Ex-Barclays CEO John Varley just got cleared of fraud charges related to a financial crisis-era deal
- Former Barclays CEO John Varley was just cleared of fraud charges relating to a 2008 deal with Qatar, according to Reuters.
- Varley, along with other executives, were accused of conspiracy to commit fraud when raising capital during the height of the financial crisis.
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Barclays' former CEO John Varley was acquitted on Friday after judges ruled that there wasn't sufficient evidence to proceed with the trial, Reuters reported.
The case against Varley centred on alleged fraud during capital raisings from Qatar undertaken at the height of the global financial crisis by British lender Barclays in 2008.
More follows.