Adoboli pleads 'not guilty' to UBS fraud charges

wig-and-gavel

Kweku Adoboli, the former UBS trader accused of losing $2.25 billion of the Swiss bank's money, pleaded not guilty today to all four charges laid against him.

The plea hearing was held at Southwark Crown Court in front of Judge Alistair McCreath. Adoboli spoke only to confirm his name and to enter pleas of ‘not guilty' to two charges of fraud by abuse of position and two charges of false accounting stretching back to 2008.

McCreath set the start of the trial – expected to last for up to eight

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: