Michelle Mone has reportedly agreed to settle a legal claim brought by a financial consultant who accused her of calling him a "waste of a man's white skin". The Tory peer, originally from Glasgow, was said to have sent the message to Richard Lynton-Jones in a row on WhatsApp in 2019.
The businesswoman denied she was racist - but Lynton-Jones filed a ten-page claim in the High Court in London seeking unlimited damages for the "distress" caused.
Mone has now agreed to pay more than £50,000 to settle the claim, according to the Mail on Sunday.
In a joint statement, Mone and Lynton-Jones, said: "Both parties have settled their differences on a no fault or damages basis in relation to the alleged racist claim and the matter is now concluded."
The row began in 2019 after a yacht belonging to Mone's friend crashed into a boat near Monaco. Lynton-Jones, who was a guest on the other boat, told the peer in a WhatsApp exchange that his partner had been traumatised.
In Mone's alleged reply, she is said to have written: "Your a low life, a waste of a mans white skin so don't give us your lies. Your a total disgrace."
A complaint of "racially aggravated communication" was made to the Metropolitan Police in June 2021. The investigation was later dropped and Mone was told no action would be taken.
In a previous statement, Mone said she "is 100% not a racist". It added: "Baroness Mone and her husband have built over 15 schools in Africa in the past three years."
She was appointed to the House of Lords in 2015 by then prime minister David Cameron.
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