‘I got my info from journalists,’ says ‘insider trader’

A businessman accused of making £1.4m from insider tips supplied by a banking official claims he received the information from a group of traders including a billionaire. UBS compliance officer Fiabiana Abdel-Malek, 36, used her access to the investment bank’s database to send inside information about upcoming company takeovers to Walid Choucair, 39. Southwark Crown Court has heard the friends used burner phones to communicate, changing the SIMS and handsets at regular intervals to avoid detection. The pair visited exclusive…