Ms Staveley’s PCP Capital Partners says the bank lied to other Gulf investors about larger commission payments to Qatar for investments during the 2008 financial crisis that staved off a government takeover.
The bank’s former investment chief for the Middle East, Roger Jenkins, is also due to give evidence in a case that is expected to start in June and run for two months.
While criminal charges against Mr Varley were dropped in 2019 because of insufficient evidence, Mr Jenkins stood trial with two other senior bankers following a complex, eight-year investigation by the UK agency, which prosecutes white-collar crime.
They were accused of involvement in a plot to funnel £322 million in secret payments to Qatar in return for £4bn of rescue funding. The three men were all acquitted in February of fraud, clearing the way for the delayed civil case to go ahead.
Mr Varley and Mr Jenkins played key roles in negotiations with Qatar, then headed by Sheikh Hamad Al Thani.
The two men and Ms Staveley are all due to give evidence in person at London’s High Court, a judge was told on Friday at a hearing conducted through Skype because of the coronavirus pandemic.
Mr Justice Waksman said a decision on who could give evidence through video would be made closer to the trial.
On 4 February 2021, the 17th edition of the FIFA Club World Cup™ officially kicked off in Qatar, with…22 Views | the publication reaches you by | Qatar Today
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