February 2, 2023

Without going into too much detail, Mone is accused of profiting from winning contracts worth more than £200 million during the pandemic. She took a leave of absence from the House of Lords (roughly equivalent to the Senate in the U.S. except they used to be appointed) as details leaked after the allegations became public.

A campaign group rechristened her yacht 'Lady M' and turned it into 'Pandemic Profiteer.'

Technically, Mone is still a member of the House of Lords, having taken a leave of absence until the Tories can find a way to clear her name or force her resignation. So she's not really a "former" member. Not yet anyway.

Source: The National

TORY peer Michelle Mone’s infamous yacht has been "renamed" the “pandemic profiteer” in a daring political protest.

Campaign group Led By Donkeys said the move came after it found the “Lady M” in a marina just south of Barcelona on the Catalan coast.

According to reports, the yacht was put up for sale for £10.25 million in September last year amid a National Crime Agency investigation into alleged links between Mone and the firm PPE Medpro.

Reports, denied by the Tory peer, have suggested that she may have profited from the firm winning contracts worth more than £200 million to supply equipment after she recommended it to UK ministers.

Mone took a leave of absence from the House of Lords amid media scrutiny of the allegations.

In a video published on social media showing them targeting Mone’s yacht, Led By Donkeys said: “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.

“So here it is. We all paid for this yacht, and that’s why we’ve renamed it.”

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