Dr. Mahtani Conferred With The Highest Corporate Award In Africa

 

After several years of committed provider in the direction of the Zambian nation, Dr. Mahtani’s contributions had been finally identified. Dr. Mahtani is a noted Zambian-primarily based businessman with more than four many years of successful enterprise ventures and entrepreneurial ventures. Dr. Mahtani was currently invited to one of the pinnacle business meetings in Africa. It turned into the Forbes-FIN (Foreign Investment Limited) philanthropy and management roundtable convention, committed to setting up a platform for spotting philanthropic achievements, figuring out the contemporary gaps as well as developing ideas and innovations for development, and attaining lengthy-term empowerment across Africa. The Forbes-FIN was additionally an important platform for collecting finances, economic guide, and securing investment for several ongoing as well as future initiatives throughout Africa. Dr. Rajan Lekhraj Mahtani changed into invited to this event as an honorary speaker and spoke about the significance of leadership in healthcare. The 2021 Forbes-FIN leadership conference was held simply due to the continuing pandemic and participants participated in this event from their respective positions. Dr. Rajan Lekhraj Mahtani participated in his office conference.

Just like the Forbes-FIN event, the conference also became famous for the inclusion of the Forbes ‘Best of Africa’ awards ceremony. It is one of the top philanthropy and leadership awards across Africa and is given to leading lights in the field of business, leadership, and philanthropy. Apart from being invited to the Forbes-FIN roundtable conference, Dr. Rajan Mahtani was also conferred with one of the most prestigious corporate awards by Forbes in Africa. For his significant contributions towards redefining the banking sector of Zambia, Forbes conferred Dr. Rajan Mahtani with the ‘Outstanding Entrepreneur of the Year’ award 2021. Dr. Rajan Lekhraj Mahtani accepted the award in a humble manner and thanked Almighty God as well as his teams for their support and performance.

Dr. Rajan Lekhraj Mahtani Receives Celebrated Forbes Award

 

Dr. Rajan Lekhraj Mahtani, a noted businessman, philanthropist, and charity worker from Zambia, become currently conferred with one of the top prestigious awards in Zambia. Forbes is a main enterprise magazine throughout the globe and is thought for presenting several lists of effective men, companies, celebrities, and other ranks. In a comparable way, Forbes in Africa is understood for its Forbes ‘Best of Africa awards. These awards are provided to businessmen, entrepreneurs, and visionaries with a protracted-time period vision in the direction of philanthropy to obtain empowerment across the African subcontinent. The 2021 Forbes ‘Best of Africa’ awards had been offered over the once-a-year FIN (Foreign Investment Network) philanthropy and leadership roundtable conference. This year, the management roundtable conference turned into held clearly to comply with the social distancing and lockdown restrictions due to the continued coronavirus pandemic. Dr. Rajan Lekhraj Mahtani turned into invited to this event as an honorary speaker and spoke approximately the importance of management in healthcare.

The FIN philanthropy and leadership roundtable conference also included the globally recognized Forbes ‘Best of Africa’ awards. The awards are presented to visionaries, entrepreneurs, and leading businessmen with significant contributions towards long-term philanthropy works. The ‘Best of Africa’ awards are a high-value category as the selection process is extremely transparent and rigorous. The process comprises months of background checks, verification processes as well as discussions and interviews with the recipients to understand their perceptions and long-term view of philanthropy to achieve African empowerment. Dr. Rajan Mahtani was conferred with the Forbes ‘Outstanding Entrepreneur of the Year award. Forbes recognized the contributions of Dr. Mahtani towards redefining the banking sector of Zambia. He was also the only businessman from entire Zambia to receive this prestigious award.

