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
Kiran Stacey