Daily Archives: October 14, 2011

Jim Pickard

Here is the statement earlier from an unhappy Jon Moulton, the venture capitalist, who says he won’t get involved in this kind of thing again:

Before the last election I had made several, on the record, donations to support Dr Fox following a request to do so from a Conservative Party fundraiser. After the election I was asked by Dr Fox to provide funds to a non-profit group called Pargav involved in security policy analysis and research and after obtaining written assurances as to its activities I provided personal funding to Pargav. Neither I, nor any of my associates, have sought or received a benefit of any form from Pargav. I have not received an
account of Pargav’s activities, nor have I been involved at all with Pargav, since funding. I will not be doing this again.

Jim Pickard

The only surprise about Liam Fox’s resignation is that it took so long to occur given that he must have had some idea of how Adam Werritty, his adviser, was being funded. Payments took place from a handful of business groups – including a billionaire who funds a pro-Israel lobbying group.

One of the donors told us today that he had been asked by Fox himself to fund the company, Pargav, which provided flights and hotels for Werritty. Another said he was unhappy to have found out how the money had been spent, given that he was told it would go towards a “security policy analysis research organisation“. 

Kiran Stacey

Here is what Liam Fox wrote to David Cameron:

Dear David

As you know, I have always placed a great deal of importance on accountability and responsibility. As I said in the House of Commons on Monday, I mistakenly allowed the distinction between my personal interest and my Government activities to become blurred. The consequences of this have become clearer in recent days. I am very sorry for this.

 

Kiran Stacey

One of the many mysteries surrounding the Liam Fox/Adam Werritty controversy is what exactly Sir Gus O’Donnell, the cabinet secretary is supposed to be investigating.

Sir Gus took over the internal investigation into the relationship between the two men and their links with defence contractors earlier this week, but as yet, no terms of reference have been published.

Number 10 has told us repeatedly, “All unanswered questions will be answered.”