Adoboli: management was aware of unauthorised trades


Accused UBS rogue trader Kweku Adoboli continued to argue today that the bank's management - including managing director Ron Greenwich and senior equities trader John Bennie - knew of the unauthorised trading strategy that ultimately lost the bank $2.3 billion in 2011. Adoboli was testifying for a fifth day in his own defence at London's Southwark Crown Court. He faces six charges of fraud and false accounting, which he denies.

Adoboli's defence throughout the trial has been to claim that while

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