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Barclays says UK SFO has made an application to the High Court to reinstate charges dismissed in May

Two of the charges are about Barclays PLC conspiring with former senior officers and employees of the company to commit fraud by false representations relating to advisory services agreements entered into with Qatar Holding LLC in 2008
Barclays office
In a brief statement, the FTSE 100 firm said it intends to defend the applications brought by the SFO

Barclays PLC (LON:BARC) has revealed that the UK Serious Fraud Office has made an application to the High Court to reinstate the charges against the bank and its parent that had been dismissed by the Crown Court in May.

In a brief statement, the FTSE 100 firm said it intends to defend the applications brought by the SFO.

READ: Barclays says SFO charges regarding the bank's capital raising in 2008 dismissed by UK Crown Court

In May, Barclays had announced that two of the charges bought against it by the SFO - for conspiring with former senior officers and employees of the company to commit fraud by false representations relating to advisory services agreements entered into with Qatar Holding LLC in 2008 - were dismissed.

It added that other charges against Barclays and its investment banking business for unlawful financial assistance regarding a US$3bn loan to Qatar in November 2008 were also dismissed.

The bank, however, said then that the SFO was likely to try and reinstate the charges by applying to a High Court judge to re-commence proceedings via a new indictment.

Despite the news, Barclays shares were 1.3% higher in late morning trading, at 189.06p with the banking sector buoyed by strong results from Swiss peer UBS AG.

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