{"id":309614,"date":"2024-02-05T18:16:04","date_gmt":"2024-02-06T00:16:04","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=309614"},"modified":"2024-02-06T12:15:26","modified_gmt":"2024-02-06T18:15:26","slug":"baroness-mones-grand-national-favorite-in-202m-ppe-medpro-fraud-storm","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/baroness-mones-grand-national-favorite-in-202m-ppe-medpro-fraud-storm\/","title":{"rendered":"Baroness Mone A Grand National Favorite Despite \u00a3202M Medpro Fraud Allegations"},"content":{"rendered":"

A racehorse owned by the UK\u2019s most controversial couple may be pulled from England\u2019s famous Grand National<\/a> steeplechase despite being one of the favorites for the race.<\/p>\n

\"Michelle
Baroness Michelle Mone, right, with her husband, Doug Barrowman, may be the UK\u2019s most hated couple. But what does that mean for their racehorse, Monbeg Genius, one of the favorites for the Grand National? (Image: BBC News<\/em>)<\/figcaption><\/figure>\n

Monbeg Genius is owned by Baroness Michelle Mone and her husband, Doug Barrowman. It is priced by bookmakers at 20\/1 to win, making it the third favorite.<\/p>\n

But the couple is at the center of a media storm. Mone and Barrowman are currently under investigation by the National Crime Agency, the UK\u2019s version of the FBI, over alleged links to PPE Medpro. That company won government contracts worth \u00a3202 million (US$253 million) to produce PPE equipment during the Covid-19 pandemic.<\/p>\n

PPE Medpro Scandal <\/strong><\/h2>\n

Mone, a Scottish former model who founded the lingerie company Ultimo in 1996, was made a \u201clife peer\u201d in September 2015 for her services to business. This allowed her to sit in the House of Lords, the UK\u2019s upper house, and call herself Baroness Mone of Mayfair.<\/p>\n

PPE Medpro was contracted to supply facemasks and surgical gowns without competitive tenders under COVID-19 emergency rules that waived regular procedures.<\/p>\n

In January 2022, it emerged that Mone used her government position to \u201caggressively\u201d recommend Medpro for the contract five days before the company had been incorporated.<\/strong><\/p>\n

Much of the supplied equipment fell below the required standard, and the UK government has initiated proceedings to recoup \u00a3122 million (US$153 million) from the company.<\/p>\n

Despite the couple\u2019s repeated denials of involvement with PPE Medpro, The Guardian<\/em> reported in November 2022 that an offshore trust received \u00a329 million from the company via a series of transactions. Those involved Barrowman. Mone, and her children as the beneficiaries of the trust.<\/p>\n

In late January, it was reported that \u00a375 million worth (US$94 million) of assets controlled by the couple had been \u201cfrozen or restrained\u201d by a court order obtained by Crown prosecutors.<\/p>\n

Wedding Present <\/strong><\/h2>\n

Meanwhile, the British Horseracing Authority is investigating whether Monbeg Genius is one of those frozen assets. Mone purchased the eight-year-old gelding in November 2020 as a wedding present for her husband.<\/p>\n

The BHA is aware of reports regarding a court order in relation to the assets of Michelle Mone and Doug Barrowman,\u201d<\/strong> a British Horseracing Authority spokesperson said in a statement. \u201cWe are in contact with the relevant individuals to understand what implications, if any, there are for their involvement with racing.\u201d<\/strong><\/p><\/blockquote>\n

Should Monbeg Genius be free to run, as has been suggested by The Daily Mirror<\/em>, it would be bad optics for the BHA.<\/p>\n

The Grand National is a national institution,<\/a> and the only horse racing event with which the general public engages every year. For bookmakers, it\u2019s huge because it captures the \u201cone-bet-a-year\u201d demographic. After all, they see it as a harmless tradition.<\/p>\n

The race comes with a \u00a3500K (US$627K) prize for the winning horse’s owner. Should Monbeg Genius run and come through at 20\/1, he may just be the most unpopular winner in the race\u2019s 185-year history.<\/p>\n","protected":false},"excerpt":{"rendered":"

A racehorse owned by the UK\u2019s most controversial couple may be pulled from England\u2019s famous Grand National steeplechase despite being one of the favorites for the race. Monbeg Genius is owned by Baroness Michelle Mone and her husband, Doug Barrowman. It is priced by bookmakers at 20\/1 to win, making it the third favorite. But […]<\/p>\n","protected":false},"author":36,"featured_media":309615,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21,14577,61],"tags":[89754,82614,85896,89753,89755,89756],"acf":[],"yoast_head":"\nBaroness Mone\u2019s Grand National Favorite in \u00a3202M PPE Medpro Fraud Storm<\/title>\n<meta name=\"description\" content=\"Baroness Michelle Mone and Doug Barrowman\u2019s racehorse Monbeg Genius is tipped for the Grand National, despite PPE Medpro scandal.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/baroness-mones-grand-national-favorite-in-202m-ppe-medpro-fraud-storm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Baroness Mone\u2019s Grand National Favorite in \u00a3202M PPE Medpro Fraud Storm\" \/>\n<meta property=\"og:description\" content=\"Baroness Michelle Mone and Doug Barrowman\u2019s racehorse Monbeg Genius is tipped for the Grand National, despite PPE Medpro scandal.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/baroness-mones-grand-national-favorite-in-202m-ppe-medpro-fraud-storm\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-06T00:16:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-06T18:15:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2024\/02\/Mone.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"976\" \/>\n\t<meta property=\"og:image:height\" content=\"549\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Philip Conneller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@casinoorgphilc\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Philip Conneller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/baroness-mones-grand-national-favorite-in-202m-ppe-medpro-fraud-storm\/\",\"url\":\"https:\/\/www.casino.org\/news\/baroness-mones-grand-national-favorite-in-202m-ppe-medpro-fraud-storm\/\",\"name\":\"Baroness Mone\u2019s Grand National Favorite in \u00a3202M PPE Medpro Fraud Storm\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/baroness-mones-grand-national-favorite-in-202m-ppe-medpro-fraud-storm\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/baroness-mones-grand-national-favorite-in-202m-ppe-medpro-fraud-storm\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2024\/02\/Mone.jpg\",\"datePublished\":\"2024-02-06T00:16:04+00:00\",\"dateModified\":\"2024-02-06T18:15:26+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b\"},\"description\":\"Baroness Michelle Mone and Doug Barrowman\u2019s racehorse Monbeg Genius is tipped for the Grand National, despite PPE Medpro scandal.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/baroness-mones-grand-national-favorite-in-202m-ppe-medpro-fraud-storm\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/baroness-mones-grand-national-favorite-in-202m-ppe-medpro-fraud-storm\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/baroness-mones-grand-national-favorite-in-202m-ppe-medpro-fraud-storm\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2024\/02\/Mone.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2024\/02\/Mone.jpg\",\"width\":976,\"height\":549,\"caption\":\"Baroness Michelle Mone, left, with her husband, Doug Barrowman, may be the UK\u2019s most hated couple. 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