65: Profits Of Doom
Page 94: The Private Eye Podcast
Page 94: The Private Eye Podcast
4.7 • 2K Ratings
🗓️ 13 October 2021
⏱️ 39 minutes
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| 0:00.0 | Page 94, the Private Eye podcast. |
| 0:03.0 | Hello and welcome to another episode of Page 94. |
| 0:05.7 | My name is Andrew Hunter Murray and this week we are looking at the big winners of COVID. |
| 0:10.9 | I am going to be speaking to Richard Brooks who's been writing the profits of doom |
| 0:16.0 | pieces in the magazine over the last several issues all about the companies whose profits have |
| 0:20.7 | suddenly mushroomed extraordinarily over the last 18 months due to one calls principally |
| 0:26.2 | and that is sloppiness in working out how you're actually going to pay the people |
| 0:30.0 | and desperation from the government who needed to throw money at something very quickly |
| 0:33.9 | in order to secure tests and PPE. |
| 0:36.3 | He's going to be taking us through exactly how that procurement process has been done and bungled |
| 0:40.6 | and later on we will also be speaking to Solomon Hughes who is going to be at the other end of |
| 0:45.3 | the COVID supply chain. Solomon has been writing about the MUC fraud. MUC stands for Mini Umbrella |
| 0:52.0 | Companies. It's a fascinating way that firms have been manipulating official and proper |
| 0:57.2 | loopholes in order to make a bit of money on the side and it's the workers themselves at these |
| 1:02.0 | firms who spotted it and got in touch with the eye about it. But first, profits of doom. |
| 1:08.0 | Richard Brooks has been writing about a lot of the companies which have been making enormous |
| 1:12.6 | amounts of money over the last 18 months whether that through PPE providing test and tray services, |
| 1:18.3 | various other things associated with COVID-19 and these companies have seen their profits rise |
| 1:24.0 | enormously exponentially in some cases which has led to a lot of questions about whether the money, |
| 1:29.2 | almost all of which has come obviously from the government has been spent in a reasonable |
| 1:33.7 | or a cost effective way. I started off by asking Richard what made him look at this in the first |
| 1:38.2 | place. Here he is. When companies that have been winning all these PPE contracts started |
... |
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