The U.K. Serious Fraud Office Charges Former Executives At A Big British Bank


The U.K. Serious Fraud Office Charges Former Executives At A Big British Bank Four former executives of Barclays were charged in a Qatar fundraising probe The probe was linked to the bank‘s capital raising during the global financial crisis One of the individuals charged was former CEO John Varley The charges include conspiracy to commit fraud and unlawful financial assistance The charges relate to Barclays plc's capital raising arrangements with Qatar Holding LLC and Challenger Universal Ltd & a $3 billion loan facility made available to the State of Qatar acting through the Ministry of Economy and Finance – Serious Fraud Office