How Amanda Staveley took on Barclays over its 2008 Qatar rescue

How Amanda Staveley took on Barclays over its 2008 Qatar rescue

But Barclays' commercial lawyers insisted that these fees could not be a pure inducement.. The solution was a deal that essentially meant that the Qataris would earn their fees by making introductions and giving advice.. According to Staveley's evidence, when she met Jenkins at his home in October he had promised her and Abu Dhabi the "same deal" as the Qataris for an investment in Barclays.. Staveley alleges in court documents that in order to secure the rescue finance, Barclays agreed to Qatari demands to be paid an additional "sham" advisory fee of £280m; a " further fee of £66m"; and "an entirely unsecured loan" of £2bn - "almost exactly the same sum as that for which they were offering" to invest.. Staveley's case is that she sacrificed the chance of future lucrative financial derivatives that were part of her original deal, in order to agree to what she thought was the same deal as the Qataris.. Barclays attacked by activist investor over CEO's Epstein links.