Shareholders of the Guyana Bank for Trade and Industry (GBTI) were last evening assured that the bank would recover the $941 million lost in a fraudulent transaction allegedly conducted by gold dealer Saddiqi Rasul.
“We will recover the money, we will have justice. This board is committed to making good the loss,” Chairman of the Board of Directors Robin Stoby SC told those gathered at the bank’s Annual General Meeting (AGM).
Stoby used the occasion to explain the situation, which he said was a cause for concern for both board members and shareholders alike.
