Baroness Mone-linked firm fails to pay 122m over PPE
Briefly

Baroness Mone-linked firm fails to pay 122m over PPE
"A High Court judge ruled some of the company's gowns they supplied were not "sterile". Health and Social Care Secretary Wes Streeting said the government would "pursue PPE Medpro with everything we've got to get these funds back" after the company failed to pay the damages cost by 16:00 BST on Wednesday. PPE Medpro entered administration on 30 September, the day before the court judgement."
""PPE Medpro has failed to meet the deadline to pay - they still owe us over 145 million, with interest now accruing daily." The firm was ordered to pay interest of 23.6m, which means the total sum owed is 145.6m. According to the DHSC, this sum will accrue interest at 8% per year from Thursday until it is fully paid."
"PPE Medpro was awarded a government contract in 2020 to supply PPE after being recommended by Baroness Mone. However, after ordering 25 million sterile gowns from PPE Medpro, the government later launched legal action in 2022 through the High Court, claiming the gowns did not comply with the agreed contract. PPE Medpro argued it had complied with the contract and that the gowns were sterile."
The Department of Health and Social Care won a High Court case against PPE Medpro over claims that supplied gowns failed to meet healthcare standards. A judge ruled some gowns were not sterile. PPE Medpro entered administration on 30 September, the day before the court judgment. The company failed to pay the ordered damages by the deadline and now owes £145.6m including £23.6m interest, with interest accruing at 8% per year. Forvis Mazars, joint administrators, declined to comment. PPE Medpro received a 2020 government contract after a recommendation by Baroness Mone; legal action began in 2022. Cross-party calls seek removal of Baroness Mone's peerage.
Read at www.bbc.com
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