[fusion_text]TETRAD Investment Bank mired by a negative core capital to the tune of US$38 million, is facing collapse due to non-performing loans accounting for 99 percent of the loan book, the bulk of which were made to related parties with no security.
A related party transaction involves a business deal or arrangement between two parties who are joined by a special relationship prior to the deal, such as a transaction between a major shareholder and the corporation…[/fusion_text][button link=”http://www.financialgazette.co.zw/insider-loans-cropple-tetrad/” color=”default” size=”” type=”” shape=”” target=”_blank” title=”” gradient_colors=”|” gradient_hover_colors=”|” accent_color=”” accent_hover_color=”” bevel_color=”” border_width=”1px” shadow=”” icon=”” icon_position=”left” icon_divider=”no” modal=”” animation_type=”0″ animation_direction=”left” animation_speed=”1″ alignment=”” class=”” id=””]To See Full Story Click Here[/button]