Barclays rejects claims of improper conduct

Barclays' General Counsel Bob Hoyt improperly used a copy of an interview given by Richard Boath in a criminal investigation to fire the executive, Boath’s lawyer told a London employment tribunal Friday.

“Part of our case is that Mr. Hoyt, the bank’s general counsel, was given a copy of the transcript to use for the criminal process and used it for another purpose - to fire Mr. Boath,” Jonathan Cohen said.

Bloomberg News reports that Barclays and the U.K. Serious Fraud Office are fighting to have an employment suit filed by Boath against the bank heard in private because he is a suspect in an SFO investigation. Cohen’s comments were made on day five of a seven-day hearing, with the trial yet to start. The bank claims another person who hadn’t seen the 800-page transcript of the interview chose to fire Boath, Cohen said.

These are "speculative ill-guided and tendentious comments," Richard Lissack, a lawyer for Barclays said in response to Cohen, according to a quote provided by a bank spokesman. "The characterization which he gives to individual senior lawyers regarding how they use materials disclosed as part of the crime fraud exception the bank rejects utterly."

To access the complete Bloomberg News article hit the link below:

Barclays Top Lawyer Dragged Into Boath Battle Over SFO Interview

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