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Home News

Businessman who made £13m from largely unused PPE celebrates birthday with ‘briefcase of cash’ cake

And if you think that's bad, his daughter's response to the story will make you sick to your stomach.

Jack Peat by Jack Peat
2022-12-04 16:57
in News
Credit;PA

Credit;PA

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A businessman who paid himself a £13 million dividend from profits of a government PPE contract celebrated his birthday last week by eating a “briefcase of cash” cake on a private yacht, according to a Sunday Times investigation.

Philip Johnson, Ramfoam’s owner, and his wife, Linda, have been enjoying the high life since they bagged a £70 million contract during the Covid-19 pandemic.

But according to reports, 70 per cent of the protective equipment they supplied was unused.

The company was also able to service the new orders without taking on any additional employees to cope with the work.

Meanwhile, up to September 2021, the Directors’ remuneration went up from £37,044 to £4,872,551.

Responding to today’s story, Anya Johnson posted an image boarding what appears to be a private jet with the caption: “Living up to what the paper said”.

Read the full thread below:

In response to our story, a member of Johnson’s family posts an image boarding what appears to be a private jet. “Living up to what the paper said.” Plus the emoji: 🤭.

Their firm made 21,700% increase on pre-pandemic profits after winning £149m contract for mostly unused PPE. https://t.co/Z6fE4ajfFi pic.twitter.com/WrrootWcck

— Gabriel Pogrund (@Gabriel_Pogrund) December 4, 2022

Related: 24 Hours In Police Custody: £165k raised for ‘wronged’ Adam White

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