You guys must work in proper cushy jobs if you can't understand why there was some leakage. The government procurement processes are notoriously a pain to deal with, which is why people bang on about how lucrative public sector contracts are if you can secure them.
As someone rightly pointed out, securing billions of items of PPE was required last minute.com, against the word stage, with a supply that could only go far so quickly. Procurement rules were relaxed and some bad eggs got in. It isn't like you can ring around the yellow pages to find a supplier of X million n95 masks, is it. I doubt many Torys, as much as you like to bash the political party as if any other party would do any better, had a list of friends able to mobilise a fraudulent company selling PPE that would pass all the tests at such notice but I don't doubt the chaos presented an opportunity.
At the end of the day, it is just money, and it'll be a rounding error compared to the actual cost of the pandemic.