Forbes Philanthropy Award Presented To Dr. Rajan Mahtani

 

Dr. Rajan Lekhraj Mahtani was recently conferred with Forbes ‘Best of Africa’ awards. The award ceremony was conducted during the FIN (Foreign Investment Limited) leadership and philanthropy roundtable conference. This annual conference, which usually takes place in New York, was held virtually because of the ongoing coronavirus pandemic. Dr. Rajan Mahtani was invited to this conference as an honorary speaker. For Forbes-FIN conference saw participation from members from different business and industry backgrounds including international business communities, spiritual leaders, political leaders, opinion leaders, entrepreneurs, businessmen, media partners as well as international investors. The FIN leadership and philanthropy event also hosted the Forbes ‘Best of Africa’ award ceremony. It is one of the most notable and highly anticipated award ceremonies across entire Zambia. The awards recognize and celebrate the people who have made significant investments in the field of philanthropy to achieve long-term empowerment across the African sub-continent. The awards are highly anticipated as well as highly regarded due to two major reasons. The first reason is that the awards are created and given by Forbes which is among the top business magazines across the globe. Forbes is known for its significant rankings and lists which are known worldwide. Secondly, the selection process for the recipients is rigorous and transparent, involving months of the verification process and background checks by both FIN and Forbes. This is followed by interviews and discussions with the recipients to understand their views on philanthropy to achieve empowerment across Africa.

Dr. Rajan Mahtani was conferred with the Forbes ‘Outstanding Entrepreneur of the Year’ award 2021. Dr. Mahtani received this award for transforming the banking sector of Zambia. He is also credited for several philanthropic contributions including Prison Fellowship Zambia and Stephen Malama award and scholarship for top law graduates in Zambia.

Dr. Mahtani Wins Prestigious Forbes Award

 

Dr. Rajan Lekhraj Mahtani, a noted businessman and philanthropist in Zambia, was recently conferred with one of the most prestigious philanthropy and leadership awards in Zambia. This award is Forbes ‘Best of Africa’ awards which was organized by Forbes in partnership with Foreign Investment Limited (FIN). Forbes is one of the top business magazines across the globe and therefore, the award carries significant weight along with global recognition. Furthermore, the process of selecting the awards is extremely transparent yet rigorous. The process involves months of verifications and background checks by both Forbes and Fin. This is followed by interview and discussions with the potential recipients regarding their views and perceptions towards philanthropy to achieve long-term empowerment for Africa, its economy as well as its people. As a result, the annual Forbes ‘Best of Africa’ awards is a highly anticipated and regarded award ceremony for business Africa.

This year’s Forbes ‘Best of Africa’ awards was a part of the FIN philanthropy and leadership roundtable conference. This is an annual conference which sees participation from international business communities, political leaders, spiritual and opinion leaders, entrepreneurs, businessmen, media partners as well as international investors among years. Dr. Rajan Mahtani who is well known as one of the top businessmen in Zambia and Africa, was invited in this roundtable conference as an honorary speaker. As a result of the ongoing coronavirus pandemic, the event was held online, and members participated in this event from their respective locations. The awards were also conferred to the participants online. Dr. Rajan Mahtani was recognized by Forbes for his significant economic and philanthropic contributions as well as redefining the banking sector of Zambia. For this, Dr. Mahtani was conferred with the Forbes ‘Outstanding Entrepreneur of the Year’ award 2021.

Dr. Mahtani Received Forbes Africa Corporate Award

Dr. Rajan Lekhraj Mahtani is one of the most respected and noted businessman in Zambia. Dr. Mahtani was recently conferred with one of the most prestigious business awards in Zambia. It was the Forbes ‘Best of Africa’ award 2021. The award ceremony was developed by Forbes, one of the top business magazines across the globe. The awards is given to recipients who have made significant and long-standing contributions towards philanthropy as a source for achieving empowerment within the African subcontinent. Dr. Rajan Lekhraj Mahtani was conferred with the Forbes ‘Outstanding Entrepreneur of the Year’ award for his significant achievements towards transforming the banking sector of Zambia. 

