• General Safety

  The conservative government and the PPE “contracts to cronies” stinks of fraud

  Posted by Unknown Member on 20 November 2020 at 2:27 pm

  A multi-million pound personal protective equipment (PPE) contract awarded by the UK government to a family-run investments firm has set off alarm bells.

  Recipients for similar contracts include a recruitment agency, a sweets manufacturer, and a business that specialises in pest control products. A Labour MP has raised questions about one of these contracts. And litigation against the government has commenced.

  Ayanda Capital

  Ayanda Capital Ltd (ACL), an investments firm that specialises in “currency trading, offshore property, and private equity and trade financing”, was awarded a contract by the UK government worth £252.5m to supply face masks. Yet their “business lines” suggest no history that this “London-based family office” produces or provides PPE. Although in its very prominent policy statement on modern slavery Ayanda does refers to supplies, but only in a general sense.

  Ayanda is run by former Kleinwort Benson director Tim Horlick. It’s owned by the Horlick family via Milo Investments, a holding company registered in Mauritius. Ayanda senior board adviser Andrew Mills is also an adviser to the government’s board of trade (which is chaired by international trade secretary Liz Truss).

  Horlick’s brother Richard is the non-executive director of BH Macro Ltd, an investment company registered in Guernsey. He’s also director of CCLA Fund Managers Ltd and chairman of CCLA Investment Management.

  CCLA Investment Management is under significant control by the CBF Church of England Investment Fund and the COIF Charities Investment Fund. As with many funds suffering the effects of the coronavirus pandemic, the CBF Church of England Investment Fund lost considerable ground in March 2020 but made a quick recovery in April. It was a similar story for the COIF Charities Investment Fund.

  Johnson the globalist has the stench of fraud against the British taxpayers hanging around him like a sewage worker emerging from a drain.

  Unknown Member replied 4 years, 8 months ago 1 Member · 0 Replies
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