Jan 24, 2019

'None of us wants to go to jail… the food sucks and the sex is worse'

AFP Barclays executives discussed the risk of going to jail in connection with a plan to raise emergency funds from the Gulf state of Qatar, a court has heard. "None of us wants to go to jail here," Mr Kalaris told Mr Boath. Mr Kalaris said: "Yeah. No the food sucks and the sex is worse, so." In the conversation, Tom Kalaris discusses a mechanism to allow the Qatari investors to be paid more in fees than other investors who between them were about to invest £4.4bn into Barclays. In a conversation at 15:51 on 11 June, Mr Kalaris said he had agreed that mechanism approval with Roger Jenkins, executive chairman at Barclays Capital, and had it cleared by Barclays Capital chief executive Bob Diamond, finance director Chris Lucas and compliance director Steve Morse.

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