Barclays Former CEO Acquitted of Fraud Charges -BBC

Date : 06/21/2019 @ 12:27PM
Source : Dow Jones News
Stock : Barclays Plc (BARC)
Quote : 175.0  -0.24 (-0.14%) @ 4:35PM
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Barclays Former CEO Acquitted of Fraud Charges -BBC

Barclays (LSE:BARC)
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--Barclays PLC (BARC.LN) former Chief Executive John Varley has been acquitted of charges of conspiracy to commit fraud, the BBC reports.

--According to the BBC, the Court of Appeal declined an application made by the Serious Fraud Office to overturn an earlier decision that ther wasn't sufficient evidence against the former CEO.

--The BBC also reports that the Court of Appeal upheld the SFO's application in respect of Roger Jenkins, Tom Kalaris and Richard Boath, all of who will face a retrial.


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(END) Dow Jones Newswires

June 21, 2019 08:12 ET (12:12 GMT)

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