Nigerian investor Michael J. Prest is challenging the Bank of Zambia over the liquidation of Investrust Bank Plc

[Zambian Observer - Zambia] - 20/12/2025
Nigerian investor Michael J. Prest is challenging the Bank of Zambia over the liquidation of Investrust Bank Plc, a dispute that has raised broader questions about investor protection in Zambia’s financial system. Prest’s firm, BONI Global, says it legally acquired a 24.8% stake in the listed (…)
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