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Bark & Co Solicitors News: Mr Kweku Adoboli Granted Bail
1. Bark & Co Solicitors News:
Mr Kweku Adoboli
Granted Bail
- Bark & Co Solicitors
2. (1888PressRelease) Mr Kweku Adoboli was
granted bail after a successful bail
application at Southwark Crown Court. Mr
Tim Harris, Solicitor on this matter said his
client was "delighted, very emotional and
would like to thank all his family and friends
for their support". Mr Adoboli is due to be
released from Wandsworth prison June 11th
pending the bail terms being satisfied.
3. Mr Kweku Adoboli was granted bail after a
successful bail application at Southwark Crown
Court. Mr Tim Harris, Solicitor on this matter said
his client was "delighted, very emotional and
would like to thank all his family and friends for
their support". Mr Adoboli is due to be released
from Wandsworth prison June 11th pending the
bail terms being satisfied.
4. Mr Giles Bark-Jones, partner at Bark
and Co Solicitors said "Our client is
both emotional and delighted at the
outcome of today's bail hearing. He
looks forward to working on his case
at our London offices."
5. See below press coverage from BBC
News:
A City trader accused of a £1.4bn
($2.2bn) fraud at the London offices
of Swiss banking giant UBS is to be
freed from Wandsworth Prison on
bail.
6. Kweku Adoboli, 32, will be
released on Monday with an
electronic tag ahead of his trial in
September, a bail hearing at
Southwark Crown Court heard.
7. He was "delighted" by the decision,
his lawyer Giles Bark-Jones said.
The trader, who was arrested in
September last year, denies two
charges of false accounting and two
of fraud.
8. Mr Bark-Jones told the BBC: "Our
client is both emotional and
delighted at the outcome of
today's bail hearing. He looks
forward to working on his case at
our London offices."
9. Mr Adoboli, of Clark Street, east
London, is accused of
unauthorised trading while
working for UBS's global
synthetic equities division, where
he bought and sold exchange
traded funds.