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Britain charges Barclays, ex-bosses over 'unlawful' Qatari deal

Reuters  |  LONDON 

By Kirstin Ridley and Lawrence WhiteLONDON (Reuters) - Barclays and four former top executives have been criminally charged over undisclosed payments to Qatari investors during a 12 billion pound ($15 billion) emergency fundraising in 2008.Britain's Serious Fraud Office (SFO) said on Tuesday it was charging Barclays with conspiracy to commit fraud and unlawful financial assistance, making it the first bank to face criminal charges over actions taken during the financial crisis.Barclays said it was considering its position and awaiting further information about the charges, which follow a ...

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First Published: Tue, June 20 2017. 14:02 IST