Dodgy Fee For Qatari PM Concerned Barclays Exec, Jury Hears
Law360, London (March 6, 2019, 12:18 AM GMT) -- A former Barclays executive on trial for fraud was concerned about advisory service agreements the bank used to pay Qatari investors additional fees in its efforts to raise billions of pounds during the financial crisis, a London jury heard Tuesday.
Serious Fraud Office prosecutors played recordings and read extracts of a 2014 interview with Richard Boath, the ex-head of Barclays PLC’s European financial institutions unit, to the Southwark Crown Court jury hearing the anti-fraud agency's landmark case over Barclays' crisis-era emergency cash call.
Boath is one of four former Barclays executives fighting charges that the bank used sham advisory agreements worth hundreds...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!
Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.