Barclays is to hand over much-disputed internal documents relating to its dealings in Qatar to the Serious Fraud Squad (SFO); the bank has until now resisted handing over the documents that concern communications from a fundraising in 2008, citing they contained legal advice protected by attorney-client privilege. Barclays paid the Qatar Investment Authority during its £7 billion fundraising, which allowed the bank to escape a taxpayer bailout. The SFO said it had received an official request for information about Barclays’ handling of Qatar’s 2022 World Cup bid.
Barclays is to hand over much-disputed internal documents relating to its dealings in Qatar to the Serious Fraud Squad (SFO); the bank has until now resisted handing over the documents that concern communications from a fundraising in 2008, citing they contained legal advice protected by attorney-client privilege. The SFO said it had received an official request for information about Barclays’ handling of Qatar’s 2022 World Cup bid.