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Browse: Home / 2018 / May / 29 / Barclays fraud charge setback a ‘punch in the gut’ for Serious Fraud Office

Barclays fraud charge setback a ‘punch in the gut’ for Serious Fraud Office

By Securities Docket on May 29, 2018, 7:20 am

The Serious Fraud Office (SFO) is under fire over its handling of a five-year investigation into Barclays, after fraud charges against the lender were thrown out last week.

Southwark Crown Court dismissed all charges against Barclays over an £11.8bn emergency cash call backed by Qatar at the height of the financial crisis, allowing the bank to avoid a state bail-out, unlike rivals RBS and Lloyds.

via Barclays fraud charge setback a ‘punch in the gut’ for Serious Fraud Office.

Posted in Global, Top | Tagged SFO, UK

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