenges, both emotionally and physically.

“Business isn’t easy. But it is rewarding.”

The social media update about the sun-soaked luxury that “Lady (Michelle) Mone OBE”, as she describes herself on her social feeds, was enjoying on deck prompted an obvious question: during a global health and economic crisis, what business had she and Barrowman found that was so rewarding?

There had been speculation some months earlier that the couple’s good fortune may have had some connection to two large PPE contracts that the government awarded to a newly formed company, PPE Medpro, during Covid’s first deadly wave. The contracts were awarded via the “VIP lane” for companies recommended by Conservative MPs and peers and other politically connected people, but the government did not disclose at that time that PPE Medpro’s “VIP” had been Mone.

On paper, PPE Medpro had apparent links with Mone: the company’s directors, Anthony Page and Voirrey Coole, worked for Barrowman’s Isle of Man Knox Group, and Page had been the registered secretary of Mone’s company MGM Media, which managed her brand.

Asked in late autumn 2020, after these contracts had been awarded, if they were involved with PPE Medpro, Mone and Barrowman had emphatically denied having anything to do with it.

To emphasise the point, Page also issued a press release stating: “PPE Medpro was not awarded the contract due to company or personal connections to the government or Conservative party.”

Through the two years of scrutiny that have followed, the manner of Mone and Barrowman’s responses, almost all issued by lawyers acting on their behalf, has been striking: a series of fierce denials of “involvement” in the company, or the process through which it secured its government contracts, coupled with legal threats.

However the Guardian has chipped away at the edifice of the denials . A two-year investigation establishing the couple’s links to PPE Medpro culminates today with newly leaked documents indicating that Mone and Barrowman secretly received tens of millions of pounds originating from the company’s profits , which were sent to the Isle of Man.

The documents state that Barrowman received at least £65m in PPE Medpro profits, and transferred £29m to an offshore trust that, bank records indicate, benefited his wife and her adult children.

Contacted about the new disclosures, a lawyer for Mone said: “There are a number of reasons why our client cannot comment on these issues and she is under no duty to do so.” A lawyer who represents both Barrowman and PPE Medpro said that an ongoing investigation limited what they were able to say on these matters. He added: “For the time being we are also instructed to say that there is much inaccuracy in the portrayal of the alleged ‘facts’ and a number of them are completely wrong.”

A high-profile wedding and an ugly spat

In the autumn of 2020, months after PPE Medpro had secured the £203m Covid contracts, Mone was tussling with other considerations, including how to hold a wedding in the pandemic. In September 2020 she was forced to cancel a planned ceremony in the 13th-century chapel of St Mary Undercroft, in the Palace of Westminster.

Instead, she switched to the the Isle of Man, where there were few Covid restrictions at the time. Barrowman, her then fiance, has a sprawling U-shaped nine-bedroom home on the island. While the couple were making wedding arrangements from this base, Barrowman seems to have also been focusing on moving profits gained from PPE Medpro around various Isle of Man registered trusts, companies and accounts.

None of this was known then, despite the attention on Mone. Particularly since receiving a peerage in 2015, Mone had become a fixture in the tabloids, which titled her “Baroness Bra”. The wedding in November 2020 provided a level of glamour that was gleefully splashed across pages of papers mostly still concerned with the pandemic. Hello! magazine filled its pages with pictures of the couple’s celebrations, including shots of the bride in her designer wedding dress and Jimmy Choo heels.

After the wedding, Mone took to Instagram to thank “everyone on the Isle of Man for making our day so special”, including an opera singer and five live bands that had played during the weekend.

In December 2020, with the UK still in tier 2 and 3 Covid restrictions, Mone received a mixed public reaction to idyllic photos she posted online of the honeymoon at a five-star resort in the Maldives where, she tweeted, the couple were having “the most fantastic time”.

Just a month later, the Guardian understands, the bank Barrowman used in the Isle of Man, HSBC, was conducting an investigation into the financier’s receipt and distribution of the millions from PPE Medpro’s profits, and – the Guardian understands – decided to drop the couple as customers. HSBC declined to comment.

