Barclays’s Jenkins Says Bank Didn’t Try to Hide Qatari Fees
- Roger Jenkins testifies for third day at London fraud trial
- Prosecutors accuse Jenkins and colleagues of hiding fees
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When Qatari officials demanded higher fees in exchange for saving Barclays Plc during the 2008 financial crisis, investment banking head Bob Diamond led the resistance, former bank executive Roger Jenkins said.
Jenkins is in court with ex-colleagues Tom Kalaris and Richard Boath, charged with disguising payments made to Qatar for a 4 billion-pound ($5 billion) capital injection as advisory service agreements. The men deny the charges.