A high-flying financier has accused the Barclays boss often called ‘Large Canine’ of utilizing his friendship with George Clooney and Matt Damon as a part of a marketing campaign to squeeze her out of a £7billion deal.
Amanda Staveley, 47, stated Roger Jenkins, as soon as Britain’s best-paid banker, tried on quite a few events to bypass her as a center man – and befriend a key center jap investor himself, in response to court docket paperwork.
If profitable the manoeuvre would have been ‘a serious coup’ opening up Abu Dhabi’s monumental wealth to the financial institution, it was claimed.
The feud emerged after Miss Staveley accused Jenkins of mendacity as a part of a £1.6billion deceit case in London‘s Excessive Courtroom.
Amanda Staveley, 47, stated Roger Jenkins, as soon as Britain’s best-paid banker, tried on quite a few events to bypass her as a center man
She has claimed Barclays unfairly pushed her agency PCP Capital out of the profitable deal by providing secret charges to different buyers.
Barclays bosses additionally labelled her a ‘cunning blonde’ and ‘the tart’, main her to accuse executives on the financial institution of sexism and misogyny.
The case has revealed additionally shone gentle on the extravagant existence of the super-rich bankers on the coronary heart of the monetary disaster.
Mr Jenkins’s now ex-wife Diana, 47, a Bosnian refugee turned socialite, was an everyday on London’s A-list occasion scene, and court docket paperwork present her husband sought to make use of her well-known pals to develop his enterprise connections.
In October 2008, he invited Ms Staveley and her investor, Abu Dhabi royal Sheikh Mansour, to a celebration at his Mayfair flat.
The occasion was in assist of a charity serving to with the aid effort in Darfur, in Sudan, known as ‘Not on Our Watch’.
Amanda Staveley seen arriving on the Rolls Constructing in London to offer proof in her Excessive Courtroom battle with Barclays
Barclays financial institution boss Roger Jenkins, who labored reverse Ms Staveley throughout 2008, advised colleagues that his Bosnian ex-wife Diana Jenkins had not been given sufficient credit score
In accordance with press experiences from the time, it was additionally attended by Scarlett Johansson, Cindy Crawford, Sarah Ferguson, Bono, Man Ritchie, Sir Michael Caine, Claudia Schiffer and Christian Slater – and raised £10million for charity.
However Miss Staveley took the invite as an try and bypass her as a center man within the deal, which may have an effect on how a lot she was paid sooner or later, in response to a witness assertion filed to the court docket.
Within the doc she stated: ‘Mr Jenkins wished me to ask Sheikh Mansour if he may attend, as George Clooney and Matt Damon can be current representing their charity.
‘I had heard that Mr Jenkins’ spouse, Dianna, was very glamorous and that they have been each keen on the ‘superstar’ way of life.
Mates in excessive locations: Amanda Staveley is pictured with David Beckham at a luxurious occasion
‘I felt he was fairly clearly making an attempt to get a direct line to my cornerstone investor.’ She stated that Mr Jenkins subsequently tried ‘quite a lot of occasions’ to satisfy the Sheikh.
The assertion from Miss Staveley added: ‘It might have been a serious coup for Mr Jenkins to get an introduction to somebody as necessary and influential as Sheikh Mansour, given the financial institution’s ambitions within the Gulf area.’
The revelations come a day after court docket paperwork revealed that Mr Jenkins was livid his spouse didn’t get the eye she deserved for her function within the deal to save lots of the financial institution.
He complained to colleagues that his spouse Diana, 47, was handled like a ‘occasion woman’, whereas fellow financier Amanda Staveley, additionally 47, was lauded for her enterprise nous.
The court docket dispute outcomes from Miss Staveley’s declare that she was not given the identical phrases because the Qatari buyers.
In accordance with her, Barclays advised her quite a few occasions that PCP and the Abu Dhabi buyers can be supplied the identical charges as different buyers.
Barclays disputes PCP’s allegation and described its damages declare as ‘opportunistic and speculative’ (pictured, Barclays tower in Canary Wharf, London)
As a substitute the financial institution misled the monetary markets and funnelled an additional £346million in secret charges to the Qataris, in response to court docket paperwork.
Barclays disputes her declare, calling it ‘opportunistic and speculative’.
Jeffery Onions QC, for the financial institution, advised the court docket: ‘The info have been distorted or exaggerated to suit the case.’
Mr Jenkins, who has been acquitted within the legal courts of wrongdoing associated to the fundraising, has been known as to offer proof as a witness.
The case, anticipated to final 9 weeks, continues.
LAW FIRM APOLOGISES TO STAVELEY OVER COMMENTS MADE
A regulation agency representing Barclays has apologised to businesswoman Amanda Staveley over feedback made on the finish of a Excessive Courtroom session.
Members of the general public listening on-line heard the feedback after the listening to, at which Ms Staveley is presently giving proof, ended for the day on Thursday.
The decide overseeing the trial, which is being staged on the Excessive Courtroom in London and broadcast through a webcast, was advised on Friday that the feedback have been made by a member of the regulation agency Simmons & Simmons, which represents the financial institution.
Mr Justice Waksman heard that the feedback had been made throughout a personal Zoom name and have been overheard by folks nonetheless related to the trial hyperlink.
‘Feedback have been made by a member of the Simmons authorized group on a personal Zoom name, which was overheard within the courtroom after the day’s session had adjourned,’ stated a spokesman for Simmons & Simmons on Friday.
‘This could not have occurred and may be very regrettable.’
He added: ‘We apologise to Ms Staveley and to the court docket.’
Ms Staveley says her non-public fairness agency, PCP Capital Companions, was not handled pretty and is owed cash for work it did establishing a Center East funding take care of Barclays in the course of the international monetary disaster in 2008.
PCP is suing the financial institution and needs £1.6 billion damages.
Barclays disputes PCP’s declare and says the declare is fabricated from ‘sand’.
The trial, which started on Monday, continues and is anticipated to final two months.
Brian Farmer, Press Affiliation