The UK’s Serious Fraud Office, which prosecutes financial crime, is seeking to reinstate charges against Barclays over its 2008 crisis-era capital raisings, when it avoided a state bailout by taking £11.8bn from the Qatari sovereign wealth fund.
The SFO first brought fraud charges against Barclays, its former CEO John Varley, and three other executives, in June 2017, and in February brought a fresh charge over a $3bn loan that Barclays made to its Qatari benefactors.
