AGL 40.40 Increased By ▲ 0.20 (0.5%)
AIRLINK 129.25 Increased By ▲ 0.14 (0.11%)
BOP 6.81 Increased By ▲ 0.21 (3.18%)
CNERGY 4.13 Increased By ▲ 0.10 (2.48%)
DCL 8.73 Increased By ▲ 0.28 (3.31%)
DFML 41.40 Increased By ▲ 0.15 (0.36%)
DGKC 87.75 Increased By ▲ 0.75 (0.86%)
FCCL 33.85 Increased By ▲ 0.50 (1.5%)
FFBL 66.40 Increased By ▲ 0.50 (0.76%)
FFL 10.69 Increased By ▲ 0.15 (1.42%)
HUBC 113.51 Increased By ▲ 2.81 (2.54%)
HUMNL 15.65 Increased By ▲ 0.42 (2.76%)
KEL 4.87 Increased By ▲ 0.09 (1.88%)
KOSM 7.62 Decreased By ▼ -0.21 (-2.68%)
MLCF 43.10 Increased By ▲ 1.20 (2.86%)
NBP 61.50 Increased By ▲ 1.00 (1.65%)
OGDC 192.20 Increased By ▲ 9.40 (5.14%)
PAEL 27.05 Increased By ▲ 1.69 (6.66%)
PIBTL 7.26 Increased By ▲ 1.00 (15.97%)
PPL 150.50 Increased By ▲ 2.69 (1.82%)
PRL 24.96 Increased By ▲ 0.40 (1.63%)
PTC 16.25 Increased By ▲ 0.01 (0.06%)
SEARL 71.30 Increased By ▲ 0.80 (1.13%)
TELE 7.25 Decreased By ▼ -0.05 (-0.68%)
TOMCL 36.29 Decreased By ▼ -0.01 (-0.03%)
TPLP 8.05 Increased By ▲ 0.20 (2.55%)
TREET 16.30 Increased By ▲ 1.00 (6.54%)
TRG 51.56 Decreased By ▼ -0.14 (-0.27%)
UNITY 27.35 No Change ▼ 0.00 (0%)
WTL 1.27 Increased By ▲ 0.04 (3.25%)
BR100 9,967 Increased By 125.2 (1.27%)
BR30 30,751 Increased By 714.7 (2.38%)
KSE100 93,292 Increased By 771.2 (0.83%)
KSE30 29,017 Increased By 230.5 (0.8%)

Former UBS trader Kweku Adoboli, jailed in Britain for causing the Swiss bank $2.3 billion (2.0 billion euros) in losses through fraudulent trading, faces imminent deportation to Ghana, his friends said Thursday as they campaigned for him to stay. The 38-year-old served half of his seven-year sentence for fraud, before being released in 2015.
After losing several appeals against his deportation, he is now in detention awaiting removal next Tuesday to Ghana, where he was born, his friends and lawyer said. With the support of around 100 lawmakers, they are fighting to keep him in Britain, where they say he has worked to improve governance and compliance in the finance sector since his release from jail.
They note he has lived in Britain since he was 12 and has not been to Ghana since he was four. "He has never shied away from the fact that he did something wrong," said Hannah Bardell, MP for Livingston near Edinburgh, where Adoboli was living. "But it is absolutely clear that he was part of a system that was completely broken and is still broken," she told reporters, adding that he had a "genuine desire to give back".
Adoboli has worked with the Universities of Stirling, Edinburgh and Liverpool and had also written in the Financial Times about how financial institutions can better protect themselves against risk. "If the UK government is really serious about... reforming banking and finance, then they have somebody in their midst who they can work with," Bardell said.

Copyright Agence France-Presse, 2018

Comments

Comments are closed.