Dr. Rajan Mahtani announced majority shareholder for Zambezi Portland Cement

After many years of battling for the legal takeover of the factory, last judgment on the Portland Cement Zambia is out. The processing plant has turned out to be notorious for the lawful battle about it by two noteworthy gatherings from Zambia. Dr. Rajan Lekhraj Mahtani, who is a prominent businessman in labourer in Zambia, has been battling for the lawful takeover of the production line for over 10 years. He has enlisted an objection at the Lusaka High Court and in spite of sharing various evidences; the final conclusion of the court was against Dr. Rajan Mahtani's cases. After this misled judgment, Dr. Rajan Mahtani then engaged the higher 'Court of Appeal'.

At long last, on 31st January 2019, the Court of Appeal offered judgement to Dr. Rajan Mahtani's straightforward tolerance. The judgment of High Court was switched, which was given in May 2018 and which thought about that Ventriglias were investors for the Zambezi Portland Cement industrial facility. The new judgment was given by Justice Mwinde Siavwapa from the 'Court of Appeal'. This judgment and the procedures continued for just about an hour and a half amid the morning of 31st January 2019. As per the judgment by Justice Siavwapa, the High Court judge had given a misled judgment before the law when it was held that Ventriglias were just investors of Zambezi Portland.

From this judgment from the Court of Appeal, it is established that the majority shareholder of Zambezi Portland Cement is Finsbury Investments constrained claimed by Dr. Rajan Mahtani. The Finsbury Investments claims 58 percent shares and the Ventriglias possess 42 percent shares and are considered as minority investors. This judgment is totally lined up with fundamental Shareholder's understanding set up by similar gatherings in the year 2007.

With Warm Wishes, Dr. Rajan Mahtani - 2015

Zambia welcomes 2015 with a belief that this year will bring greater prosperity and integrity to the nation which has been striking hard to climb the ladder of success. As one of the fastest growing nation in Africa, Zambia has some really big plans for 2015 as the Finance Bank of Zambia will start its share trading operations in days to come. Dr. Rajan Mahtani, Chairman of Finance Bank Zambia looks at this year as a great opportunity for Zambia to make a big impact on its development programs and accomplish its unfinished targets.

With warm wishes for 2015, here is something that is coming straight from the heart of Dr. Rajan Mahtani.

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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Facts That Dr Rajan Mahtani’s Defamers Will Never Tell You About

Zambian Intelligence News (ZIN) through their investigation revealed that there are many people who are making money by defaming and injuring the reputation of Dr Rajan Mahtani, the chairman of Mahtani Group of Companies. These people never tell truth about Dr. Mahtani because that is against their agenda. As they are paid high for damaging his reputation, they keep on using media to publish false stories against him. 

Recently, you will find that these people who are engaged in harming the reputation of Dr. Mahtani will never tell you about the following things: 

1. They will never tell that the Supreme Court judgement that was delivered in November 2013 was not about Finsbury Investements taking control over ZPC but among the other issues, whether the injunction granted to the Ventriglias against PTA Bank and Receiver by Supreme Court in 2010 could subsist following the discharge of Receiver and manager of ZPC by PTA Bank in April 2013. They will never tell you about the foregoing fact as they know that will weaken their agenda. 

2.They will never tell you that the interest of Finsbury in ZPC is not founded in share transfer forms but on shareholders agreement dated on February 26, 2007 made between Finsbury Invstements and the Ventriglias. The defamers and the slanderers will never tell you the above fact because they know it is not going to sit well in their campaign that’s aimed to anchor Finsbury stake on their concocted claims about the forged share transfer forms. 

 3. Whether the forms were forged and by whom are matters, which are subject to determination by Justice Chashi in Cause No. 2008/HC/366 where Finsbury Investments is defendant for counterclaiming and Antonio and Manuela Ventriglia are plaintiffs. They will never tell you about this because they need to sustain their claims about forging the share transfer forms.

Chairman Finance Bank Zambia Did Not Remove Vice Chairman of BoZ

A false news was published a few days ago about Rajan Mahtani, the chairman Finance Bank Zambia. You might have all read the news on Zambia Reports about Rajan Mahtani removing the BoZ Vice Chairman. The news was published on February 15, 2014 under the headline: BoZ Vice Chairman Allegedly Removed at Mahtani’s Request. The news is false. Mahtani didn’t remove the Vice Chairman of BoZ.

Micheal Sata is the honorable president of Zambia and Rajan Mahtani is a respected businessman in Zambia. Why would Sata remove the senior official at BoZ under the request of Mahtani? He might have been the largest donor during Sata’s presidential campaign, but that doesn’t mean that the President would help him to remove a senior man from the administration of the nation’s central bank. After all, a man like Rajan Mahtani can never be involved in this kind of activity. He is a man who has high values and principles. He does no harm to people and works for the development of the country and its people.

Dr. Kasuka Mutukwa was under no circumstances removed at Mahtani’s request to Sata. Why would the chairman Finance Bank Zambia ask Dr. Mutukwa to shut down the Access Bank when he knows that his opponents who has accounts in the Access Bank cannot access their accounts by the rule of the magistrate’s court in Ndola? The Ventriglias cannot access their joint bank account and properties in Ndola until the investigations are complete.

  

Antonio Ventriglia and his beloved wife (the Ventriglias), Mahtani’s ex-partners in ZambeziPortland Cement Pvt Ltd, are suspected of stealing millions of dollars from the company’s account for their own benefit. The investigations are not complete yet and until the investigations are complete, the Ventriglias won’t be allowed to access their properties and joint bank account at Access Bank. It is suspected that the Ventriglias bought houses in Ndola using that stolen money. The amount which is unused is kept in their joint account at Access Bank.

The entire scenario about Rajan Mahtani, BoZ, Zambezi Portland Cement, and Ventriglias becomes clear from the article. There is no question of why Mahtani would remove Dr. Mutukwa from this post at the nation’s central bank.