Monday, 7 October 2019

Former Barclays bankers face #Qatar fraud retrial at Old Bailey | Financial Times

Former Barclays bankers face Qatar fraud retrial at Old Bailey | Financial Times:

Three former top bankers at Barclays will enter London’s Old Bailey on Monday for the start of their second jury trial over the bank’s arrangements with Qatar at the height of the financial crisis.

Roger Jenkins, Tom Kalaris and Richard Boath are charged with criminal offences following a Serious Fraud Office investigation dating back to 2012 that has cost millions of pounds in special taxpayer funds ringfenced by the Treasury.

All three face charges of conspiracy to commit fraud by false representation, as well as substantive fraud offences. They deny the charges, which carry a maximum 10-year sentence.

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