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Barclays and former CEO John Varley face criminal charges over Qatar capital raise
|06/20/2017||Posted by BusinessMediaguide.Com under General World News||
LONDON — The Serious Fraud Office charged Barclays and four former executives with “conspiracy to commit fraud” and with receiving “unlawful financial assistance” after a probe into a 2008 capital raising funded by Qatari investors.
Former chief executive John Varley was among the four individuals charged.
The other three people charged are:
- Roger Jenkins, the former Middle East investment banking head.
- Former wealth management head Thomas Kalaris.
- Richard Boath, an ex-chief of the bank’s financial institutions group in Europe.
All four executives will appear at Westminster Magistrates court on July 3.