Oct 18, 2019
Barclays board 'approved' controversial Qatar deal
An agreement at the centre of fraud charges against ex-Barclays executives was written by the bank's lawyers and approved by its board, a court heard. William Boyce QC, representing Mr Boath, said the approval of the board and involvement of top lawyers raised questions as to why Mr Boath was being prosecuted. "They, the Barclays lawyers, negotiated its terms with the lawyers for the Qataris. Yet it is Mr Boath who is in the dock. You may find yourselves wondering just why that is." In his opening speech in Mr Boath's defence, Mr Boyce said Mr Boath was a number of levels down the bank's hierarchy and was taking instructions rather than making decisions. "Everyone at Barclays knew that, the lawyers included," Mr Boyce told the jury.
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