John Varley denies involvement in talks that are now at heart of criminal trial

Barclays’ former chief executive has defended a 2008 Qatari investment as key to the bank’s global ambitions, but distanced himself from negotiations that led to a complex agreement that is now at the heart of a criminal trial.

A jury at Southwark crown court was read statements from three of the four defendants facing charges, including the former chief executive, John Varley. The statements were originally issued to Serious Fraud Office investigators in 2014.

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