Publicly, however, all was blissful through the summer of 2021. Mone posted a series of perfectly posed pictures, including ones on the deck of the Lady M, with reflections on her state of contentment. “Decide what makes you happy and just go for it,” she wrote on one.

In June 2021, Mone and Barrowman garnered widespread publicity for a newly announced £18m business venture in Aberdeen, neospace, which provided office space tailored for post-Covid hybrid working. In August, almost a year after the couple are now known to have received a fortune in PPE Medpro profits, the Scottish Sun reported that Mone’s adult children had altogether spent more than £3m buying new properties in Glasgow.

Just weeks after her 50th birthday, however, the cracks started to appear in Mone and Barrowman’s carefully cultivated public image.

An ugly spat a couple of years previously with a former friend of Indian heritage was revealed by the Guardian. Mone was accused of sending him an allegedly racist message , calling him “a waste of a man’s white skin”, after a yacht crash off Monaco. Mone was interviewed under caution earlier this year, although in August the Metropolitan police confirmed that no further action would be taken.

Links to PPE Medpro revealed

The mystery around PPE Medpro was about to be broken too. For nearly 18 months the couple had constantly dismissed, denied or played down any links to the company.

However the Good Law Project , a not-for-profit campaign group, pursued a freedom of information request that led to the information commissioner ordering the government to publish the names of both the companies that had received contracts through the VIP lane and those who had referred them. When it did so, PPE Medpro was on the list , with the name of the VIP who initially referred the company to the government: “Baroness Mone”.

Confronted in November 2021 with the one inescapable fact at that time – that she had recommended the company to her fellow Tory peer Theodore Agnew, then a minister responsible for procurement – Mone’s lawyer said: “Having taken the very simple, solitary and brief step of referring PPE Medpro as a potential supplier to the office of Lord Agnew, our client did not do anything further in respect of PPE Medpro.”

The lawyer also stated that Mone had not declared the company on her Lords register of interests because “she did not benefit financially and was not connected to PPE Medpro in any capacity”.

The details of how Mone and Barrowman were linked to the company came instead from key information and documents provided by sources to the Guardian after Mone’s referral of the company became public.

In early January 2022, the Guardian revealed further details about Mone’s links to the PPE Medpro contracts. Leaked files appeared to show that, despite their constant denials, Mone and Barrowman did appear to have been secretly involved in the company. By then it had also emerged that the gowns supplied under a £122m contract had been rejected after a technical inspection and never used.

A day after the Guardian’s report, seemingly unconcerned by the revelations, Mone told her Twitter followers that she loved putting on make-up even when she had no event to attend. But it was the last time she shared her thoughts with her followers. On Instagram, too, her feed soon went quiet.

Then, in March 2022, the Guardian revealed new details of how Mone’s efforts had helped PPE Medpro secure its place in the VIP lane back in May 2020.

Her first approach to the government was to her fellow Conservative Michael Gove, who was then a Cabinet Office minister. Neither party has responded to questions about the nature of their relationship and how Gove came to be Mone’s first point of contact when offering to supply PPE to the government. She did tweet approvingly about him in 2017, writing: “Brilliant night with my colleagues at @UKHouseofLords Spent some time with @michaelgove I can honestly say,he’s mega switched on&a nice guy.”

Brilliant night with my colleagues at @UKHouseofLords Spent some time with @michaelgove I can honestly say,he's mega switched on&a nice guy — Lady (Michelle) Mone OBE (@MichelleMone) June 13, 2017

After her approach to Gove in the weeks after the UK’s first lockdown, Mone contacted Agnew by private email on 8 May 2020, copying in Gove. She offered to supply large quantities of PPE face masks, the Guardian revealed, saying they could be sourced through “my team in Hong Kong”.

Agnew passed the offer to civil servants handling “priority” offers from politically connected people. PPE Medpro, the company, was not even incorporated until four days later, on 12 May 2020, but by the end of June, the government had contracted to pay it £203m of public money.

A few weeks after these latest revelations, in late April 2022, Mone made a rare appearance in the House of Lords to vote on the government’s police, crime, sentencing and courts bill. The following day police cars turned up at her London and Isle of Man properties. The raids by the National Crime Agency (NCA) , investigating potential fraud relating to PPE Medpro , were reported widely. Mone has not voted in the Lords since.

