Dr. Rajan Lekhraj
Mahtani is a noted businessman, philanthropist and charity worker in
Zambia. With more than three decades of experience, he is among the
most popular, noted as well as knowledgeable businessman and
industrialists in Zambia. He is responsible for some of the top
companies in Zambia, such as Finance Bank Zambia, Mahtani Group of
Companies and Finsbury Investments. All these companies are also
noted for their works for the less privileged sections of the
society. Furthermore, he has numerous philanthropic and charitable
activities under his name. Despite these achievements and influence,
Dr. Rajan Mahtani has never tried to use his power of popularity for
business gains or personal profits.
For the past ten
years, Dr. Rajan Mahtani has been fighting the case of Portland
Cement Zambia, a cement manufacturing factory in Zambia. Dr. Mahtani
started the factory and also held the leadership position during
which the factory flourished significantly. However, the condition of
the factory is questionable since the case was registered at the
Lusaka High Court. Furthermore, Dr. Rajan Mahtani has shared numerous
evidences and testimonials to support his claims. Some of these
evidences included signed shareholder’s agreement, testimonials
from several important members associated with the factory, financial
exhibits as well as audit report conducted by an independent auditor.
All these evidences were sufficient enough to prove that Dr. Mahtani
is the real owner of the factory.
However, the
entire team and onlookers were shocked when the final judgment was
given against Dr. Rajan Mahtani’s claim. Dr. Mahtani has now
launched another appeal to the higher court of Zambia against this
decision made at the Lusaka High Court.
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