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UK Fraud Office charges Barclays over Qatar fund-raising
Britain's Serious Fraud Office has charged Barclays Plc and four former executives with conspiracy to commit fraud when they sought investment from Qatar in 2008. Barclays, Varley and Jenkins were charged with another count in regard to a second capital raising in October 2008. Barclays turned to Qatar to bolster its finances and avoid a government bailout at the height of the financial crisis. Barclays responded that it awaits further details of the charges from the SFO.
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