Article 4SRQ7 Fraud charges against ex-Barclays executive are lunacy, trial told

Fraud charges against ex-Barclays executive are lunacy, trial told

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Reuters
from World news | The Guardian on (#4SRQ7)

Roger Jenkins would have risked losing 50m if he had sought any criminal deal, lawyer says

A former Barclays executive who is on trial in London on fraud charges would have risked losing a 50m "good leaver" package if he had sought a criminal deal with Qatar during the credit crisis, a court has heard.

It would have been "lunacy" for Roger Jenkins to put at risk such accrued benefits and a job that had paid him 38m in 2007 alone, his lawyer said at the Old Bailey.

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