In telephone transcripts from October 2008, Jones describes Staveley in a conversation with his colleague at Barclays, Stephen Morse.
“She was Prince Andrew’s girlfriend,” Jones says. “And I believe that in this context, she got closer to a few sheikhs and she was doing her role of business ambassador.”
Jones, who tells Morse that he met Staveley a few days earlier, adds: “She was fine but clearly someone who [Sheikh] Mansour trusts and uses like, you know, her face with the outside world… Whether she sleeps with him or not, I couldn’t tell you. I doubt it to be honest but anyway… she looks fine.
Two days later, Jones told Morse that Staveley’s PCP Capital Partners were receiving £ 25million for their participation in the 2008 fundraising deal.“And it’s as thick as shit.” Anyway, there you go. You can’t have it all, ”Jones says. “Well, you know she dated Prince Andrew,” Morse replies.
” Yeah, that’s it. It’s this one. She’s got big boobs, so, you know, sorry, I’m going to keep my mouth down, ”Jones says. ” It’s okay. Your line is not registered and neither is mine. I hope, ”replied Morse.
Jones said in June he apologized to Staveley and his colleagues for the comments he made in 2008.
A spokesperson for Jones said Thursday: “Stephen has been very clear that his comments are totally inappropriate and fall short of the standards of language and behavior that we rightly expect. He regrets making these comments and has not sought to defend them and will not seek to do so.
The spokesperson said Jones was grateful that Staveley accepted his apology.
Staveley is suing Barclays for up to £ 1.5 billion after his client, Sheikh Mansour bin Zayed al-Nahyan, a member of the Abu Dhabi royal family, invested £ 3.25 billion as part of the Barclays’ £ 11 billion emergency fundraiser at the height of 2008 financial crisis. She says Barclays has secretly offered better terms to its Qatari investors, which means her company missed out on consulting fees that were higher than the £ 30million it actually received.
Barclays called the claim “opportunistic and speculative,” and alleges that Staveley overstated the importance of his role in securing billions of pounds for the Barclays bailout program.
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Jones is not the only Barclays banker to apologize to Staveley – who recently negotiated the potential buyout of Premier League football club Newcastle United – for sexist comments made public during the hearing.
According to separate telephone transcripts released by the High Court earlier this month, former Barclays investment banking director Roger Jenkins and former director of the bank’s European financial institutions division Richard Boath, called Staveley a “dolly bird” and “pie.” .
Asked about his use of the word “pie” by an attorney representing PCP Capital Partners last week, Jenkins replied, “I apologize.” Jenkins also indicated that he had apologized to Staveley previously. Staveley was in court to hear his apologies.
The hearing continues.
