Dr Fox quit when he learnt he was to face a torrent of new claims about damaging conflicts of interest between Mr Werritty’s backers and his role as Defence Secretary.
He fell on his sword after the millionaire money men turned on him and deliberately leaked details of how £157,000 was paid to Mr Werritty to let him fly around the world with Dr Fox.
Today the Mail reveals that venture capitalist Jon Moulton agreed to fund Mr Werritty’s globetrotting after he bought a defence company that makes components for aircraft including RAF fighter jets and troop transporters.
In a shattering blow to Dr Fox’s credibility, Mr Moulton, who gave Mr Werritty’s company Pargav £35,000, made the explosive claim last night that Dr Fox solicited his cash.
He said: ‘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.’
Damaging news about the money trail came as Dr Fox learnt that Cabinet Secretary Sir Gus O’Donnell made it clear that he was likely to find the Defence Secretary in serious breach of the ministerial code of conduct. Read More