The latest batch of documents reviewed by the Guardian state that in October 2020, Barrowman transferred £29m originating from PPE Medpro profits to a trust set up on the Isle of Man. Records indicate the trust was set up to benefit Mone and her three children, and that its bank account was opened the same month that she recommended PPE Medpro to Tory ministers.

Barrowman is understood to have told HSBC that his wife had “no involvement” in the business activities of PPE Medpro, and the onward transfer of its profits via his personal bank account had been made “in his personal capacity”.

These details will add significant pressure on the peer, who is facing an investigation by the Lords commissioner for standards into whether she breached the conduct rules by failing to register an interest in the company, and by lobbying for it to be awarded government contracts. That investigation continues. Mone has denied wrongdoing.

The NCA’s investigation into potential fraud by PPE Medpro also continues. So far no one has been arrested or charged. Lawyers for PPE Medpro have declined to comment.

Barrowman declined to answer questions about whether money originating from PPE Medpro profits was used to pay for the Lady M yacht, the new Glasgow properties, the wedding or the honeymoon. A lawyer for Mone and her children said: “We are advised there is no truth in what appears to be entirely speculative ‘guesses’ on your part.”

A year ago Mone’s lawyer responded to a question about whether money derived from PPE Medpro’s deal had funded the yacht. “The inference which you clearly wish to create is that our client has used her position to lobby the government to award lucrative contracts to companies ‘connected’ to her and then spent the proceeds on an expensive yacht … That is not only wholly untrue, but if repeated, is highly actionable as it is grossly defamatory of our client.”

Meanwhile, the UK government is continuing its attempt to recover money from PPE Medpro in relation to the unused gowns through a dispute resolution process. PPE Medpro insists the gowns purchased through the £122m contract passed inspection, and that the company – and, presumably, the beneficiaries of its profits – are entitled to keep the money.

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More on this story

Leak reveals Michelle Mone told government she would not benefit financially from PPE firm

Michelle Mone’s former lawyer says he wants apology for ‘damage to reputation’

Michelle Mone has £75m of assets frozen as NCA investigates fraud

Cameron broke convention when he made Michelle Mone a peer, says Tory MP

Michelle Mone: leading entrepreneur or lucky baroness?

Michelle Mone’s husband linked to tax firms whose clients submitted misleading claims, documents suggest

Michelle Mone’s husband says couple being ‘hung out to dry’ by ministers

Lawyer apologises for saying Michelle Mone was not linked to PPE firm

Revealed: journalist behind Michelle Mone film also worked as private investigator on her behalf

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Luxury £10m yacht linked to Michelle Mone ‘renamed’ by activists amid PPE controversy

The 51-year-old underwear tycoon is at the centre of controversy over her alleged links to PPE Medpro - a firm awarded a PPE contract.

• 19:54, 1 FEB 2023
• Updated 08:11, 2 FEB 2023

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A luxury yacht linked to Michelle Mone has been 'renamed' by political activists over a PPE controversy.

The 51-year-old underwear tycoon is at the centre of controversy over her alleged links to PPE Medpro - a firm awarded a PPE contract. She has denied any accusations of wrongdoing.

The 130ft Lady M yacht, which is worth £10million, is believed to be docked at Vilanova Grand Marina near Barcelona.

The campaign group Led by Donkeys are understood to have found the swanky vessel and plastered ‘Pandemic Profiteer’ on the side of it.

In the footage shared on social media earlier, activists in a dinghy can be seen brandishing the name across the yacht while the Titanic theme song plays in the background and dramatic drone shots flash across the screen.

A narrator says: “The government says it can’t afford to pay nurses and other workers a fair wage. But there was enough money to dish out PPE contracts to Tory cronies.

“We all paid for this yacht. And that’s why we’ve renamed it.”

Mone had recommended the company PPE Medpro to the UK Government during the covid pandemic, who went on to award the firm a £200million contract in May 2020 to produce medical gowns.

These were later alleged to not have been of "correct quality standards and specification".

