Saturday, 29 February 2020

Barclays bankers acquitted over fraud charges in Qatar deal

Barclays bankers acquitted over fraud charges in Qatar dealThree former Barclays bankers were cleared Friday of fraud over a 4 billion-pound ($5.2 billion) investment deal with Qatar at the height of the global financial crisis in 2008. The three men — Roger Jenkins, Thomas Kalaris and Richard Boath — were acquitted after a five-month trial at London's Old Bailey. The case was brought by Britain's Serious Fraud Office, which had accused the three men of hiding the true nature of the fundraising plan with Qatar from authorities and other shareholders.




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