Nigerian tycoon Michael J. Prest sues Zambia's central bank for $40 million over Investrust collapse
Michael Prest's Bank of Nevis International is seeking $40 million from Zambia's central bank over the 2024 liquidation of Investrust Bank.
Skip to content
Michael Prest's Bank of Nevis International is seeking $40 million from Zambia's central bank over the 2024 liquidation of Investrust Bank.
Nigerian oil tycoon Michael Prest has won another court ruling in St Kitts and Nevis after the Court of Appeal found the banking regulator had no authority to fine his bank $120,000.