Dr. Mahtani was recognised by Forbes for his immense business and philanthropic contributions. Dr. Mahtani is a noted businessman with several top companies under his belt. One of the top companies include Mahtani Group incorporated in the year 1981. Since then, the company has transformed itself into one of the top conglomerates across Zambia. The Mahtani group not only expanded to several locations apart from Zambia including South Africa, Malawi and international locations; but also expanded its reach to several sectors such as agriculture, energy, real estate, mining, insurance and banking. Across all these sectors, Dr. Mahtani’s company worked towards improving the social and economic standings with contributions like employment and livelihood opportunities improving the social status and overall industry standards. 

In a similar manner, Dr. Rajan Lekhraj Mahtani is credited for several philanthropic and charitable contributions. For instance, Dr. Rajan Mahtani founded the Prison Fellowship Zambia for justice and welfare of the inmates. Similarly, Dr. Mahtani contributed to the education sector with development of the Stephen Malama award and scholarship for top law graduates in Zambia. 

Dr. Rajan Lekhraj Mahtani Lauded By Top Law Graduate; News Article Released

 Dr. Rajan Lekhraj Mahtani has been working for the welfare of the Zambian nation for a long time. Since his early establishments and early successes, Dr. Rajan Lekhraj Mahtani has been actively involved in philanthropic and charitable activities. These contributions range from education, societal, community and environmental protection. Most of his contributions are private and Dr. Mahtani hardly advertises his contributions and philanthropic activities. Dr. Rajan Mahtani  has been actively involved in the educational sector with significant contributions. 

One of the major contributions by Dr. Rajan Mahtani in the educational field was the establishment of the Steven Malama Award. This award was established by Finance Bank Zambia which is chaired by Dr. Rajan Lekhraj Mahtani. The award was established in the year 2013 in the memory of the late Steven Malama, a noted law professional and distinct member of the bar. To honour the several contributors of Malama who has been a role model for many legal professionals, this award is given on an yearly basis to the top graduating student from the ZIALE (Zambia Institute of Advanced Legal Education). The winning graduate must also qualify for the Bar in their first attempt for being eligible for the award. For the year 2019, this award was received by Emmanuel Bwalya Kaluba. To share his gratitude, Emmanuel shared an article in the ‘Reader’s Forum’ section of the Daily Mail. In this article, Emmanuel thanked Dr. Rajan Mahtani for his significant contribution and recognising the talent, passion and dedication of the graduating law students. The award carries a plaque, a certificate as well as prize money worth K15,000 which has solved financial burden for many students from less privileged sections. 

Dr. Mahtani Challenges The Lusaka High Court’s Decision On Portland Cement

Just a few months back, the judge overseeing the Portland Cement Zambia case announced that the case hearing is closed and the final verdict will be given based on the written and oral evidences submitted by both parties. This was extremely positive news for Dr. Mahtani and his lawyers as over the long trial of 10 years of the case, Dr. Mahtani has submitted numerous documents and evidences which are sufficient to prove his rightful ownership over the factory. Some of these documents were signed shareholder’s agreement, financial exhibits, and reports clearly indicating investment of more than USD 12 million over the factory’s development as well as audit report from an independent auditor. As per this audit report, the Portland Cement Zambia factory was established as a joint venture and Dr. Rajan Mahtani was the sole joint venture partner of the factory. It is clear from these evidences that the only reason the case stretched so far was the limitations of the government and law making bodies as well as difficult relationship between the two parties fighting for the case.

The final verdict which was announced few weeks earlier was nothing less than a shocker. As per the final verdict, the judgement was given against Dr. Mahtani’s claims. This clearly indicates that the judge did not even consider the evidences and testimonials submitted by Dr. Rajan Mahtani. It was essentially a shocker for all onlookers and experts. As of now, Dr. Mahtani has considered this judgment to be a sham and has appealed to the higher court of Zambia against this misdirected judgment made at the Lusaka High Court. Reply is awaited from the higher court of Zambia.

