Ex-Barclays CEO John Varley just got cleared of fraud charges related to a financial crisis-era deal

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Ex-Barclays CEO John Varley just got cleared of fraud charges related to a financial crisis-era deal

Barclays former CEO John Varley

Reuters

Former Barclays CEO John Varley.

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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.

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