The entrepreneur was accused of having profited from the lucrative deals, but "completely refuted" allegations of wrongdoing on her part or that of her husband Douglas Barrowman, who was allegedly linked to PPE Medpro.

Mone previously addressed the storm, stating: “I was asked to help at a time of national emergency. I declared all necessary interests and have done nothing wrong."

Top news stories today

Baroness Mone took a leave of absence from the Lords following allegations linking her to the controversy.

Michelle Mone's representatives have been contacted for comment.

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39m  /  127'11 | dominator | 2010.

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Special Features:

• RINA (Registro Italiano Navale) C ✠ HULL ● MACH classification
• Sleeps 10 overnight

The 39m/127'11" motor yacht 'Mone' (ex. Vellmari) was built by Dominator in Italy at their Viareggio shipyard. Her interior is styled by design house Team 4 Design and she was delivered to her owner in June 2010. This luxury vessel's exterior design is the work of Team 4 Design.

Guest Accommodation

Mone has been designed to comfortably accommodate up to 10 guests in 5 suites. She is also capable of carrying up to 6 crew onboard to ensure a relaxed luxury yacht experience.

Onboard Comfort & Entertainment

Her features include deck jacuzzi, WiFi and air conditioning.

Range & Performance

Built with a aluminium hull and aluminium superstructure, with teak decks, she benefits from a semi-displacement hull to provide exceptional seakeeping and impressive speeds. Powered by twin diesel MTU (16V 2000 M93) 2,400hp engines, she comfortably cruises at 18 knots, reaches a maximum speed of 24 knots. Her water tanks store around 5,000 Litres of fresh water. She was built to RINA (Registro Italiano Navale) C ✠ HULL ● MACH classification society rules.

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Motor yacht Mone is currently not believed to be available for private Charter. To view similar yachts for charter , or contact your Yacht Charter Broker for information about renting a luxury charter yacht.

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Mone Awards & Nominations

• The ShowBoats Design Awards 2011 Interior Design Award: Semi-displacement Motor Yachts Finalist
• The ShowBoats Design Awards 2011 Exterior Design & Styling Award: Semi-displacement Motor Yachts Finalist

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Inside £10m yacht linked to Michelle Mone as luxury vessel is put up for sale

Michelle Mone and her billionaire husband Doug Barrowman face a National Crime Agency investigation

• 17:18, 25 SEP 2022
• Updated 08:09, 26 SEP 2022

A yacht linked to Scottish underwear tycoon and Tory peer Michelle Mone has been put up for sale for £10.25 million. The sale of Lady M is listed months after a multi-million-pound refit to the 130ft vessel, which the 50-year-old socialite regularly features on her social media pages.

The boat, which was refurbished in May, features a deluxe cream-coloured interior and four cabins as well as room for six crew report the Express.

READ MORE - Jilted bride goes ahead with wedding anyway after spending her entire life savings

It comes as Mone and her billionaire husband Doug Barrowman face a National Crime Agency investigation after the peer recommended PPE Medpro during the pandemic, a firm with connections to her husband - with the pair denying any wrongdoing.

The House of Lords commissioner for standards launched into Baroness Mone in January following a complaint by the Labour peer George Foulkes.

The group was awarded two contracts worth £200 million to supply surgical gowns and other items during the pandemic in 2020 which proved useless after the goods failed an inspection. The Department for Health is in dispute with PPE Medpro over millions of surgical gowns which it bought for £122m in 2020.

Once it became public last year that she had referred PPE Medpro to the Cabinet Office using the "VIP lane", Baroness Mone admitted she made the “very simple, solitary and brief step” but insisted “did not do anything further in respect of PPE Medpro”.

But in leaked Whatsapp messages Mone was allegedly asked what size of gowns were required under the Department of Health deal and replied: “We are just about to take off in the jet. The sizes are in the order. We are waiting for the official PO [purchase order], this should come in today.”

Mone’s lawyers said she could not be expected to comment on “unknown and unattributable WhatsApp messages allegedly sent 19 months ago”.

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Sources told the Guardian newspaper that Barrowman, an offshore entreprenuer on the Isle of Man, was "part of the financial consortium that backed" PPE Medpro. But his lawyers said the allegations were “largely incorrect”.

