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Nairaland Forum / Nairaland / General / Business / Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud (13251 Views)
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Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by norrisman: 1:04pm On Sep 16, 2011 |
I have a strong feeling, the movie will be called I need a Miracle - Rogue Trader 2 Thank God he is not a Nigerians! |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by philip0906(m): 1:14pm On Sep 16, 2011 |
Jakumo:what has Pastor Adeboye got to do with the news? |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by Arosa(m): 1:58pm On Sep 16, 2011 |
norrisman:Ghana paaa! |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by tlops(m): 3:30pm On Sep 17, 2011 |
dont be blinded guys, It was a case of market trading gone bad, who gives ordinary employee (a non British for the matter) access to such an amount without monitoring, If the guy had succeeded the bank would have kept quiet and declare profit. how did he rise to the position of being trusted with £2 billion? successful trading of course! |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by Richtalk: 3:36pm On Sep 17, 2011 |
Q: What do you call a successful rogue trader? A: Managing Director |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by Richtalk: 3:39pm On Sep 17, 2011 |
Read The Story Of Nick Leeson and Understand what rogue trading is all about
|
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by mulumele(m): 3:48pm On Sep 17, 2011 |
@Jakumo You really need help. |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by dplordx(m): 4:06pm On Sep 17, 2011 |
Ohhhhh theyve broken my country ONLY guinness book of record feat. Wetin dey worry boys nau. Abeg wake up o. Ghana no fit overtake us for Kentro level too. Abeg leave pussy and go back to work jare. |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by niggadee(m): 4:32pm On Sep 17, 2011 |
his father who was involved as well as been arrested |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by Lax75(m): 4:38pm On Sep 17, 2011 |
@ Topic I am offended by this! . . Seriously. We are the giant of Africa! No one is supposed to beat us, even when it comes to fraud! |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by DrummaBoy(m): 4:40pm On Sep 17, 2011 |
Thank God I am not a Ghananian. |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by boyt1: 4:50pm On Sep 17, 2011 |
DrummaBoy: Thank God i am a Nigerian ooh! |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by deenee: 4:50pm On Sep 17, 2011 |
tlops: Spot on,I have worked in this kind of "high octane environment'' where you live life on the edge . This is the world of finance. Truth is somebody has lost 1.3 billion and someone has gained 1.3 billion. From what, I have gathered from friends in London, he is a high frequency trader trading on ETF (European Traded Funds) and he must have been making money for UBS so point is, they are using him as a fall guy. I don't want to believe that he can consummate 'unauthorized transactions' to the tune of 1, 3 billion without any one knowing? What kind of risk management systems do they have there? |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by phreakabit(m): 4:53pm On Sep 17, 2011 |
This guy obviously had plans of causing an earth kweku in Ghana with all this cash. |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by duduspace(m): 5:25pm On Sep 17, 2011 |
I feel for the guy, the bonus culture in banks needs urgent reforms but they've refused to address it. This chap has not stolen anyone's money but that is what most people are errorneously interpreting this to be. The first Rogue Trader Nick Leeson served only about a 4 years jail sentence and it was not for stealing money but for accounting malpractices in bringing down Baring's bank. Great article up there by Richtalk. |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by mitofag: 5:35pm On Sep 17, 2011 |
SScapepegoat? Why did his bos resign immediately Shouldnt he be arrested as well? |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by junegirl(f): 5:42pm On Sep 17, 2011 |
Why they always associate fraud to being Nigerian? Human beings are human beings and people who want to be fraudulent will do so regardless of what part of the world they are from. www.heal9ja..com |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by emofine(f): 5:48pm On Sep 17, 2011 |
So these Mods come be wicked like this, see how dem fit seduce pipo enter thread wit the kain topic dem put for homepage . . .e don happen. . .who is without sin . . . . ehen una know the rest . . . |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by chamber2(m): 5:57pm On Sep 17, 2011 |
duduspace: Exactly my thought. The only crime i have seen here is that he executed an ''unauthorised'' trading. However, had he been successful he would be rolling home with a lot of bonuses and promotion. He would have been tagged an astute analyst. Now that he failed, he's been called a ''rogue trader.'' So much for the world of finance. |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by ncpat(m): 6:04pm On Sep 17, 2011 |
no be forex the guy dey trade? abi NEPA take light and him no fit commot 4 trade abi na NETWORK problem. |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by sleekman(m): 6:10pm On Sep 17, 2011 |
Guy is originally Togolese, born in Ghana and naturalized in Britain. |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by tolu001: 6:21pm On Sep 17, 2011 |
dont be blinded guys, Exactly my sentiments, it's just a case of trade gone bad. The guy is unluckily the fall guy |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by phreakabit(m): 6:32pm On Sep 17, 2011 |
sleekman: Confirm |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by ministergh: 6:33pm On Sep 17, 2011 |
check this out: senior high school in Ghana is just fun. men!!! wow, https://www.youtube.com/watch?v=5HNWlnKhPDE , CLICK THE LINK AND SEE THE THRILLS IN GH SHS. |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by phreakabit(m): 6:39pm On Sep 17, 2011 |
ministergh: Hey Charlie, unless you intend teaching us Ghana's new scam style wey kweku dey use I will advice you GTFO of here now! Besides the dance is |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by ministergh: 6:43pm On Sep 17, 2011 |
well, this guy is just doing business as usual. i know him personally. he is a ghanian alright but i dont think his bosses dont know shit. Bleep them all |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by tlops(m): 6:50pm On Sep 17, 2011 |
ministergh: Guy go jor, which kain dance be dis, they're dancing like they're trying to start a stubborn generator. their uniform sef be like ankara, |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by Outstrip(f): 6:55pm On Sep 17, 2011 |
They are bring used as scape goats. The rules are not very clear. If the deals were succesful then it wouldnot be a problem. He just got over confident. |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by Nobody: 7:50pm On Sep 17, 2011 |
ministergh:waste of energy |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by sleekman(m): 8:22pm On Sep 17, 2011 |
phreakabit: You should read this http://en.wikipedia.org/wiki/Kweku_Adoboli |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by Richtalk: 9:05pm On Sep 17, 2011 |
chamber2: Yes thats the only crime he committed . Some think he stole 2billion dollars, but thats not it. |
Re: Ghanaian, 31, Pulls Off Britain's Biggest Banking Fraud by stagger: 9:46pm On Sep 17, 2011 |
Unauthorised trading. I spit at that definition. Why are we Africans always quick to judge and crucify our own because the white man says we should? GIVE ME THE NAME OF ONE WALL STREET EXECUTIVE WHO HAS BEEN PROSECUTED AS A RESULT OF PRACTICES THAT LED TO THE COLLAPSE OF THE SUBPRIME MORTGAGE INDUSTRY AND THE SUBSEQUENT GLOBAL FINANCIAL CRISIS. People should try to buy and watch the documentary called "Inside Job". After that, decide for yourselves who the real fraudsters are. |
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