Qatari investors who paid billions to help Barclays get through the 2008 financial crisis sought reassurance directly from Gordon Brown, the UK prime minister at the time, that their shares would not be diluted by a government bailout, a court heard.
A statement from John Varley, then Barclays’ chief executive, that was read in court on February 28 revealed further detail about how Qatar came to make a second rescue payment of £6.8bn in October 2008 after its initial investment in June.