Dr. Rajan Mahtani Not Dejected By Unjustified Action From Lusaka HC, Takes Action

Portland Cement Zambia is a cement-manufacturing factory is Zambia that has been going through difficult times in the past few years. As per the reports, it was established and run under the leadership of Dr. Rajan Lekhraj Mahtani, a noted businessman, charity and social workers and a philanthropist. Experts say that the factory was flourishing during the initial years with higher than average production, profits as well as better than industry- average salary and wages for its employees, workers and staff. It quickly became one of the best-known manufacturing plants in the province; until it was taken over illegally. That is when Dr. Rajan Mahtani registered the case at the Lusaka High Court, instead of using the similar tactic of goons to take back the factory.

Unfortunately, it has been ten years and no decision has yet been established on the case. Numerous ups and downs were observed during the trial and numerous evidences and documents were submitted, majorly by Dr. Rajan Mahtani and his lawyers. These include signed shareholder’s agreement, independent audit report and numerous financial and investment reports. A worthwhile progress was made few months back after the judge overseeing the case announced closure of case hearing. However, this was all but a mirage as the final verdict came and shocked everyone. The final announcement was made against the claims made by Dr. Mahtani and it seems that all the evidences were ignored. However, instead of feeling dejected, Dr. Mahtani has taken the appropriate steps and approached to the higher court of appeal to file a report against this Lusaka High Court judgment

After Final Judgment By Lusaka HC Judge, Dr. Rajan Mahtani Requests Higher Court Of Zambia

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.

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.

Dr. Rajan Mahtani Takes Unprecedented Step, Moves To Higher Court After Court Verdict

During his more than three decades of stay in Zambia, Dr. Rajan Mahtani has seen numerous ups and downs. He is among the most successful and celebrated businessmen in Zambia. His successful businesses can be found not only in Zambia but also across many foreign nations. Some of his established businesses include Finsbury Investments, Mahtani Group of Companies and Finance Bank Zambia. Yet, he is also among the most conspired upon businessmen in Zambia with numerous individuals, groups and even companies constantly trying to ruin his reputation or business. On the other hand, Dr. Rajan Mahtani has never been found to have engaged in similar conspiracy based activities or ruining someone else’s image or business for personal reputation. Instead, he has devoted majority of his time into development of his companies and the communities, philanthropic activities as well as working for the underprivileged sections of the society.

For the past ten years, Dr. Rajan Mahtani has been fighting a case at the Lusaka High Court. This case is for the legal takeover of the Portland Cement Zambia factory, a noted cement-manufacturing factory which originally belongs to Dr. Rajan Mahtani. The reason behind long pendency of the case is majorly the limitations and shortcomings of the Zambian law and government. Some good news was announced a few months ago when the judge handling the Portland Cement Zambia case concluded the case hearing and requested both parties to submit evidences, based on which final judgment was to be announced.

However, the final judgment was shockingly made against Dr. Mahtani’s claims even though most of the documents submitted suggested otherwise. Dr. Mahtani has now filed an appeal to the higher court of Zambia.

Dr. Rajan Lekhraj Mahtani Appeals To Higher Court Of Justice For Portland Cement

Dr. Rajan Mahtani is a noted businessman in Zambia and is among few industrialists who are still known for his transparent and ethical business functions. He is also a noted philanthropist and regularly contributes to the society and the underprivileged sections of the society with his charity works. For the past ten years, Dr. Mahtani has been fighting for the legal takeover of the Portland Cement Zambia factory.

During this time, Dr. Mahtani shared several evidences before the court to prove his claim over the factory. Some of these evidences included signed shareholder’s agreement, financial exhibits and audit reports from independent auditor which clearly indicated that the Portland CementZambia factory was established as a joint venture entity and Dr. Rajan Mahtani is the real and legal joint venture partner. At the same time, the financial exhibits clearly showcased that Dr. Mahtani had investment more than USD 12 million worth of money into the growth and development of the factory. These evidences were clear enough to prove that Dr. Rajan Mahtani is the legal owner of the factory.

