Jury told to ignore bankers’ bonuses as they decide fate of three ex-Barclays executives accused of fraud
Three Barclays executives on trial at the Old Bailey deny funnelling fees to Qatari investors to secure emergency funding
The jury deciding the fate of three ex-Barclays executives accused of fraud has been instructed to ignore whether they deserved their bonuses following the financial crisis.
After hearing four months of evidence, the Old Bailey jury is considering its verdict on Roger Jenkins, Tom Kalaris and Richard Boath.
The three deny funnelling fees to Qatari investors to secure emergency funding during the financial crisis and avoid a taxpayer bailout.
Judge Andrew Popplewell told the jury: ‘Whether or not you think these defendants, or bankers in general, deserve the bonuses, they get paid for doing the job they were doing: that has no bearing on guilt or innocence.’