Ex-UBS trader wins last minute deportation reprieve

Gavel

Kweku Adoboli, a former UBS trader in London jailed in 2012 for causing a $2.3 billion loss at the bank, won a last-minute reprieve from his deportation to Ghana.

Bloomberg News reports that Adoboli will get another judicial review of the decision to deport him, his spokesman Nick Hopewell-Smith said Monday in an email. The 38-year-old was to leave Tuesday under rules that require foreign nationals who have been sentenced to more than four years in prison be deported automatically, unless there is a strong public interest in favor of them staying.

Adoboli’s supporters are in “tears of joy,” Hopewell-Smith said.

“The judge has requested a stay on his deportation to Ghana until such time as the outcome of the review is determined,” he said. His lawyer “has already applied for bail to the Home Office and if refused (as is most likely) will then apply to the Tribunal. It is anticipated that Kweku will be allowed home to his Scottish ‘family’ and partner, Alice, within the next 5-10 days.”

Hit the link below to access the complete Bloomberg News article:

Ex-UBS Trader Wins Last-Minute Bid to Delay Deportation

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