However, the final judgment announced by the court was unexpected and unprecedented. It was given against Dr. Mahtani’s claims, even after submitting all those evidences which sufficiently proved Dr. Mahtani ownership over the factory. Not with standing this skewed judgment, Dr. Mahtani has now appealed to the higher court of Zambia. In his new appeal, Dr. Mahtani has shared all those evidences and has requested the higher court to look into this matter. Reply is awaited from the higher court as of now but Dr. Mahtani is hopeful of their judgment.

2017 African Summit A Successful Event, Dr. Mahtani’s Makes Significant Contribution

Dr. Rajan Mahtani is known across Zambia as an industrialist, businessman, philanthropist and charity worker. His companies are among the top in Zambia in terms of financial success as well as a contribution to the society. Some of these companies include Mahtani Group of Companies, Finsbury Investment and Finance Bank Zambia. Apart from establishing companies in Zambia and improving its economy; Dr. Rajan Mahtani has also established numerous successful companies across major developing nations such as in the United Kingdom. These international businesses and contacts have been utilized by him for introducing significant foreign investments as well as an influx of financial funds into the Zambian economic stream.

Dr. Mahtani always ensures that his contributions towards the society as well as his philanthropic activities are not used for public relations or improving his brand image. As a result, very of us are aware of his charitable activities especially for the environmental protection as well as working for the underprivileged sections of the society. He is also ready in any matter to help or support his industry counterparts in accomplishing these tasks.

This can be seen from his significant contribution for the successful completion of the African Forum Summit 2017. The summit was a great platform for industrialists and corporate for creating ideas and innovations. After the completion of the event, a press release was shared by the Chief Secretary of the event thanking Dr. Mahtani for his significant contribution that supported the event to its success. Apart from that, he was also praised for his humble nature and active participation in the event. He also shared his wisdom and knowledge with many young entrepreneurs attending the event.  

Lusaka High Court Shares New News for Portland Cement Zambia Case

The judge handling the Portland Cement Zambia case recently made an important announcement. As per the judge, the final hearing is closed and both parties have been asked to submit their testimonials and evidences in written and oral formats. The judge will be evaluating these documents and post evaluation, final judgement will be made. This step has been considered as a milestone for a corporate case which has been going on for the past 10 years without any results. 

Portland Cement Zambia is a cement manufacturing plant. It is legally owned by Dr. Rajan Mahtani, a noted businessman and philanthropist in Zambia. Dr. Mahtani has made a name for himself with his honest and transparent business activities, and is also famous for his charitable activities. During his leadership, Portland Cement was among the top manufacturers of cement in Zambia. The factory was also among the top industrial employers, with above-industry salary and wages for its workers and employees. However, things have changed since the factory’s illegal takeover by the Ventriglias. The factory was forcefully taken over by goons and the Ventriglias have defended themselves by saying that the shares of the factory owned by Dr. Mahtani are not paid for. However, they have not been able to share any strong evidence that supports their claim. 

Dr. Rajan Mahtani, on the other hand, has shared numerous evidences such as signed shareholder’s agreement, independent audit report and financial exhibits that sufficiently prove his rightful ownership over the factory. Though it has taken almost 10 years for the court to find a resolution, it is expected that this time, Dr. Mahtani will finally get true justice.

Lusaka High Court Makes New Announcement, Dr. Rajan Mahtani Finally Expecting Win

The latest announcement made by the Lusaka High Court has given some hope to Dr. Rajan Lekhraj Mahtani and his team, and he is finally expecting a sweeping win over the Ventriglias in the Portland Cement Zambia case. The case is among the most famous as well as longest running high-profile corporate cases in Zambia. The Portland Cement Zambia factory, which legally belongs to Dr. Rajan Mahtani, was illegally taken over by the Ventriglias. When Dr. Mahtani approached Lusaka High Court demanding justice, the Ventriglias defended themselves by claiming that the shares of the cement factory owned by Dr. Mahtani were not paid for. 

