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Ex-Barclays trio charged for Libor manipulation

Mortgage Solutions
Written By:
Posted:
February 18, 2014
Updated:
February 18, 2014

Three former Barclays employees have been charged by the Serious Fraud Office (SFO) as it continues its investigation into the rigging of Libor rates.

The SFO alleged Peter Johnson, Jonathan Mathew and Stylianos Contogoulas had conspired to defraud between 1 June 2005 and 31 August 2007.

The Libor investigation was launched in 2012 and Barclays has since been fined £290m for rigging rates.

The trio will appear at Westminter Magistrates’ Court next week. The SFO continues its investigation.