Barclays Execs Lied To Investors Over Qatar Fees, SFO Says

Law360, London (October 8, 2019, 4:24 PM BST) -- Three former Barclays executives lied to investors about millions of pounds in secret fees paid by the British bank to Qatar as the lender fought to avoid a government bailout during the financial crisis, prosecutors said Tuesday as they opened the landmark fraud retrial.

The U.K.'s Serious Fraud Office has alleged that three former Barclays executives were not truthful about millions of pounds in secret fees paid by the British bank to Qatar as the lender fought to avoid a government bailout during the financial crisis. (AP) Roger Jenkins, 64, Barclays’ former Middle East head, ex-wealth boss Thomas Kalaris, 63, and...

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