U.K.'s Serious Fraud Office Charges Barclays Bank Over Qatar Loan
February 12 2018 - 2:53AM
Dow Jones News
By Carlo Martuscelli
The U.K.'s Serious Fraud Office has brought charges against
Barclays Bank PLC over a $3 billion loan provided to Qatar,
Barclays PLC (BARC.LN) said on Monday.
Barclays Bank has been charged with the same offence as its
parent company was charged with on June 20, 2017. These include a
charge of unlawful financial assistance relating to the $3 billion
loan to Qatar in November 2008.
Barclays and its subsidiary said that they intend to defend
themselves against the charges.
Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com
(END) Dow Jones Newswires
February 12, 2018 02:38 ET (07:38 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
Barclays (NYSE:BCS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Barclays (NYSE:BCS)
Historical Stock Chart
From Apr 2023 to Apr 2024
