UBS rogue trader to fight UK deportation

Kweku Adoboli, a former UBS trader who caused a $2.3bn loss through unauthorized trading, will fight a U.K. immigration tribunal’s decision to deport him to Ghana.

Bloomberg News reports that Adoboli, who was sentenced to seven years in prison in Nov. 2012, will lodge an appeal against the ruling handed down last week, his lawyer, Paul Lennon of London-based Bark & Co. said by e-mail. Ghana-born Adoboli was released from prison in June.

Adoboli was jailed in November 2012. He was convicted of two counts of fraud and sentenced to seven years in prison. Adoboli was released from Maidstone prison in Kent in June.

Hit the link below to access the complete Bloomberg article:

Adoboli to Fight Ghana Deportation Ruling

HSBC Whistle-Blower Falciani to Skip Trial After Court No-Show


JefferiesAnd the Best Place to Work in the global financial markets 2018 is...

Register for HITC Business News