Qatari bail out deal was ‘f—–g horrible’

A former Barclays chief accused of funnelling millions of pounds to Qatari investors in return for emergency funding at the height of the financial crisis described the deal as ‘f**king horrible.’ Ex-Barclays Capital boss Richard Boath, 60, is accused alongside former chief exec John Varley, 62, and colleagues Roger Jenkins, 63, and Tom Kalaris, 63, of fraudulently covering up a deal worth billions of pounds. The bankers raised £11.8bn in emergency fundraising from Qatar in 2008 by making secret payments…

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