Crooks who stole Meridian bank money take over Intermarket bank

Crooks who stole Meridian bank money take over Intermarket bank

ON PF and Madison taking over Intermarket banking corporation, one citizen says:

Madison Group???. The same Madison group owned by Lawrence Sikutwa, in the photo below.

Has the government forgotten that Sikutwa was a director of Meridian BIAO bank, a bank that collapsed because the directors syphoned depositors money and hid the monies in offshore accounts for the directors benefit…The government of chiluba tried a similar arrangement as mutati is proposing..$90 million dollars of tax payers money was pumped into meridian to save the bank but alas the banks closed a few weeks later?.The director of Meridian, among them Andrew Sardanis, Lawrence Sikutwa, Faustina Kabwe and others ended up rich men and stated companies such as access financial services, Madison, chaminuk etc..Zambians never learn from their mistakes, here we are again giving the same bunch of people another bank into which the government intends to pump millions of dollars in tax payers money…Money which will soon disappear and end intermarket will soon close again..

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