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Defence rebuts 'outrageous' Adoboli charges

Kweku Adoboli's defence team today began delivering its closing statement as the case against the former UBS trader nears its end

Lawyers representing Kweku Adoboli, the ex-UBS trader accused of losing $2.3bn at the Swiss bank last year by way of fraud and false accounting, began to close their defence today at Southwark Crown Court.

The Ghanaian-born former trader, 32, stands accused of two counts of fraud and four of false accounting. He denies all the charges.

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