Serious Fraud Office charges Barclays Bank with 'unlawful financial assistance' over crisis-era fundraisings with investors from Qatar

The UK's Serious Fraud Office has issued fresh charges against Barclays over its controversial crisis-era capital injection from Qatari investors.

The SFO said in a statement today that the charges relate to "unlawful financial assistance" that subsidiary Barclays Bank gave to Qatar Holding in October and November 2008 — this assistance came in the form of a $3bn loan for the "purpose of directly or indirectly acquiring shares in Barclays".

Barclays faces new SFO charge over Qatari fundraising

Serious Fraud Office charges Barclays Bank with 'unlawful financial assistance' over $3bn loan

Fareed Sahloul

Barclays

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