Four properties linked to the firm, including a £25 million Isle of Man bolt hole were raided by the NCA in April. No arrests were made during simultaneous raids in London and the Isle of Man but officers seized documents and electronic devices.

Set up by Mr Barrowman in 2017 – with his wife as a trustee – it donates to the Prince’s Trust, but has not lodged any donations in its accounts.

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Michelle Mone would rather you did not see this £75mn restraint order

• Michelle Mone would rather you did not see this £75mn restraint order on x (opens in a new window)
• Michelle Mone would rather you did not see this £75mn restraint order on facebook (opens in a new window)
• Michelle Mone would rather you did not see this £75mn restraint order on linkedin (opens in a new window)
• Michelle Mone would rather you did not see this £75mn restraint order on whatsapp (opens in a new window)

Cynthia O’Murchu

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

“Justice should not only be done, but should manifestly and undoubtedly be seen to be done”. This often-quoted observation from Lord Chief Justice Hewart, uttered a hundred years ago, may be one for Michelle Mone to ponder.

Hot on the heels of last week’s FT scoop that Mone and her husband Douglas Barrowman were subject to a restraint order freezing £75mn of assets linked to them, Mone took to “X” (twitter.com) to make the unfounded allegation that Government sources “leaked” “private & confidential matters”:

It’s ridiculous that private & confidential matters continue to be leaked from Govt sources… Apparently confidentiality doesn’t exist with them! It shows how desperate they are to keep attacking us every week. Their civil case on the gowns is hopelessly flawed and they know it. https://t.co/y13QojXW5d pic.twitter.com/mK8C2ou7Jg — Lady Michelle Mone (@MichelleMone) January 26, 2024

The restraint order was granted in December as part of a criminal probe by the National Crime Agency into alleged PPE fraud.

The government has separately sued PPE Medpro — which obtained contracts worth more than £220mn during the Covid pandemic — in civil court over alleged quality issues with personal protective equipment provided by the company. (PPE Medpro has denied the PPE was inadequate). Mone had for years claimed that she and her husband had no involvement with PPE Medpro, but came clean late last year.

True, there are still gaping holes in transparency about UK court proceedings, just as there are loopholes in transparency that you could — to borrow a phrase — “ sail a yacht through ” on Government procurement. The scandal around “VIP procurement lanes”, including the contracts involving Michelle Mone and her husband, have aptly demonstrated this. 

So it’s possible that Mone is not aware of the concept of open justice. In any case, here is some reading material on that very topic. 

Open justice is a fundamental principle at the very heart of our justice system and vital to the rule of law – justice must not only be done but must be seen to be done. Its history and importance in law can be traced back to before the Magna Carta. It is a principle which allows the public to scrutinise and understand the workings of the law, building trust and confidence in our justice system. For centuries open justice has been accommodated by the provision of public galleries, allowing individuals to observe court proceedings in-person and see justice being delivered. 

So, in that spirit, FT Alphaville is publishing the restraint order imposed on Michelle Georgina Mone and Douglas Alan Barrowman following an application by the Crown Prosecution Service in the matter of the Proceeds of Crime Act 2002 — which is a public record. 

You can see the first page below — follow this link for the rest of the document. (Some bank account numbers have been redacted in the public document.)

P.S. And no, no frozen horse in this one ( Michelle Mone’s horse may be barred from Grand National — The Times)

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By SuperyachtNews 03 Feb 2023

40m yacht re-named ‘Pandemic Profiteer’

Sailing yacht ‘lady m’ has been branded with the name 'pandemic profiteer’….

Image credit: Led By Donkeys (Twitter)

Michaelle Mone’s 40m sailing yacht ‘Lady M’ has been renamed "Pandemic Profiteer” by activists. Michelle Mone is a Scottish entrepreneur and Baroness who is known for founding the lingerie brand Ultimo. Her public relations have been the subject of criticism and controversy at various points throughout her career, for a variety of reasons. Some of the issues that have contributed to her negative public image include accusations of poor business practices, conflicts with business partners, and controversial statements and actions in the public eye.

