Manx-based Michelle Mone and her husband Doug Barrowman have had £75 million in assets restricted by the UK's Crown Prosecution Service.
The couple say they didn't oppose the court order application, which will affect their homes in London, Scotland and the Isle of Man as well as 15 bank accounts.
It comes as investigators probe allegations about a firm which supplied equipment to the UK government during the pandemic through a VIP priority lane.
Baroness Mone had initially denied any link to PPE Medpro but later admitted she'd lied to the media.
Space to bring 90's vibes to the 'Neighbourhood'
Noble’s Private Patients’ Unit reopening later this year for some procedures
Ballasalla roundabout could be completed next year
Two more schemes backed by government fund
Island to get Bikesafe scheme for first time
Jurby Junk's Stella dies aged 90
No plans to publish UK's assisted dying letters
Burst water main disrupts Onchan supply
