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They include former chief executive John Varley (left) and former Middle East chief Roger Jenkins (right)Thomas Kalaris, who ran the bank's wealth and investment management unit, and former financial institutions boss Richard Boath were charged over the fundraising deal only and could be jailed for ten years if found guilty.The SFO decision was described by an MP as a 'long time coming'.In 2000 he closed 171 branches and fired 6,000 staff in one day and had a torrid time explaining himself on BBC radio's Today.After being passed over for the top job on at least one occasion, the fishing and ping-pong fanatic beat off the challenge of his brash long-time rival at Barclays, American banker Bob Diamond, to become the £1million-a-year group chief executive in 2004.They are also accused of 'unlawful financial assistance' by providing Qatari investors with a £2.3billion loan to buy Barclays shares.Among those who will be hauled into the dock on July 3 are former chief executive John Varley, who became a City darling after helping steer Barclays through the credit crunch without taxpayer support.Mr Boath said he would 'contest these charges vigorously', adding: 'The SFO's decision to charge me is based on a false understanding of my role and the facts.'Mr Varley and Mr Kalaris could not be reached for comment.Oxford-educated John Varley appeared the quintessential old-school banker.
Mr Varley was head of Barclays throughout the 2008 financial crisis and was the first finance boss to apologise to the public, saying of the aftermath: 'It starts by saying sorry.
Barclays said it is 'considering its position in relation to these developments'.