he judge from the Court of Appeal made an extraordinary announcement on 31^st January 2019. As per this announcement, Dr. Rajan Mahtani is the actual owner and majority shareholder for the Portland Cement Zambia limited. This is the same factory which was being contested by twp biggest business houses in Zambia for the past ten years. After the factory was illegally taken over from Dr. Mahtani, a case was launched at the Lusaka High Court and since then, numerous court proceedings and hearings took place for a time period of ten years. Last year in May, the judge overseeing the case at the Lusaka High Court gave a final decision that the Portland Cement Zambia belonged to the Ventriglias. This decision shocked majority of the people as Dr. Rajan Mahtani had all the documents and evidences to prove his legal claim over the factory.

Finally, the truth was revealed on 31^st January 2019 when the judge from the Court of Appeal announced that Dr. Rajan Mahtani is the majority shareholder and therefore, the legal and only owner of the Portland Cement Zambia factory. The judge, Justice Mwinde Siavwapa, also announced that the Lusaka HC judge was wrong in giving a misleading judgement when he announced that the Ventriglias were only shareholders of Portland Cement. When in reality, this decision was entirely false.

As per the latest announcement, Finsbury Investments Limited owned by Dr. Rajan Mahtani is the majority shareholder with 58 percent shares. At the same time, the Ventriglias are the minority shareholder for the factory with 42 percent shares. This shareholding pattern aligns with the original shareholders agreement which was established in the year 2007 and was signed by all parties. The Court of Appeal, after giving the judgement, also announced that the timeline for completing all regularization process for all share sales is three months from judgement date.