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FRAUD!! Stanbic Bank’s internal Syndicate Lures Client Into Shs.700m Fake loan Trap - The Witness Uganda
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FRAUD!! Stanbic Bank’s internal Syndicate Lures Client Into Shs.700m Fake loan Trap - The Witness Uganda
What began as a promising business opportunity offered by a Stanbic Bank relationship manager has turned into a criminal nightmare for a Kampala businessman. Nicholas Mugabe may end up behind bars, despite being a client of the bank and acting on its guidance. In 2022, Mugabe, a loyal client with a solid transaction history, was approached by Edgar Isagala, a then-senior relationship manager stationed at Stanbic Bank’s main office at Crested Tow…
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