Question of dubious Qatar .. "Suspicious" certificate of an official in the "Barclays"



[ad_1]

With the emergence of more facts and information on the Qatar scandal regarding Barclays Bank, attempts have been made to evade and deny any connection to the suspect country system. With Doha.

Markus Agios, in front of the Southwark Crown Court, said he saw a document detailing the fees approved for the first time by the British bank for Qatari investors, "four years after the approval of these payments", despite the stance important and delicate that he occupied at the time.

"He does not know how the additional 280 million pounds ($ 365 million) was negotiated, nor how that figure was reached in October 2008 at the height of the financial crisis," said the banker.

"Not only did I not see the document, I did not even know about it," he said, pointing out that "the first time that he saw the document, it was in 2012. "

John Farley, former chief executive of Barclays and some of his former colleagues, Roger Jenkins, Tom Calaris and Richard Booth, face charges of fraudulent conspiracy because of false statements in side agreements with Doha.

Qatari investors injected nearly $ 4 billion into Barclays during two finance deals in the height of the 2008 credit crisis, and bank financing allowed the government to avoid bailouts of the government.

Four of Barclays' former managers misled shareholders, the market and other investors by not revealing that Barclays had paid an additional £ 322 million to Qatar through two consulting services contracts dating back more than ten years, according to the Serious Fraud Office in Britain. Years, what the defendants deny.

According to documents submitted to the Court, Farley and Agios jointly obtained the full power to conduct a second round of fundraising after a Barclays Board Finance Committee meeting on October 28, 2008, which included "just and reasonable" fees, according to the documents.

[ad_2]
Source link