MONE'S £80M LUXURY SALE
Daily Record|January 03, 2024
PPE pair slash prices on yacht, jet & holiday villa
NICK SOMMERLAD
MONE'S £80M LUXURY SALE

TORY peer Michelle Mone and her billionaire husband Doug Barrowman are having an £80million fire sale of their luxury houses, private jet and superyacht.

It comes as Baroness Mone revealed her bank accounts have been frozen during a two-year NCA police investigation. The couple's PPE Medpro business faces a £133million High Court claim from the Department for Health over gowns rejected by the Government.

The Record can reveal that the couple have slashed the price of some of their prized assets, owned through a string of offshore companies.

As well as the yacht - named Lady there is a £7.5million Cessna Citation CJ4 private jet and a £41million six-bedroom villa on the Caribbean holiday island of St Barts.

Barrowman's spokesman attacked the "media's ridiculous obsession with every tiny detail of Michelle and Doug's personal life".

The Cessna, which was bought new in early 2021, has been listed for sale by a US plane broker. It is registered to an Isle of Man-based company called Cabbane Limited, which listed Anthony Page as a director.

This story is from the January 03, 2024 edition of Daily Record.

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This story is from the January 03, 2024 edition of Daily Record.

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