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Barclays’ ex-CEO charged over Qatar funding
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Barclays’ ex-CEO charged over Qatar funding

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Image result for Barclays ex-CEO charged for defrauding investorsA former Chief Executive Officer of Barclays Bank of London, John Varley and four others have been charged for defrauding investors in oil rich Qatar.

The top bankers are accused of raising funds from Qatari investors in illegal manner.

The illegal fund raising occurred during the 2008 global financial meltdown.

Barclays bank is believed to have used the funds to hedge its position during the 2008 global financial meltdown.

The bankers will appear in court on July 3.

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