Ex-UBS trader denied bail as he awaits deportation review

- Advertisement -

A convicted former UBS trader has been denied bail while he awaits a review of his deportation order.

Kweku Adoboli was jailed for seven years in 2012 for two counts of fraud that resulted in £1.4 billion losses, and had been due to be deported to Ghana earlier this month.

He was temporarily saved from being removed from the UK after applications by his lawyers for a judicial review and injunction against deportation were successful last week.

But he had an application for bail refused at a hearing at Hatton Cross Tribunal Centre on Tuesday, meaning he will remain in a detention centre while his case is reconsidered.

His lawyer Jackie McKenzie stressed in a tweet after the hearing that Mr Adoboli had complied with bail conditions for the past three years and is “not a flight risk”.

She added: “It is worrying that none of these factors appeared to have been given much weight.”

It is understood that another application for bail cannot be made for 28 days, and that the full review process could take several months.

Mr Adoboli, who left Ghana at the age of four, was released after serving half of his sentence and had been involved in teaching at several universities and working with an initiative promoting responsible leadership.

He was detained during a fortnightly check-in at Livingston Police Station, West Lothian, on September 3 and taken to Dungavel immigration removal centre in South Lanarkshire.

Despite almost 75,000 people signing a petition against his deportation, he has now been moved to Harmondsworth immigration removal centre at West Drayton.

- Advertisement -
- Advertisement -

Latest Stories

- Advertisement -

UK News

- Advertisement -
- Advertisement -

Read the latest free supplements

Read the Town Crier, Le Rocher and a whole host of other subjects like mortgage advice, business, cycling, travel and property.