Published: Mon, July 17, 2017
Global News | By Stacy Ballard

Barclays and former senior executives trial date set for January 2019

Barclays and former senior executives trial date set for January 2019

Varley is charged along with Roger Jenkins, Tom Kalaris and Richard Boath over the way the bank raised billions of pounds from Qatar in 2008.

Four former Barclays Plc executives will stand trial in January 2019 on allegations they conspired to commit fraud over the bank's 2008 fundraising with Qatar, a London judge said.

The deal - which allowed the bank to avoid taking a taxpayer bailout - was the subject of a five-year investigation by the Serious Fraud Office.

Gard spokesperson: Baby Charlie is effectively 'a prisoner of the state'
But the couple say there is new evidence and want Mr Justice Francis to carry out a fresh analysis of their case. Doctors at Great Ormond Street Hospital argue that a new treatment won't help and could make the child suffer.


The defendants face a charge of conspiracy to commit fraud by false representation.

Barclays, Varley and Jenkins also face a charge relating to fundraising in October 2008, while they have also been charged with providing unlawful financial assistance.

Boath, of Henley-On-Thames, Oxfordshire, Jenkins, of Malibu, California, Kalaris, of Thurloe Square, Kensington, west London, and Varley, of Pembridge Villas, Notting Hill, west London, appeared at Southwark Crown Court on Monday. Kalaris and Boath have been charged with a single count of conspiracy to commit fraud by false representation during a June 2008 capital raising. It followed that up in October of the same year with a fresh £7bn capital raising.

Joe Biden brings book tour to Michigan Theater
Biden's book centers on 2015, when his son Beau died and he decided not to run for president even though he believed he could win. Beau reportedly told his father: 'Promise me, Dad .


Varley was chief executive of Barclays until the end of 2010.

In a court hearing in London today, Judge Andrew Edis set the date of the trial for the case, which marks the first criminal charges to be brought in the United Kingdom against a bank for activities during the credit crunch.

Jenkins, who left the bank in 2009, was investment banking chief.

HS2 routes confirmed to Manchester and Leeds
Despite the positive share price reaction on Monday, its stock remains more than 60% down on where it was trading early last week. Contracts for the two stages of Phase One are worth an estimated £6.6bn and are expected to directly support 16,000 jobs.


Boath is the former head of the bank's European financial institutions group.

Like this: