Tuesday, 20 June 2017 14:38

Barclays and Qatar – Come on, Seriously?

OK so after almost 10 years some Barclays and some Barclays staff suddenly get charged for alleged dodgy dealings with Qatar? Out of the blue after 10 years – really?

First of all, let us be clear, we don’t know anything about the specifics of this case. We don’t have any views on whether these people are guilty or not. For this reason, we feel it is ok to talk about the case. We are talking about the background only.

People should look at the wider picture here. After almost 10 years of no action, the authorities have suddenly sprung into action and filed charges. But what makes this extremely odd is that within the last few weeks we have watched as Qatar has been turned on by the Saudis and blockaded by the other Gulf States.

Something smells very wrong here. It looks almost like the UK Government has acted in line with the other Gulf states, namely the Saudis and has thrown Qatar to the wolves. Yet it was the Saudis who were involved in a BAE bribery scandal. One which they successfully blocked. Looks like the Qatar chaps don’t carry the same weight.

Are the Serious Fraud Office and Crown Prosecution Service acting at the instructions of the other Gulf States? Or are they still independent?