Barclays was called 'reckless' by a British organization for its failure to disclose payments amounting to GBP322 million or USD511 million in advisory fees to investors from Qatar who had provided assistance during the period of financial crisis. 

Contained in its prospectus for a GBP5.95 billion share issue is the advisory that the British bank is under scrutiny and may be fined by the Financial Conduct Authority for GBP50 million. This is for their failure to properly disclose the fees that the bank had paid back over the past five years.

The payments were termed as 'under service agreements' which were related to Barclays' emergency fundraising done with Qatari investors. These investments had assisted the bank to avoid requiring a bail out from taxpayers in 2008. 

According to the prospectus, on the said payouts, "The FCA considers that Barclays...acted recklessly."

These findings of the FCA is but another issue that Barclays CEO Antony Jenkins, who took over a year ago, still is hounded by issues from past action as he continues to clean up the bank after a number of scandals that had rocked the bank.