UBS Rogue Trader Accused of Losing $2 Billion


Philip Octave said he was Adoboli's landlord when he lived in Brune Street, Shoreditch, a comfortable neighborhood in London, until he moved out four months ago, according to the Press Association. Octave said he asked Adoboli to move out of the apartment so he could renovate it.

Octave said Adoboli had rented a groundfloor flat a few blocks from the UBS office for about $6,320 a month, according to the AP.

"He was a very nice guy, very polite. He would speak to anybody. I haven't got a bad word to say about him," Octave told the Press Association. "I wouldn't say he was the tidiest person but he was a good tenant.

"He was very well spoken and dressed very smartly. I can't believe that it (the rogue trader) is him," Octave said.

Octave said he was he was behind in the rent about twice, but he always made the payments eventually.

He said Adoboli was of African descent without relatives in the UK and visited Africa every now and then to see his parents.

"He was a very quiet chap actually. I would not say that he was a party animal," he said according to the Press Association.

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