LONDON — Kweku Adoboli, the former UBS trader who caused a $2.3bn loss through unauthorised trading, is trying again to get permission to overturn his conviction and seven-year sentence.His lawyers were scheduled to ask an appeals court in London on Wednesday to grant him the chance to argue that the conviction should be thrown out.His initial claim was already rejected by a judge last July, without a hearing taking place. Adoboli was convicted in November 2012 of two counts of fraud for causing the loss at the bank’s London unit.He argued at trial that managers at UBS pushed him to take too many risks and that rule-breaking at the bank was rampant. While he admitted causing the loss, he said it was not done dishonestly. Adoboli was ordered to serve at least half of his sentence.His lawyer Paul Lennon declined to comment on the hearing. His firm, Bark & Company, tweeted that the application would be heard yesterday. The 10-member jury unanimously found him guilty of one count of fra...
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