Reuters
Former Barclays CEO John Varley.
- 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.
- Visit Business Insider's homepage for more stories.
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.