However, the 758 million shares associated with the warrants were bought
at significantly below the market price and they now belong to Sheikh
Barclays said the change in ownership of the offshore company had no bearing on the transaction or required approvals.
The bank said in a statement that it had "repeatedly demonstrated to Panorama why the allegations which have been put to us are not justified".
"The Board of Barclays took the decision on capital raising in 2008 on the basis of the best interest of shareholder and its other stakeholders, including UK taxpayers," it said.