The UK's National Crime Agency says it's arrested a 46 year old man in an investigation into a company linked to Island residents Doug Barrowman and Michelle Mone.
The man, from North London, was arrested this morning on suspicion of conspiracy to commit fraud and of attempting to pervert the course of justice.
The NCA has been investigating PPE Medpro which won government contracts worth £200 million during the pandemic.
52 year old Baroness Mone and 59 year old Mr Barrowman deny any wrongdoing.
Ramsey harbour keeper completes 3,000-Mile Atlantic crossing
Higher ground could see overnight snow
Investigators say fatal Manx ship sinking 'avoidable'
Family's appeal to bring brain-injured dad home
Island animal charity appeals for help after relentless bad weather
Further appeal for witnesses following incident in Ramsey
Speed restrictions planned for the coast road next week
Hundreds paid by cheque after MiCard scheme scrapped