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Ghanaians React As U.K. Deports Rogue Trader

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Authorities in the United Kingdom, UK, have deported a former UBS trader jailed for Britain’s biggest fraud over unauthorised trades that cost the Swiss bank $2.3 billion.

Kweku Adoboli, a Ghanaian national who has lived in Britain since he was 12 had serially worked to avert the threat of deportation at a court hearing in London in December 2017.

The BBC reported on Wednesday that Adoboli was due to be flown out of Heathrow airport after he had been detained in Scotland on Monday evening.

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.

Adoboli, now in his late thirties 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. Ghanaians have reacted to the deportation on social media outlets – Facebook and Twitter

 



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