Adoboli trial continues

ACCUSED UBS fraudster Kweku Adoboli was not challenged when he told a colleague that he had made a “cosmetic adjustment” to the accounts, a London court heard yesterday. Former back office contractor Johannes Zuidmeer also said he allowed the trader to hold back from entering a $1bn loss into the accounts, accepting his explanation that it was a booking error. Adoboli, 32, denies two counts of fraud and two of false accounting. The trial continues.