A global pandemic is a time of widespread hardship, with many people struggling to make ends meet. Profiting from such a situation can be perceived as exploiting others' suffering for one's own financial gain.

We've found Michelle Mone's yacht pic.twitter.com/Eflhc7fpOG — Led By Donkeys (@ByDonkeys) February 1, 2023

Furthermore, profiting during a pandemic can (understandably) be seen as a moral failure. A global pandemic calls for collective action, with individuals and organisations being called upon to do their part to help others. Those who profit during a pandemic may be viewed as putting their own interests ahead of the greater good, and as failing to do their part in the collective effort to overcome the crisis.

It is becoming increasingly obvious that those who are in positions of power and influence have a responsibility to use their resources to help others, rather than to enrich themselves. When they profit during a pandemic, they may be seen as failing to live up to this responsibility.

This event could very well be brushed aside and declared an isolated incident, however, one could argue that it would also be foolish to assume that this will be the last public protest against the superyacht industry. The truth of the matter is that for many people outside of the industry these superyachts symbolise a faction of society that would rather parade their wealth than put it to good use.

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Inside Michelle Mone and Doug Barrowman’s very luxurious lifestyle – from two super yachts and SEVEN homes to 18 cars and a private jet

Newly engaged Michelle Mone doesn't need a new husband worth £3billion, to help her live the high-life. She's already worth a whopping £20million thanks to her lingerie business and is used to splashing the cash

• Sabina Rouse
• Jess Lester
• Published : 17:33, 28 Dec 2018
• Updated : 8:50, 29 Dec 2018
• Published : Invalid Date,

HIDING her new engagement ring coyly behind billionaire fiance Doug Barrowman, Michelle Mone looks the picture of happiness poses with her £3 billion fiance - who owns two superyachts, six homes and a private jet.

But Michelle, 47, who announced her engagement this week , is used to living the high life after making £20 million from her lingerie brand Ultimo.

The uber rich pair - who have been dating for two years - now spend their time jetting across the globe on their private planes and hanging out with a whole host of A-list pals, including Conor McGregor and Richard Branson.

From skiing Christmas trips with the family in the swanky resort of Courchevel in the French Alps, to having coffee with celeb pal Michael Buble in Harrods, here Sun Online takes a look at their very luxurious lifestyle.

12 holidays a year and £50 million superyachts

Nothing says millionaire like a superyacht - and Michelle and Doug, who is thought to own 50 businesses, have two.

Last summer, Michelle enjoyed an exclusive and family only luxury boat trip around the south of Italy to destinations including Capri, Palermo and Sardinia.

One picture shows the boat - which boasts cushioned lounging area surrounding a large hot tub - overlooking views of Capri’s coast line.

The boat, thought to cost £3.6million, features suede sofas, a sunbathing area and a dinner table - is a smaller version of the £50million party ship used by Doug to entertain guests on holiday.

But yachting trips weren't the only holidays the couple enjoyed last year.

Michelle went on a total of 12 holidays in 2018 - two of which were to St Barths in the Caribbean.

The lingerie lover also visited Thailand, where she posted Instagram pictures on board a traditional fishing boat whilst soaking up the sunshine.

It came only months after she visited Italy, travelling to Monaco in August for a weekend break in between two superyacht holidays around the summer coastline.

She's even been known to charter a 10-seater private jet to whisk the entire family away for a skiing holiday in Courchevel - with the flight alone costing around £12,000.

Loved-up couple Michelle and Douglas also use a helicopter for travelling in style on date nights, costing £6,000 a charter.

She was also spotted using the private chopper to travel from the private helipad outside her Isle of Man home to business meetings for her QVC jewellery line launches in London.

£600,000 on cars

And to satisfy her need for luxury on the ground as well as in the air, Michelle’s lavish car collection includes a black Continental Bentley, which is priced at £159,000 and a red Ferrari 488 Spider, at £195,000.

She’s previously owned an Aston Martin DB9, which start at £140,000, and a Bentley Bentayga all-terrain four-by-four, which retails at £136,000.

£120 million mansion

Michelle’s live in Doug's mansion on the Isle of Man, which features a gym, spa, indoor pools, and a glass-cased walk in wardrobe - and is valued at £120 million.

