Is Barclays guilty of a criminal offence?

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Full marks to Andy Wightman who has posted this on his blog:

This evening I submitted the following report to the Tower Hamlets Division of the Metropolitan Police.

“I am contacting you as the police authority responsible for the area in which Barclays PLC, 1 Churchill Place, London has its HQ. From press reports today and, in particular on the basis of the Final Notice issued by the Financial Services Authority today, 27 June 2012 (FSA Reference No. 122702), I have reason to believe that a crime of fraud has been committed by Barclays Bank PLC and hereby report this alleged crime to the Metropolitan Police.”

Section 4 of the Fraud Act 2006 would seem to cover matters nicely.

I look forward to their response.

I'm not a lawyer, but as an accountant it looks to me that he has a good argument.

And I rather hope that's the case. The culture of unaccountability has to be broken.