Barclays and ex-staff charged with fraud

Barclays charged with fraud in Qatar case

  • 20 June 2017
  • From the section Business

Barclays headquartersImage copyright
Reuters

Barclays PLC and four former executives have been charged with conspiracy to commit fraud and the provision of unlawful financial assistance.

The Serious Fraud Office charges relate to a 2008 capital injection the bank received from Middle East investors.

The fundraising also included a $3bn (£2.3bn) loan facility made available to the State of Qatar.

John Varley, Roger Jenkins, Thomas Kalaris and Richard Boath will face Westminster magistrates on 3 July.