Ex-Barclays Execs Accused Of Duping Shareholders At Trial

Law360, London (January 23, 2019, 4:33 PM GMT) -- Four former Barclays PLC directors deceived the bank’s shareholders by failing to declare additional fees they paid Qatari investors at the height of the financial crisis and by using other agreements as a “smokescreen” to cover their tracks, prosecutors told a London jury on Wednesday.

Former Barclays chief executive John Varley, pictured center at an earlier hearing, is on trial alongside three other ex-execs on charges of conspiracy to commit fraud by false representation. (AP) The Serious Fraud Office has opened its case at Southwark Crown Court against John Varley, former chief executive at the lender, and three other former senior...

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