DEC ACC’s Arrest of Rajan Mahtani for Alleged Money Laundering Was Indeed Not Right

An investigation was conducted a few years before on Rajan Mahtani and it was found out by the Anti-Corruption Commission (ACC) of the DEC (Drug Enforcement Commission) that the present chairman of Mahtani Group of Companies Dr. Rajan Mahtani was involved in a money laundering activity for which they arrested him. However, this was completely a false allegation against the chairman as he was never involved in any kind of money laundering activity or flouting the Banking and Finance Services rules.

The alleged money laundering and the hype by the online media over the false matter for which Rajan Mahtani was arrested, had tarnished his image a lot.  The Commissions should have investigated much more before taking any such decision. It was claimed that Dr. Mahtani was involved in looting K80 billion but it was a malicious ploy against him in which he became the victim.

It was later found out by Dr. Mahtani and his associated and lawyers that a malicious campaign has been launched against him. It is right from then that one after another he is facing challenges and trying to meet them with courage and faith in God.

John Nyawali, the Public Relations Manager of DEC in 2010 while arresting Dr. Mahtani said, “The Commission would like to warn that it will investigate and prosecute anyone involved in money laundering activities regardless of their status in society to ensure that the economy of the nation is protected.” But have they done their duty? Because recently, a few months before, it was found out that the Ventriglias while ruling supreme at the cement manufacturing firm of Zambezi Portland Cement, one of the members of Mahtani Group of Companies, looted about forty million US dollars. They did that during 2008-2014. The money was externalized to their offshore accounts. Some of the money was also used for hiring one of the best handwriting experts for pinning down Dr Rajan Mahtani. It has also been found that the looted money was used for bribing the politicians as well. Even after knowing all these things, what was the step that the DEC took against the Ventriglias??