⚖Further SFO charges in Barclays Qatar capital raising case.
12 February, 2018 | News Releases
The Serious Fraud Office has today charged Barclays Bank Plc with unlawful financial assistance contrary to s151(1) and (3) of the Companies Act 1985.
The charges relate to financial assistance Barclays Bank Plc gave to Qatar Holding LLC between 1 October and 30 November 2008, which was in the form of a US$3 billion loan for the purpose of directly or indirectly acquiring shares in Barclays Plc.
This follows charges brought against the holding company, Barclays Plc, and four individuals in June 2017.
Serious Fraud Office
https://www.sfo.gov.uk/2018/02/12/further-sfo-charges-in-barclays-qatar-capital-raising-case/
U.K. SFO Hits Barclays with Another Charge Over 2008 Fundraise | SWFI – Sovereign Wealth Fund Institute
https://www.swfinstitute.org/swf-news/u-k-sfo-hits-barclays-with-another-charge-over-2008-fundraise/