Three former executives of Barclays Bank will appear before court on Monday to face charges relating to financial fraud.

The Serious Fraud Office (SFO) case relates to fraudulent payments of billions of pounds by the bank to Qatar in return for cash that bailed the bank during the 2008 financial crisis.

Richard Boath who headed the European corporate finance arm, Tom Kalaris who led the wealth division and Roger Jenkins who was the chairman of investment banking in the Middle East have all denied any wrongdoing.

The three were charged with conspiracy to commit fraud by false representation.

John Varley, the bank’s former chief executive, was acquitted in June this year after criminal proceedings against the bank itself were dismissed by the court last year.

The bank is reported to have made secret payments to Qatar after receiving cash injections from Qatari investors in two instances in June and October 2008.

The sum from the investors including former Prime Minister Sheikh Hamad bin Jassim bin Jabr al-Thani helped the bank avoid a government bailout.

The proceedings which are expected to last several months will start with jury selection.