Ghanaian Rogue Trader Kweku Adoboli Faces Deportation From U.K. After Losing Appeal

Kweku Adoboli
Former UBS trader Kweku Adoboli, pictured during his trial in London, England, November 20, 2012, is facing deportation from the U.K. to Ghana. ANDREW COWIE/AFP/Getty Images

A Ghanaian trader convicted of fraud after losing Swiss bank UBS $2.2 billion is facing deportation from the U.K. to the West African country after losing an appeal.

Kweku Adoboli, 36, was sentenced to seven years in jail in 2012 for two counts of fraud but was released in 2015. Dubbed the biggest rogue trader in British history, Adoboli was eligible for deportation upon his release, since foreign nationals sentenced to more than four years imprisonment in the U.K. are automatically considered for being sent back to their home countries.

The son of a United Nations diplomat, Adoboli was born in Ghana, spent part of his upbringing in the Middle East and moved to England at the age of 12 to attend a prestigious boarding school in Yorkshire, but he does not possess British citizenship.

The U.K.'s Upper Tribunal of the Immigration and Asylum Chamber ruled against an appeal launched by Adoboli against his deportation after an immigration tribunal ruled in October that he must return to Ghana. The latest ruling stated that "while he [Adoboli] was socially and culturally integrated into the United Kingdom, his family was in Ghana" and that the ex-trader had "not established that there would be very significant obstacles in his reintegration into life in Ghana," the BBC reported on Wednesday.

Adoboli has vowed to continue fighting his proposed deportation and a crowdfunding page created to help pay his legal costs has raised almost £11,000 ($14,500) in two days since it was set up on Monday.

As well as his prison sentence, Adoboli was banned from working in the City for life by the Financial Conduct Authority. UBS was also fined almost £30 million ($39.5 million) for failing to properly regulate the trader.

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Conor is a staff writer for Newsweek covering Africa, with a focus on Nigeria, security and conflict.

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