Bent as a Nine Bob Note
Posted on August 6, 2020
Right, here we go then. Ayanda Capital were handed, without tender, £252 million of taxpayer’s money to supply face masks.
The deal was done by Andrew Mills, an adviser to Trade Secretary Liz Truss and the Board of Trade. Coincidentally, he is also a senior board adviser at Ayanda.
PPE Offshore Investment Specialists
It gets better. Around 50 million of the Chinese masks supplied by Ayanda Capital had ear straps rather than head straps and are no good to the NHS. How could a company that is an expert in the purchase of healthcare PPE make such an error?
Well, just maybe, it is because Ayanda are not specialists in the supply of PPE. Its website boasts that Ayanda are an offshore investment banker. They probably didn’t know what PPE was until they saw they could make money out of it. This is what their website says.
‘We are a London-based family office focused on a broad investment strategy. We specialise in currency trading, offshore property, private equity and trade financing.’
Documents also claim that Ayanda is owned via an entity in Mauritius. I don’t really understand what that means but I do know Mauritius is an offshore Tax Haven. So, there is every chance that the company who won the contract without tender, won’t even pay UK Tax.
Pest Control and Confectionery PPE Specialists
The review of the government’s purchase of PPE has been bought by The Good Law Practice, notably a lawyer, named Jo Maugham QC. It is also alleged that other PPE orders were given to a pest control company and a confectioner. I am not sure of the tender process, but Maugham says they caused “real alarm”.
As I read it, Ayalan are claiming that the masks are perfectly fit for use, but it has been confirmed they are not going to be used by the NHS or care staff. Call me Mr Picky, but I assume they are not fit for use. Even if they were, what on earth is going on when an adviser to Trade Secretary, Liz Truss, is brokering a deal for PPE to go to an offshore investment company where he is a senior board advisor?
whatever your political persuasion, if you haven’t worked out that this government is bent as a nine bob note by now, you need to give your head a serious wobble.
If you don’t believe it…here it is in the loony leftie conspiracy theorist newspaper, The Daily Mail… https://www.dailymail.co.uk/news/article-8599473/Ministers-wasted-150million-buying-face-masks-dont-work-investment-firm.html