MICHELLE Mone and her husband have had ￡75million of assets frozen or restrained after a court order.
The couple face a National Crime Agency investigation into alleged fraud, with assets seized including a six-bedroom London townhouse, Isle of Man country estate and 15 bank accounts.
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Michelle Mone and husband Doug Barrowman have had ￡75 million of their assets frozen Credit: Getty
The CPS applied for the order on the Tory peer and Douglas Barrowman, her financier husband, under the Proceeds of Crime Act, the Financial Times reported.
The bra tycoon has admitted that she stood to benefit by about ￡60million from profits on personal protective equipment sold to the Government during Covid by a firm led by him.
Assets can be held for potential confiscation in case of a conviction.
The allegations include conspiracy to defraud and bribery, which they deny.
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Last month Michelle faced calls to be expelled from the House of Lords after she admitted lying about the huge profits she could rake in from a controversial Covid contract.
In an interview with the BBC, the couple apologised for denying their role in the deal but insisted they have "no case to answer".
The company, PPE Medpro, is currently being investigated by the National Crime Agency (NCA), while the Department of Health and Social Care (DHSC) has since issued breach of contract proceedings over a 2020 deal on the supply of gowns.
Baroness Mone, 52, who was appointed to the Lords by David Cameron in 2015, is taking a leave of absence from the House of Lords but also faced calls to be booted out of the Upper Chamber.
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After Minister Lord Callanan told Sky News he expects Mone not to return to the House of Lords, Labour MP Sir Chris Bryant hit out on social media: "Wrong. She should never have been put there in the first place. And now she should be expelled."