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I’m not sure there is too much you can do. Politely thank them for their time, but will have to move on due to the compensation range. I’d agree their time was definitely wasted, whether on purpose or an honest mistake is anyone's guess right now.
Personally, I would complain to the MD/CEO. If things are not right in terms of internal practice, it does need to be highlighted concisely and to more senior people within the business. It's not right that you have wasted several hours and been mucked around like this.