Workers are seen in at Barclays bank offices in the Canary Wharf financial district in London, Britain, November 17, 2017. REUTERS/Toby Melville
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Former Barclays PLC executive Roger Jenkins negotiated a 25 million pound ($32 million) bonus for securing billions of dollars from Qatar at the height of the 2008 financial crisis, averting a U.K. bailout, a prosecutor said during his fraud trial.The agency is prosecuting Jenkins and two other ex-Barclays executives for having allegedly hidden 322 million pounds in fees the bank paid the Qataris as a sweetener for the deal.In March 2009, Barclays offered to pay Jenkins 25 million pounds in a "special award," Brown said, citing a draft agreement for the payment.Barclays agreed to pay Qatar 280 million pounds for the services, which the bank had valued at $39 million only days earlier, Brown told the jury.
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