Barclays has abandoned its protracted fight with the Serious Fraud Office over sensitive documents about its 2008 Middle East fundraising and handed them over for scrutiny. Barclays is to hand over much-disputed internal documents relating to its dealings in Qatar to RBS (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 bank has been under investigation by the SFO since 2008 concerning two emergency cash injections received from its Middle East investors during the financial crisis, which stopped Barclays having to be bailed out by the government, as Lloyds and Lloyds were.
Barclays is to hand over much-disputed internal documents relating to its dealings in Qatar to RBS (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 bank has been under investigation by the SFO since 2008 concerning two emergency cash injections received from its Middle East investors during the financial crisis, which stopped Barclays having to be bailed out by the government, as Lloyds and Lloyds were.