Barclays fined over $3bn loan to Qatar

The UK's Serious Fraud Office (SFO) has charged Barclays Bank over a $3bn (€2.44bn) loan given to the State of Qatar as part of a side deal linked to its emergency fundraising in 2008.

Barclays fined over $3bn loan to Qatar
Mon, 12 Feb, 2018 - 11:01

The UK's Serious Fraud Office (SFO) has charged Barclays Bank over a $3bn (€2.44bn) loan given to the State of Qatar as part of a side deal linked to its emergency fundraising in 2008.

It extends a charge brought against the parent firm for "unlawful financial assistance" last July.

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CourtsHeathrowPlace: QatarPlace: State of QatarPlace: UKPlace: Abu DhabiPlace: SingaporeOrganisation: BarclaysOrganisation: Serious Fraud OfficeOrganisation: SFOOrganisation: Barclays BankOrganisation: Lloyds Banking GroupOrganisation: Royal Bank of ScotlandOrganisation: LloydsOrganisation: RBSOrganisation: Ministry of Economy and Finance
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