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Ex-Barclays CEO charged with fraud over Qatar funding

AFP  |  London 

Britain's Serious Office said today it had charged Barclays and four former employees, including a chief executive, with "conspiracy to commit fraud" linked to emergency fundraising from Qatar during the financial crisis.

"The Serious Office has today charged Barclays Plc and four individuals with conspiracy to commit and the provision of unlawful financial assistance" linked to capital raising from Qatar in 2008, the SFO said in a statement, adding that former CEO John Varley was one of those to face

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Ex-Barclays CEO charged with fraud over Qatar funding

Britain's Serious Fraud Office said today it had charged Barclays and four former employees, including a chief executive, with "conspiracy to commit fraud" linked to emergency fundraising from Qatar during the financial crisis. "The Serious Fraud Office has today charged Barclays Plc and four individuals with conspiracy to commit fraud and the provision of unlawful financial assistance" linked to capital raising from Qatar in 2008, the SFO said in a statement, adding that former CEO John Varley was one of those to face court. Britain's Serious Office said today it had charged Barclays and four former employees, including a chief executive, with "conspiracy to commit fraud" linked to emergency fundraising from Qatar during the financial crisis.

"The Serious Office has today charged Barclays Plc and four individuals with conspiracy to commit and the provision of unlawful financial assistance" linked to capital raising from Qatar in 2008, the SFO said in a statement, adding that former CEO John Varley was one of those to face

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Ex-Barclays CEO charged with fraud over Qatar funding

Britain's Serious Office said today it had charged Barclays and four former employees, including a chief executive, with "conspiracy to commit fraud" linked to emergency fundraising from Qatar during the financial crisis.

"The Serious Office has today charged Barclays Plc and four individuals with conspiracy to commit and the provision of unlawful financial assistance" linked to capital raising from Qatar in 2008, the SFO said in a statement, adding that former CEO John Varley was one of those to face

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22