Former Barclays (BARC.L), opens new tab CEO John Varley has been ordered by a London tribunal to give evidence at the British bank’s appeal against a 50-million pound ($65-million) fine over its 2008 fundraising with Qatar.
In a decision published on Wednesday, Upper Tribunal judges Rupert Jones and Jonathan Cannan dismissed arguments that it would be unfair or oppressive to force the retired executive to re-visit events of 16 years ago when a three-week appeal kicks off on Nov. 25.
Source: REUTER
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