Nigeria: Michael Prest’s Boni Triumphs Over Bank of Zambia in Investrust Dispute

*Central bank’s bid to block judicial review dismissed

*Court upholds investor’s rights, rejects central bank’s twin applications

*Lawyer, Robert Amsterdam, warns case could trigger $40m damages, shake Zambia’s market credibility

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In a landmark courtroom victory, Bank of Nevis International Limited (BONI), the Nigerian-owned financial powerhouse led by Chief Executive Officer Michael J. Prest, a seasoned strategic investor, emerged…