"The Serious Fraud Office has today charged Barclays PLC and four individuals with conspiracy to commit fraud and the provision of unlawful financial assistance" linked to capital raising from Qatar in 2008, the SFO said in a statement, adding that former CEO John Varley was one of those to face court.
"The charges relate to Barclays PLC's capital raising arrangements with Qatar Holding LLC and Challenger Universal Ltd, which took place in June and October 2008," the SFO said.
It added that they relate also to a $3-billion loan facility made available to the State of Qatar acting through the country's Ministry of Economy and Finance in November 2008.
The defendants will appear before London's Westminster Magistrates' Court on July 3, the statement added.
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