The Guardian
Simon Goodley, 29 August 2012Barclays faces criminal investigation into payments made to Qatar Holding after bank sought emergency funding in 2008
Barclays is under investigation by the Serious Fraud Office over payments made to Qatar Holding in 2008. Photograph: David Sillitoe for the GuardianThe Serious Fraud Office has launched an investigation into payments made after Barclays tapped Middle Eastern investors for emergency funds in 2008.
The inquiry – which relates to the disclosure of fees paid to the sovereign investor Qatar Holding – represents the latest blow to the bank, which has just lost its chief executive Bob Diamond and chairman Marcus Agius after being fined £290m by US and UK regulators for its role in the Libor fixing scandal.
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