It has been 10 years now and no judgement has been given by the court, despite the fact that Dr. Rajan Mahtani and his teams have been regularly submitting evidences and documents to prove his rightful claim over the factory. Some of these documents include signed shareholder’s agreement, financial exhibits, shares report and independent audit report which clearly states that the factory was developed as Joint Venture in which Dr. Mahtani was the sole joint venture partner and the rest were only minor shareholders. This effectively makes Dr. Rajan Mahtani as the owner of the factory. Meanwhile, the Ventriglias were not able to submit any relevant documents or make their arguments stay. They have also tried to discredit Dr. Mahtani many times but have failed. 

The judge who is currently residing the case made a huge announcement recently. As per the judge, the final hearing is closed now. Both parties have been called to submit their evidences and after validating these evidences, final judgment will be announced soon.

Sakwiba Sikota, Legal Counsellor of the Ventriglias, Caught Laundering Money

Mass money laundering activities were recently reported by Financial Intelligence Centre, a financial investigation agency expertise in financial frauds. As per the reports, more than USD 1.5 billion has been caught in this scam and more amounts are expected to be involved. One of the most shocking facts related to this event is the involvement of top lawyers, legal counsellors and even ministers. It has been found that most of these lawyers and legal counsellors are laundering money for unethical activities or illegal funding for which they were getting kickbacks. This new information has certainly shocked the nation and its people.

As per FIC reports, they recorded more than 35,000 bank transactions linked with the individual as well as corporate bank accounts of the accused lawyers or legal counsellors. It was also reported that majority of these accounts were highly active during illegal activities such as illegal presidential elections, trial of Rupiah Banda for the illegal Nigerian Deal and unethical promotional activities. This clearly states that the amount laundered was used for funding, bribes or similar corrupt practices. Some of the major names involved in this scam include Masozi M. Banda and Sakwiba Sikota. Masozi M. Banda is a lawyer working for Avic International and Sikota is the owner of Central Chambers, a law firm. He is also the long-term legal counsellor for the Ventriglias, an infamous family is Zambia noted for their unethical practices and getting away from law. The Ventriglias captured the Portland Cement Zambia from Dr. Rajan Mahtani, its real owner.

Citizens and Industrialists are furious over this money laundering act and the lack of government scrutiny to identify these culprits. Strict punishment has been demanded against these accused.

Dr. Rajan Mahtani Gets Hope On Zambezi After 10 Years Fighting

The latest information shared by the Lusaka High Court is indeed good news for Dr. Mahtani and his team. He is a noted individual and businessman in Zambia and has been fighting this case for more than nine years now. He has claimed that the Ventriglias have illegally taken over the factory illegally. On the other hand, the Ventriglias have claimed that Dr. Mahtani or his company Finsbury Investments have not paid for the shares of ZPC. As a result of various issues and lack of support, the case is still pending at the court. 

While the case is going on, the major sufferer is the Zambezi Portland Factory and all those associated with the factory. Since its inception and till the time the factory was under Dr. Mahtani’s leadership, it blossomed and the productions were surplus. The factory was earning well which was evident with the more than average salaries given to its employees. During this time, the factory also became a preferred employer in the province and more people were willing to work to improve their life as well as increase the productivity of the factory. There were even talks to expanding the factory production and taking it to other provinces. However, the same cannot be said now as the condition of the factory is critical. The factory cash box has been emptied by the goons and the machines have started to erode. Workers have either left due to non-payment of wages or are still working in the hope of getting their wages back. 

It is time for the judge to look into these matters and provide sound judgment by giving the property right to its legal owner, Dr. Mahtani. 