The home has its own bar, kitted out with a range of luxury alcohols including Hennessy XO Whisky, Grey Goose Vodka and Remy Martin Cognac - each cashing in at over £100.

Upstairs there’s a fully functioning gym with weights, machines and even a pole in front of floor to ceiling mirrors.

A spa on the ground floor of the home includes both warm and hot pools, a steam room and a solarium with large loungers.

Around the house are pieces of art from a variety of prestigious British artists, notably Lincoln Townley, a friend of Michelle’s, whose art often sells for more that £100,000 a piece.

Michelle spends most of her time at the estate, but also owns a £1.4million Scottish home named Telperion, which she recently put up for sale.

She took ownership of the property from her ex-husband in 2015 after a tussle for the property following their tumultuous split, which saw Michelle catch her husband cheating and trash his £100,000 Porsche.

Meanwhile, Doug owns a further five properties, one of which is in Cannes on the French Riviera.

The Ultimo-te wardrobe 

Within the Isle-of-Man mansion, ex-lingerie tycoon Michelle has her own walk-in wardrobe, where she keeps her designer clothing - including Gucci totes and Chanel purses.

The gold wardrobe, which she claims takes eight hours of organising, harbours her favourite £500 dress from Alice McCall - and Gianvito Rossi leather shoes that cost over £600 a pair.

A central island contains her prized bespoke Ultimo lingerie collection, and her expensive perfume sits on a well organised dressing table lit up by vanity lights.

The same glam squad as Ayda Field and Tamara Ecclestone

Her glam squad is often pictured working in the kitchen or around the dining table as the small dressing room lacks the room required for a makeup and hair transformation.

Michelle’s team includes professional makeup artist Toby Salvietto, who also works for Katie Piper, Ayda Field and Tamara Ecclestone.

Stylist James Yardley, who works with Tess Daly, Caroline Flack and Rochelle Humes is in charge of putting together the outfits.

Whether she’s hitting the beach on her summer holidays, ready for a work out with her personal trainer or attending a business summit, Michelle tells Instagram she’s always dressed for ‘business’.

Celeb mates like Richard Branson and Conor McGregor

Being a successful entrepreneur means mixing in celebrity circles and working alongside some of the biggest business tycoons in the industry.

Michelle announced in October that legendary Apple co-founder and inventor Steve Wozniak, who she was pictured with in her Silicon Valley office, is her latest business partner.

The snap came just months after Michelle and Doug met Michael Buble for lunch in Harrods.

She’s also been spotted with racing heroes Eddie Jordan, a fellow businessman, and David Coulthard, former Formula 1 driver..

In January, while at the leading business Pendulum Summit in Dublin, she was spotted rubbing shoulders with MMA fighter Conor McGregor, and billionaire Richard Branson.

And when launching her 15th jewellery collection, Michelle was even seen hanging out with Amanda Holden.

Michelle has even met with Prince Charles, not only to receive her OBE, but they were seen shaking hands at a meeting for the board of the Princes Trust in February 2017.

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Tory peer Michelle Mone launches £80m fire sale of luxury villa, superyacht and private jet amid PPE scandal

3 January 2024, 14:24 | Updated: 3 January 2024, 15:59

By Christian Oliver

Tory peer Michelle Mone and billionaire husband Doug Barrowman have launched an £80m fire sale of their assets, including a luxury Caribbean villa, superyacht, and private jet amid their involvement in the ongoing PPE scandal.

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Baroness Mone, 52, previously revealed her bank accounts were frozen following a two-year investigation by the National Crime Agency into allegations of fraud and bribery.

The allegations surround PPE Medpro - a company that the couple is close to - which was awarded more than £200m to supply the government with protective medical equipment amid the Covid-19 pandemic.

The company is currently being sued by the Department for Health for £133m over claims surgical gowns it supplied were inadequate.

The lingerie tycoon had previously distanced herself from PPE Medpro but since admitted she lied when denying her links with the company.

The couple has now put several of their assets up for sale which they own through a string of off-shore companies, The Mirror reported. The couple is set to lose £29m if they sell the assets at their current listing price.

