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Barclays bosses lied about Qatar payments, court told8 Oct 12:01pm

Barclays bosses lied about Qatar payments, court told

The Guardian
Banking executives on trial at Old Bailey for actions during 2008 financial crisis Top executives at Barclays agreed to lie about the payment of hundreds of millions of pounds to Qatar in 2008 in order to secure “vital” investments for the bank and avoid a public bailout that would place it under UK government control, a court has heard. The claims were made in an opening statement by prosecutors for the Serious Fraud Office in the second trial against three former Barclays bosses. It is the only criminal case in Britain brought against banking executives for their actions during the financial crisis.
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