UK News
Trial adjourned of former UBS trader accused of losing 1.4 billion
Dec 20, 2011, 17:43 GMT
London - The trial in London of former UBS trader Kweku Adoboli, who is accused of gambling away 1.4 billion pounds (2.2 billion dollars), was adjourned Tuesday for a second time.
The 31-year-old trader had been expected to enter a plea, but asked for an adjournment since he had changed his defence team. The judge granted him until January 30 to consult with his new lawyers.
Adoboli, the son of a former Ghanaian official to the United Nations, has been charged with two counts of fraud and two of false accounting between 2008 and September this year.
