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The Guardian - UK
The Guardian - UK
World
David Conn and Russell Scott

Boss of US firm given £4bn in UK Covid contracts accused of squandering millions on jets and properties

Charles Huang on his private plane
Charles Huang on his private plane. The Innova founder is contesting the legal claims against him. Photograph: Asian Inspiration

In California, state of sunshine and palm trees, a small group of men are locked in a big legal fight over the money made by a US company selling Covid tests to the British government. The founder of Innova Medical Group says his business collected $2bn (£1.6bn) in profits, one of the largest fortunes banked by any medical supplier during the scramble for lifesaving equipment in the early months of the pandemic.

In a storm of claims and counter-claims, Innova’s boss, Charles Huang, is accused by former associates of “squandering” or moving $1bn of those profits, spending lavishly on luxury aircraft, an $18m house in Los Angeles and “homes for his mistresses”.

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