Barclays has been accused of providing “seriously incomplete” disclosure over its involvement in the Libor scandal after a court was told the bank had found 35,000 new documents, including hundreds of audio recordings and thousands of emails, not seen by the authorities before its 2012 settlement. A lawyer acting for Asif Aziz, a London property investor and owner of the Trocadero shopping centre, told a case management hearing over a claim by the Malawian-born businessman that Barclays mis-sold his companies two Libor-linked interest swaps worth £54.8 million. Representing two companies controlled by Mr Aziz — Leicester Square (2015) Limited and Criterion Property Limited — Stephen Davies, QC, said yesterday that Barclays had handed over thousands of new documents to the regulatory authorities since another settlement in 2014…

Source: The Times December 01, 2016 00:07 UTC