Thursday 8 August 2019

Ex-Barclays Executives Face New Charges in 2008 #Qatar Fraud Case - Bloomberg

Ex-Barclays Executives Face New Charges in 2008 Qatar Fraud Case - Bloomberg:

U.K. prosecutors added to the fraud indictment of three former Barclays Plc executives who are to go on trial in connection with the bank’s fundraising from Qatar at the height of the 2008 financial crisis.

The Serious Fraud Office included charges of actual fraud to the existing counts of conspiracy to defraud against the men, according to a copy of the indictment released Thursday. Former Middle East head Roger Jenkins now faces four charges, while ex-wealth boss Tom Kalaris and Richard Boath, the former European head of Barclays’s Financial Institutions division, each face two charges.

All three deny wrongdoing. A trial is scheduled for October.

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