Adoboli Co-Worker on UBS ETF Desk Says Deserved to Be Fired

John Hughes, who worked with Kweku Adoboli on the UBS AG ETF desk and didn’t alert management to a secret account Adoboli had where he hid profits to cover future losses, testified his firing was fair.

“I don’t see myself as a casualty,” Hughes said at his former co-worker’s London fraud trial today. “I think I fully deserved to be dismissed.”