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Jul 3, 2017
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rogerjenkins and john varley face additional charge each. accepting a taxpayer bailout. state—owned funds from qatar invested over £5.3 billion in the bank. it is alleged that barclays lent them £2 billion of that money and paid them £322 million in fees as a sweetener, fees it did not disclose. just a few moments ago, the four defendants from barclays sat stony—faced in the dock here at westminster magistrates' court, as charges were read out to them. these are the first criminal charges ever filed against any senior executives at a bank for their conduct during the financial crisis. in london's tranquil legal enclaves, experts warned of a lengthy battle ahead. it's always difficult to prove that people are dishonest as opposed to simply mistaken, or that they misunderstood. that is what you have got to show, that they were really acting in bad faith, and in relation to people in a professional context, that is often a very difficult thing to establish. the bbc understands all four will contest the charges. all four were released on bail. r
rogerjenkins and john varley face additional charge each. accepting a taxpayer bailout. state—owned funds from qatar invested over £5.3 billion in the bank. it is alleged that barclays lent them £2 billion of that money and paid them £322 million in fees as a sweetener, fees it did not disclose. just a few moments ago, the four defendants from barclays sat stony—faced in the dock here at westminster magistrates' court, as charges were read out to them. these are the first criminal...
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Jul 3, 2017
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four ex—barclays bankers, including former chief executive john varley, have appeared in court chargedd emergency funds from qatar during the 2008 financial crisis. all were bailed to appear again in two weeks' time. a teenager has been jailed for a minimum of 16.5 years for planning a terror attack on the anniversary of the 9/11 attacks on new york. the old bailey heard haroon syed was plotting to bomb an eltonjohn concert in london. two men have been charged after border force officers based in france seized 79 handguns. the weapons had been hidden in engine blocks on a trailer which was about to be taken through the channel tunnel into britain. two men from poland and the czech republic were arrested in connection with the raid. a price cap on energy bills could be extended to many more households on low incomes, under plans being considered by the regulator, 0fgem. labour said the plans represent a u—turn because the conservatives said in the election campaign they would bring in an even wider price cap for 17 million customers. 0ur personal finance correspondent simon gompertz is
four ex—barclays bankers, including former chief executive john varley, have appeared in court chargedd emergency funds from qatar during the 2008 financial crisis. all were bailed to appear again in two weeks' time. a teenager has been jailed for a minimum of 16.5 years for planning a terror attack on the anniversary of the 9/11 attacks on new york. the old bailey heard haroon syed was plotting to bomb an eltonjohn concert in london. two men have been charged after border force officers...
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Jul 3, 2017
07/17
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including the one time chief executive josh for john varley. they're accused of conspiring to commit fraud during the bank's efforts to raise billions in emergency capital from cuts hard. during the financial crisis of two thousand eight. the defendants did not enter into creeks. excluding phone that sparked a global safety scaring cost billions of dollars is being repackaged literally. samsung has confirmed its using parts of the brain called galaxy note seven smart phones in a new model which is labeled the family addition. the south korean electronics giant's it was trying to minimize the environmental impact of the two and a half million handsets that were set back. the new phone features a smaller and safer battery to avoid further problems. cluster on six hundred dollars around two thirds of the original asking price for the note seven. goes on sale on its home turf this friday. put silicon demand there is for a phone that is made up of parts of a previous model that caused such concern if i wasn't wearing that story was henc. okay thanks
including the one time chief executive josh for john varley. they're accused of conspiring to commit fraud during the bank's efforts to raise billions in emergency capital from cuts hard. during the financial crisis of two thousand eight. the defendants did not enter into creeks. excluding phone that sparked a global safety scaring cost billions of dollars is being repackaged literally. samsung has confirmed its using parts of the brain called galaxy note seven smart phones in a new model which...
