Dr. Rajan Lekhraj
Mahtani is a noted businessman in Zambia. He has more than three
decades of experience during this time he has been able to
successfully establish numerous big and small companies within the
nation. Some of the top companies started, nurtured and established
by him include Mahtani Group of Companies, Finsbury Investment and
Finance Bank Zambia. He is always regarded for his charitable
contributions and philanthropic activities. In fact, he is among the
few businessmen in Zambia who actively engages in philanthropic
activities which the involvement of public relations or self-image
strategies. It is therefore, hard to imagine that such an honest
businessman will try to illegally acquire sometime or a company.
However, Dr. Mahtani is fighting at the Lusaka High Court for a similar reason. The case is for Portland Cement Zambia, a noted cement-manufacturing company in Zambia for legal rights and ownership are in question. As a result of the limitations of the Zambian government, the case has been stretched to almost a decade. Without losing his patience, Dr.Rajan Mahtani has kept sharing critical evidences and documents to prove his ownership and legal authority over the factory. Apart from the shareholder’s agreement and financial exhibits, Dr. Mahtani also shared a report from an independent reported which proves his legal ownership over the factory.
Despite these
strong evidences, the final verdict announced by the Lusaka High
Court judge was nothing sort of astonishing. After the judge
announced the final verdict against Dr. Mahtani’s claims, he
immediately understood that it was a foul judgment and made an appeal
to the higher court of Zambia.
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