The assets include a yacht - named Lady M - which became infamous when Mone posted a picture of herself in a bathing suit on the vessel in the Mediterranean with the caption: "Business isn’t easy. But it is rewarding.”

Read More: 'I don't know' if Michelle Mone should be kicked out of the Lords, govt minister says after baroness takes aim at Sunak

Read More: 'They all knew': Michelle Mone hits back after Rishi Sunak says he is taking the PPE scandal 'extremely seriously'

After its price was slashed by £3m, the luxury vessel is now on sale for £7m. The yacht is owned by off-shore Isle of Mann company LM Yachts Ltd, which is run by former PPE Medpro director Voirrey Coole.

Also for sale at a cut price is a £41m six-bedroom luxury villa on the picturesque island of St Barts in the Caribbean.

The 17,000 sq ft six-bedroom mansion, which Barrowman built in 2018 is claimed to be one of the biggest on the Caribbean island. It has reportedly played host to the rich and famous including Jay Z and Beyoncé.

It has been on sale since 2021 - originally listed at £63m but now cut down to £41m.

The Mirror also reported that the couple's £19m London townhouse was sold last year, as well as their £7m Algarve, Portugal, villa.

The 'Baroness Bra' and husband Barrowman also have a £7.5million Cessna Citation CJ4 private jet listed for sale.

It is listed as owned by the Isle of Man company Cabbane Limited, which is wholly owned by Barrowman and is run by director Anthony Page - also director of PPE Medpro. The aircraft has been listed for sale by an American plane broker, The Mirror reported.

In response to The Mirror's report, a spokesperson for Mr Barrowman said: “The media’s ridiculous ­obsession with every tiny detail of Michelle and Doug’s personal life continues to reach desperate levels.

"They have both been very successful in business for decades, so if the Daily Mirror plans to write about every asset that they own, might be buying or could be selling, its ­journalists would writing for a very long time.

"This is a futile attempt to distract from Doug Barrowman’s robust ­fightback against the PPE Medpro allegations over the last few weeks.”

It comes after Barrownman claimed his family had been "treated as a punchbag" for the "lamentable failures" by ministers when procuring personal protective equipment (PPE) during the pandemic.

In a statement published by Lady Mone on X, formerly Twitter, on New Year's Day, Barrowman said it "suits the agenda" of the UK Government to "scapegoat" him and his wife for their part in supplying items designed to protect against coronavirus infection through the firm PPE Medpro.

Lady Mone has admitted she lied when she denied having connections to the company, a consortium led by her husband, which was awarded contracts worth more than £200 million to supply gowns and face masks.

The lingerie entrepreneur stands to benefit from its £60 million in profits that have been placed into a trust by her husband.

Mr Barrowman said he and his family have been "treated as a punchbag by the media for the past three years" and have "received death threats and a constant torrent of online and other abuse" as a result of the row.

In his statement of more than 1,000 words published on Monday, Mr Barrowman looked to turn the debate on to what he said were failures by the Department of Health and Social Care (DHSC) during its PPE procurement.

"Michelle and I are being hung out to dry to distract attention from Government incompetence in how it handled PPE procurement at time of national emergency," Mr Barowman said.

"Medpro supplied the Govt with 1.5% of PPE spend (£202 million) against a total of £13.1 billion and yet the media or Government refuses to focus on the other 98.5% of PPE supplied; much of which was defective or never used and/or supplied in identical circumstances to the Medpro contracts."

He branded it "simply unacceptable" that the UK Covid-19 Inquiry is not scheduled to review pandemic PPE procurement until 2025 - after a general election expected to take place this year.

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Boat & Ship Name Generator (with Tips)

• Updated: August 13, 2023

Our Boat Name Generator combines linguistic data, nautical traditions, and your personal preferences to generate the ideal name for your boat.

Whether you’re looking for something classic, witty, or funny, our generator is here to inspire you.

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Why is the Boat Name Important?

A boat’s name is more than just a label. It often carries personal significance, reflecting the owner’s passions, memories, or hopes for their adventures.

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With our Boat Name Generator, finding the perfect name for your boat has never been easier. We hope this tool helps you quickly identify a name that feels just right.

Happy boating!

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