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Jul 3, 2017
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and barclays plus former ceo john varley and robert jenkins facing two additional charges, one in relation to the capital raise and also one in relation to providing unlawful financial assistance in 2008, they raised money in june and october and between the two, qataris contributed around 6.1 billion pounds and they also arranged two side deals in which they provided funding to the qataris and the question at the heart of the matter is did barclays provide the funds simply so qataris could reinvest back into barclays >> a quick followup here when we talk about these deals, are there any -- i've seen a lot of the reports happening are there any real details out or are we waiting for the charges to really be unsealed and put out in public before we know exactly what happened with regard to what the wrongdoing was? well, we just lost gemma but again, those barclays executives in london facing serious fraud charges. we'll have details coming up as the day progresses >>> and another story we're washing asia, hong kong and china launching the highly anticipated bond trading program, the setup g
and barclays plus former ceo john varley and robert jenkins facing two additional charges, one in relation to the capital raise and also one in relation to providing unlawful financial assistance in 2008, they raised money in june and october and between the two, qataris contributed around 6.1 billion pounds and they also arranged two side deals in which they provided funding to the qataris and the question at the heart of the matter is did barclays provide the funds simply so qataris could...
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Jul 3, 2017
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the bank's former chief executive, john varley, is among the four charged with conspiracy to commit fraudanged, despite calls from several cabinet ministers for it to be relaxed. millions of workers, including nurses, teachers and police officers, have had their pay rises limited to 1% for several years even though the cost of living has risen by more than that. here's our political correspondent, chris mason. has the government been underpaying nurses and teachers, foreign secretary? no response from borisjohnson this morning, but we do know what he thinks. his team told us... mrjohnson is just the latest cabinet minister to say something similar. i think that we should listen to the pay review bodies who govern each individual area of public sector pay. this is obviously something we have to consider not just for the army, but right across the public sector as a whole. we will not make our decision on public sector pay until the pay review body has reported. and we will listen to what they say, and we will listen to what people in this house have said, before making a final decision. so
the bank's former chief executive, john varley, is among the four charged with conspiracy to commit fraudanged, despite calls from several cabinet ministers for it to be relaxed. millions of workers, including nurses, teachers and police officers, have had their pay rises limited to 1% for several years even though the cost of living has risen by more than that. here's our political correspondent, chris mason. has the government been underpaying nurses and teachers, foreign secretary? no...
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Jul 3, 2017
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john varley, the former chief executive, along with roger jenkins, thomas claris and one other, had been it would be forced to be nationalised, the tax payer becoming a shareholder. they did not want that, so they went to abu dhabi and qatar and raised more than £11 billion ace, but the serious fraud office alleges that representations were made that were false. it also alleges that there was an unlawful assistance of that capital raising, with barclays lending money to qatar that was then used to fund the capital raising. all four denied the charges and a magistrate accepted by all for them, with conditions for two of the men because they live abroad. they had to put up £500,000 as security. andy, thank you very much for now. two inquests into the deaths of victims of the grenfell tower fire disaster were opened and adjourned today. ali yawarjafar, aged eighty one, was found outside outside the tower, having been extracted by the london fire brigade. the cause of death was identified as inhalation of fire fumes and hypertensive heart disease. gloria trevisan was found on the twenty thir
john varley, the former chief executive, along with roger jenkins, thomas claris and one other, had been it would be forced to be nationalised, the tax payer becoming a shareholder. they did not want that, so they went to abu dhabi and qatar and raised more than £11 billion ace, but the serious fraud office alleges that representations were made that were false. it also alleges that there was an unlawful assistance of that capital raising, with barclays lending money to qatar that was then...
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Jul 3, 2017
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john varley, the former chief executive, together with three senior directors, has been charged withafraid that it would be nationalised and forced to a cce pt it would be nationalised and forced to accept taxpayer money, and the taxpayer becoming a shareholder, which they didn't want, so they went to qatar and abu dhabi and raised more than £11 billion there. the serious fraud office alleges that in that capital raising, certain representations that were made were false. it also alleges that there was an unlawful assistance of the capital raising, with barclays lending money to qatar which was then used to fund the capital raising. all four deny the charges. the magistrate accepted by all for all four, though there were conditions on the bail of two of the men, because they live abroad, in the united states, and they had to put up £500,000 security. for the first time in nearly a decade, more nurses and midwives are leaving the profession in the uk thanjoining it. the nursing and midwifery council says working conditions, workload and poor pay are among the reasons given by staff fo
john varley, the former chief executive, together with three senior directors, has been charged withafraid that it would be nationalised and forced to a cce pt it would be nationalised and forced to accept taxpayer money, and the taxpayer becoming a shareholder, which they didn't want, so they went to qatar and abu dhabi and raised more than £11 billion there. the serious fraud office alleges that in that capital raising, certain representations that were made were false. it also alleges that...