Barclays faces further charge of fraud

Barclays has been charged with a further count of fraud over its £11.8billion fundraising at the height of the financial crisis, putting its licences in several countries at risk. The Serious Fraud Office charged Barclays Bank Plc over a $3billion loan to Qatari investors as part of a side deal linked to its 2008 emergency cash call. The charge of “unlawful financial assistance” was levelled against parent company Barclays Plc last June.

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