Dr. Rajan Mahtani clarifies on his connection with Politian, Bishop Mambo the culprit

Dr. Rajan Mahtani has always been in the limelight for Zambia. Sadly, the reason is not always associated with a good cause as many unscrupulous people often try to post negative thoughts in order to defame this eminent personality in Zambia. Recently, Bishop Mambo, a member of the Board (Mahtani Group) commented about a linkage between his Chairman of Finance Bank, Dr. Rajan Mahtani and the Finance Minister of Zambia, Hon. Alexander B. Chikwanda M. P. However, the same was dealt with utmost seriousness when it was brought to the notice of the accused as there was no internal linkage between the two.

The Reason

Dr. Rajan Mahtani has always remained faithful to his religion, Christianity. He obeys every discipline and looks forward to make Zambia a better place to live in with consideration for employment opportunities and developments. Given this potential, he also ensures that he praises other people too who are in the same league. Hon. A. B. Chikwanda M. P., the Finance Minister of Zambia is a man of principles who abides by integrity, honesty and hard work. Given these qualities, Dr Rajan Lekhraj Mahtani couldn’t resist praising the man for his good work. However, the same relation has been used to portray a different view in front of the locals as well as other countries.

Growing efforts of defamation on Dr. Mahtani

Apart from the recent allegation, Dr. Mahtani has been in the hit list for impersonators as they have also prepared certain fake email address using, Gmail service provider, in the name of the accused and have been using them as a medium to defame the personality. This news reached Dr. Mahtani few days ago and he is looking into this matter with extreme precision. The official email address of Dr. Mahtani is not created on Gmail and moreover, most of the communications are executed over by the phone.

The current events have unfolded the darker side of fame where some people are continuously trying to pull down a pioneer of development.  Hence, the question that is required to answer is whether Zambia wants development or struggle with poverty?

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Zambia Reports Faces Closure For Dr Rajan Mahtani

Do you read Zambia Reports, the tabloid of Zambia? On December 19, 2013, a news was published against Rajan Mahtani again just to tarnish his reputation in the country. This time the powerful businessman took legal action against the persons who are involved in damaging his image. Evans Muenga under the headline ‘Mahtani Loses Arbitration Claim against Ventriglias’ published the  news, which is false. Legal actions are taken against Dickson Jere, its owner, Evans Mulenga, the Ventriglias, Mohammed Salama, Odys Mandenakis and many others.

Though the state of adjudication is that all the parties revere the ruling, Ventriglias still chose to get the news published. A complete scrutinization have been done on the 107 page document to expose the truth.

Have a look at the true story:

•    Nothing is there in the Award prejudicial to the credibility or image of Dr Rajan Mahtani, in relation to Credit Suisse or Finance Bank Zambia. The ridiculous allegations by Ventriglias on the criminal and forgery activity have been discharged by Tribunal. There is in fact nothing in Award, which prejudices Rajan Mahtani’s status in any Zambian litigations relating Portland Cement Zambia.
•    The charges related to FBZ has proved to be false because the Bank is acquiescent to all the rules of Banking & the Financial Services Act.
•    As far as the issue of Steven Singleton is concerned, it is under trial.
•    The Tribunal determined that Barclay’s facility is to be paid by the Zambezi Portland cement and not Ventriglias family.
•    On ZPC’s ownership, the Supreme Court of Zambia has already given a landmark ruling on November 2013. The status of the company has already been ratified.
•    The Tribunal has found out that the Antonio Ventriglia who claims to be a foreign investor in Zambia is actually a borrower under Agreement. However, the invalidity of the form means the claim falling under guarantee of Barclay’s facility.
•    The Tribunal has directed each and every part to put up with its own costs.
•    The Award has been crafted deligently. It only addresses the matters it considered to be relevant. Thus, in a lot various respect, it doesn’t give any root to Ventriglias family to exploit it in any other legal proceedings in relation to the suspected issue of forgery. The same is true when it comes to Ventriglias’ criminal organization quarrel.
•    With regards to shareholding, they’ve expressed Finsbury Investment, one of the Mahtani Group of Companies, as a shareholder.