Lusaka Hc Judgment Cheers Up Dr. Mahtani And Team

Where there is honesty, there will be corruption. Irrespective of state or country, this phenomenon can be seen across all spheres of the society. Dr. Mahtani has been facing a similar situation from the time he established his businesses in the Zambian nation. At present, he is fighting for the ownership of Zambezi Portland Cement which has been illegally captured by the Ventriglias.

The case has been going on for almost 10 years and during this time, Dr. Mahtani has submitted numerous statements, exhibits that clearly indicate his legal ownership over the factory. At the same time, the Ventriglias have always avoided court time whenever they were required to submit documents or evidence. It has been observed that by either bribing court officials or by using force, the Ventriglias have been twisting the judgment even since it was launched by Dr. Mahtani. Not only that, the Ventriglias has also tried to discredit Dr. Mahtani several times just to make their stance stronger. However, every time they tried to discredit him, the plot backfired and they have been severely warned by the judges.

The judge handling this case has announced that both parties will be submitting their evidence by December 2017 post evaluation of which, final judgment will be announced soon. This is indeed good news for Dr. Mahtani’s team and a worrisome environment can be easily seen on the Ventriglias side. It is high time for the court to make the right judgment and give back the factory to its real owner, Dr. Mahtani.  

Conspirators Of Dr. Rajan Mahtani Stepping Back With Lusaka Hc’s Announcement

Since the latest announcement made by Lusaka High Court regarding Zambezi Portland Cement, the conspirators of Dr. Mahtani and his companies have stepped back. The main reason attributed can be the announcement by the judge handling this case and the possible consequences of the case. Dr. Rajan Mahtani is a noted figure in Zambia. His establishments are well known and his companies have won major awards for their steady success and honesty contribution to the society. Even Dr. Rajan Mahtani is a noted philanthropist and has been involved in various charitable activities across the nation. In spite of his honest works and dedication towards the development and growth of the Zambian economy, he has been frequently targeted by those who are either jealous of his achievement or want to make profits out of his misery. Among them are the notorious Ventriglias who have been accused of illegally taking over Zambezi Portland Cement. 

The incident occurred almost nine years back and since then, Dr. Mahtani has been fighting a long fight at the court to gain back his rightful ownership at the bank. Over the course of last few months, he has submitted various evidences and reports stating his ownership. Some of them were signed shareholder agreement stating his 58 percent shares at the factory and audit report that clearly indicates that he is the sole joint venture partner of the factory. While the Ventriglias have counter claimed that the shares of Dr. Mahtani are not paid, but they have not been able to submit any evidence to support their claim. The judge will announce final judgement soon, once the evidence from both parties is thoroughly checked. 

The True Owner Of Zambezi Portland Cement Is Going To Come Out Soon

Honest & conspiracy are often found in the same place. Where there is honesty, people will start their conspiracies to gain profit from others. Dr. Rajan Mahtani is a noted individual and businessman of Zambia. He has successfully established various businesses in Zambia, most notably Mahtani Group of Companies and Finsbury Investments Limited. He has also established businesses across developed nations like the United Kingdom. In spite of his steady successes and Business Empire, he never resorted to unethical practices and always took the road of honesty and ethics to secure and grow his businesses.

He claimed that he is the rightful owner of the Zambezi Portland Cement. The Cement factory was taken over by the Ventriglias forcefully, almost nine years ago. Since then, Dr. Rajan Mahtani has been fighting the case for the rightful ownership of the factory at the Lusaka High Court. The latest evidence submitted by Dr. Rajan Mahtani clearly indicate that he is a much stronger contender for the bank compared to the Ventriglias. Sources have also suggested that due to this lack of evidence, the Ventriglias have often tried to discredit Dr. Mahtani and his company Finsbury in several instances. One of the instances was when Dr. Mahtani was accused of arm-twisting a shareholder. However, these allegations have been proved wrong.

It is really painful to see that even after such strong evidence; the High Court has not been able to provide a sound judgment even after nine years. It is hoped that this current progress will be significant and justice will be provided to the right contender soon.