Ghanaian City trader accused of gambling away £1.5bn in biggest fraud in British corporate history goes on trial

A City trader accused of the biggest banking fraud in British corporate history appeared in court for the start of his trial.

Kweku Adoboli, 32, allegedly gambled away £1.5bn on the stock markets while working for Swiss Bank UBS.

He faces two counts of fraud and two counts of false accounting having been accused of losing the money as a result of a series of unauthorised trades.

More than 40 potential jurors have been selected which will be whittled down to a panel of 16 from which 12 will be sworn.

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