Monday, 13 August 2018

Portland Cement Zambia Case Takes Another Turn, Dr. Mahtani Now Approached Higher court


For Portland Cement Zambia, the fight is not over yet. The cement-manufacturing factory and its legal owner are still trying to fight for the justice at the Zambian law. The case of Portland Cement Zambia is known to almost everyone associated with the Zambian corporate world. It was registered by Dr. Rajan Mahtani almost a decade back. Dr. Rajan Mahtani, who has made claims to be the legal owner of the factory, is among the most celebrated businessmen across Zambia. He is known for his successful companies such as Finsbury Investment, Mahtani Group of Companies and Finance Bank Zambia. He has also established numerous entities outside of Zambia, most notably across United Kingdom, and has continuously utilised his international contacts to bring foreign investments in Zambia. He is also an avid philanthropist and social activist and is continuously working for the development and upliftment of the less privileged sections of the society. With these achievement, career track and name for social services, it is hard to pin him as someone who will consider a conspirator move to gain control over a factory which is not his.

Still, Dr. Mahtani has been continuously fighting for the legal takeover of the factory from the court proceedings. He has even submitted numerous evidences, testimonials and financial documents sufficient enough to prove his ownership. Even after this, it took the court a decade to provide final judgment to the case.
Even the final judgment announced by the judge handling the case was shocking to say at least. The final judgment was made against Dr. Mahtani’s claims. As a result, Dr. Mahtani has now approached the higher court of appeal and made an appeal against this judgment.

No comments:

Post a Comment