John Varley

Three former top Barclays executives cleared of fraud associated with fees, such as The Bank , the billion from Qatar increased in the financial Crisis .

The Serious Fraud Office (SFO) had alleged that The Bank had given survive Qatar secret fees that helped, without a UK government bailout in 2008.

Roger Jenkins , Tom Kalaris, and Richard Eid were Not Guilty on all counts by The Jury under six hours.

the Former Barclays chief executive John Varley was acquitted in June.

The acquittal of the three men is a blow for the SFO, and a draws a line under an ambitious, seven-and-a-half-year investigation, led to The First criminal charges in the UK against the senior lenders with a major bank over credit Crisis -era conduct.

The three former senior bankers were accused of committing the of the SFO, to deny fraud in the midst of The Crisis fees that you have spent More Than a year On Trial .

In 2008, Barclays, like other banks, was running dangerously low on cash.

Roger Jenkins , Tom Kalaris, and Richard Eid, all the managers, but not top bosses of Barclays at the time, helped to arrange a £12bn Investment by sovereign wealth funds, including The Gulf state of Qatar.

But the Qataris demanded More Than double the fees of other investors.

The SFO said The Bank decided to hide dress up your extra fees-£322 m in Total , - by what he has said, alleged agreements for the advisory services.

The Defendants said that the agreements were genuine and were approved at The Top of The Bank and taking-off of their lawyers.

Source of news: bbc.com