The bank said: "We believe the claim against Barclays is misconceived and without merit and Barclays will be vigorously defending it." A lawyer for the Qatari investors declined to comment, as did Ms Staveley. A lawyer for Mr Jenkins did not immediately respond to requests for comment. The lawsuit maintains that had Ms Stavely known about the extra payments, she would not have ceded half of PCP's £3 billion in warrants to the Qataris, as requested by Mr Jenkins. At the time of the deal Ms Stavely, along with Qatari and Abu Dhabi investors, put £7.3 billion into Barclays. Ms Staveley was eventually paid £30 million for her work on the deal. Financial Times
Barclays is being accused of paying Qatari investors a total of £ 346 m in secret and dishonestly characterising payments to secure the investors ' participation in the bank 's 2008 emergency fundraising , according to a £ 1bn lawsuit . Amanda Staveley 's PCP , which acted on behalf of a senior Abu Dhabi royal during the Barclays £ 7.3bn cash call , has alleged in court documents that Barclays made the payments after the Qataris saw the value of an earlier investment in the bank plummet as the financial crisis took off ; PCP is seeking £ 720 m in cash plus interest and costs . This lawsuit reveals the frantic last - minute arrangements in the lead up to the October 2008 deal , which allowed the bank to stay out of the control of the Qatar Government .