CAUGHT IN THE ACT: It took 52 days for senior Stanbic Bank executives to register a company, secure a loan, and buy on the cheap, a loan-stressed client’s property!

Myriad Investment Club Ltd, a company belonging to Stanbic Bank’s senior executives that are accused of colluding with other bank staff to buy off, very cheaply, a property of a distressed client was registered weeks after the property had been advertised for auction, an investigation by this news site has discovered. According to documents seen by this website, in what appears to be a swift and carefully orchestrated insider dealing scandal, it took Myriad Investment Club less than two months to register, secure a bank loan and buy off Plots 1,3,4,5 and 6 Works Close, Luzira on the 25th of…