Qatar charges against Barclays dismissed

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The Crown Court has dismissed charges against Barclays Bank and its owner, Barclays PLC through thousands of millions of pounds raised from Qatar in the year 2008.

The charges were potentially very serious for Barclays as if he had been found guilty, could have lost its banking license.

Barclays said the Serious Fraud Office was likely to try to reset the charges to apply to the High Court.

Four former Barclays bankers still face charges related to the Qatari investment.