Simaata’s Recent Sc Defeat Is A Big Learning For Conspirators

It is a known fact that for every honest businessman, there will be ten conspirators trying to defame the individual for personal profits, hatred or jealousy. Dr. Rajan Mahtani is a popular and respected businessman in Zambia and he has been facing similar conspiracies against him for many years. He has also been silently avoiding these fake news and campaigns against him, dedicating his time to more important activities like looking after his businesses and contributing towards the growth and development of Zambian communities. Even after being continuously harassed, Dr. Mahtani has rarely been seen losing his cool or acting against these conspiracies.

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However, the situation with Finance Bank Zambia became so worse that Dr. Mahtani had to step in to save the bank. The negative reputation was started by Simaata Simaata, a well-known critic of Dr. Rajan Mahtani. Simaata started tarnishing the image of the bank by giving wrongful testimonials against the bank at various law courts. He also released sensitive documents to local newspapers. All these activities were a direct violation of the agreement he signed which the bank, for which he also received a good sum. The activities created a negative imagery surrounding the bank. Even though Finance Bank has been among the top banks in Zambia, the banking industry is extremely volatile and depends on reputation and trust. The incident resulted in loss of clients and businesses for the bank. This is when the bank took the step of launching case against Simaata at Supreme Court.

The case was launched with support from Dr. Rajan Mahtani. The bank claimed that Simaata not only breached the agreement terms, but also resulted in financial loss for the bank by creating false negative imagery. After looking into the evidences, the judges arrived at the verdict that the agreement was indeed broken and Simaata was charged guilty.