Kweku Adoboli

Kweku Adoboli (born 21 May 1980) is a Ghanaian investment manager and former stock trader. He was convicted of illegally trading away as a trader for Swiss investment bank UBS. While at the bank he primarily worked on UBS' Global Synthetic Equities Trading team in London, where he engaged in what would later be known as the 2011 UBS rogue trader scandal. After serving a prison sentence, he lost several appeals against the UK Home Office decision to deport him to Ghana.

Early life and education Kweku Adoboli was born on 21 May 1980 in Tema, Ghana, to John Adoboli, a senior United Nations official. He spent his early years in Israel, Syria and Iraq, before moving to the United Kingdom in 1991. He attended Ackworth School in Pontefract, West Yorkshire, where he was head boy. In 2008, he became a director on the exchange-traded fund (ETF) desk,

After his deportation to Ghana, Adoboli hoped to start a new career in finance.

Charges and conviction On 15 September 2011, Adoboli was arrested by City of London Police and charged with two counts of fraud by abuse of position and four counts of false accounting. On the morning of 20 November 2012, a jury at Southwark Crown Court unanimously found him guilty on one count of fraud. Later that day, after receiving an instruction allowing for a majority decision with a single vote against, the jury found him guilty of a second count of fraud. They found him not guilty on the four false-accounting charges.

Imprisonment and subsequent appeal against deportation Adoboli served out his sentence at HMP The Verne in Dorset, HMP Ford in West Sussex, and HMP Maidstone in Kent. Despite living in the United Kingdom since 1991, he had never become a British citizen, and was thus liable for automatic deportation under Section 32 of the UK Borders Act 2007 as a foreign criminal who had been sentenced to at least 12 months of imprisonment. He was served with deportation proceedings in July 2015, and stayed with friends in London and Edinburgh. After his release he gave many talks to students, financial traders and others in the banking industry on operating ethically and avoiding the mistakes he made. and continued to appeal. He was eventually denied permission for a judicial review and his deportation was scheduled for September 2018. He stated that he believed his deportation was due to the Home Office hostile environment policy on immigration.