Cleared former Barclays head to give evidence in London #Qatar trial - The National

Cleared former Barclays head to give evidence in London Qatar trial - The National:

Barclays Bank’s former chief executive is set to give evidence in a £1.6 billion (Dh7.15bn) legal battle over “secret” payments to Qatar – a year after he was cleared of any criminal wrongdoing connected to the 2008 deal.

John Varley, who led Barclays from 2004 to 2010, is due to appear as a witness on behalf of the bank in a legal claim brought by financier Amanda Staveley.

Ms Staveley’s PCP Capital Partners says the bank lied to other Gulf investors about larger commission payments to Qatar for investments during the 2008 financial crisis that staved off a government takeover.

Barclays is defending the claim, saying Qatar was not given secret commissions but was paid extra for providing introductions and other business services.