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Three former Barclays bankers charged over Libor manipulation | Three former Barclays bankers charged over Libor manipulation |
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Three former Barclays employees have been charged in connection with alleged Libor manipulation as part of a Serious Fraud Office investigation. | Three former Barclays employees have been charged in connection with alleged Libor manipulation as part of a Serious Fraud Office investigation. |
Peter Charles Johnson, Jonathan James Mathew and Stylianos Contouglas are accused of conspiracy to defraud between 2005 and 2007, the SFO said. | Peter Charles Johnson, Jonathan James Mathew and Stylianos Contouglas are accused of conspiracy to defraud between 2005 and 2007, the SFO said. |
They are due to appear at Westminster Magistrates' Court on a date yet to be announced. | They are due to appear at Westminster Magistrates' Court on a date yet to be announced. |
Barclays paid a $450m (£270m) fine in July 2012 to settle allegations from US and UK regulators that, along with other banks also fined, it had manipulated the inter-bank lending rate set in London. | |
The scandal prompted the resignation of chief executive Bob Diamond, chairman Marcus Agius and chief operating officer Jerry Del Missier. | |
The Libor investigation was launched in conjunction with the Financial Conduct Authority and the US Department of Justice in 2012. | |
Barclays declined to comment. | Barclays declined to comment. |