Private Equity

Barclays’ barrister slams Amanda Staveley for being a ‘thoroughly unreliable’ witness in court

Staveley also accused of being a 'novice in raising finance'

Amanda Staveley
Amanda Staveley Photo: Getty Images

Barclays’ lawyers have called financier Amanda Staveley a “thoroughly unreliable witness” in her firm PCP Capital’s case against the blue-chip bank.

Staveley’s private equity firm PCP Capital made a £3.25bn investment on behalf of Abu Dhabi’s Sheikh Mansour bin Zayed Al-Nahyan during Barclays’ £7.3bn emergency fundraising in October 2008.

WSJ Logo