Defence: Adoboli probe uncovered other unauthorised trades

Investigation into activities of the ex-UBS trader uncovered three other instances of unauthorised trading unconnected to him, a court has heard

An independent investigation into the activities of Kweku Adoboli, the ex-UBS trader accused of causing $2.3bn of losses last year, uncovered three instances of unauthorised trading at the Swiss bank that were unconnected to him, a court has heard.

Charles Sherrard QC, counsel for the defence, today said that the instances were mentioned in an addendum to a final report by KPMG into Adoboli's alleged losses.

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