Michelle Mone stays investigated whether she ‘sought to profit’ on her membership of the House of Lords.
The Tory peer is allegedly associated with PPE Medpro, a company that tapped £ 200 million into public PPE contracts.
These were value £ 203 million in total.
Lingerie magnate Mone refuses to be associated with the company.
But the 50-year-old recommended them as a potential supplier to the Cabinet Office in May 2020.
The House of Lords Commissioners for Standards announced a formal inquiry Monday night
The former Ultimo bra boss will be investigated by the investigation, which aims to determine if she has broken seven parts of the House of Lords Code of Conduct.
Baroness Mone said in a statement: “I completely reject these allegations.
“I was asked to help at a time of national emergency. I declared all necessary interests and have done nothing wrong.
“I will cooperate fully in any investigation.”
The sections of the Code of Conduct under which Baroness Mone is being investigated are:
- That peers must abide by the code;
- That peers “should always act on their personal honor in the performance of their parliamentary duties and activities”;
- That peers “must never accept or accept accepting any financial incentive as an incentive or reward for exercising parliamentary influence”;
- That peers “may not seek to take advantage of membership of Parliament by accepting or accepting payment or other incentives or rewards in return for providing parliamentary advice or services”;
- That peers must register all relevant interests;
- That they should declare interests when talking about relevant matters in the Lords;
- That they may not seek to “give exclusive benefit” to external persons or companies in which they have a financial interest.
Leaked files this month seemed to suggest that the Conservative baroness and her husband, Douglas Barrowman, were involved in the PPE Medpro.
However, her lawyers said that she “was not affiliated with PPE Medpro in any way”, had no “affiliation” with PPE Medpro and “never had any role or function in PPE Medpro, nor in the process by which contracts were awarded. “to the company, according to the Guardian.
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