Ghanaian Trader Gets Reprieve In U.K Deportation Case

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Kweku Adoboli, a former UBS trader jailed for Britain’s biggest fraud over unauthorised trades that cost the Swiss bank $2.3 billion, averted the immediate threat of deportation at a court hearing in London on Thursday, December 7, 2017.

Adoboli’s case made global headlines when he was arrested in 2011 and tried in 2012 over the huge losses to UBS, caused by trades far in excess of his authorised risk limits which he had pretended to hedge by booking fictitious off-setting trades.

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A Ghanaian national who has lived in Britain since he was 12, Adoboli, now 37, has been appealing against an order made by the British authorities in July 2014 that he should be sent back to Ghana as a foreign criminal.

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