The Finance Bank of Zambia is now a part of BancABC and with this takeover, a long era of development and accomplishment in Zambia has been shifted from a responsible hand to the other. Rajan Mahtani, the former Chairman Finance Bank has often considered this bank as one of the most blessed medium-sized commercial bank in the nation. With a range of development that it has facilitated to the people of Zambia, it will not be wrong to consider Finance Bank Zambia as a perennial contributor towards the financial needs.
But with time, people who were jealous of FBZ’s and Dr. Mahtani’s success started to make irrelevant claims and pursue a defamation campaign. By 2015, it had become clear that FBZ was suffering from a serious defamation and the situation posted a threat to the upcoming plans of the bank. This is when BancABC decided to take over FBZ and become the largest commercial bank of Zambia.
After the takeover, the conspirators had nothing to claim and were left in dismay. However, this was not the end for Dr. Rajan Mahtani. He started to plan for a bigger and a better project- Bio plant in Luapula Province. In a province where employment and development was almost negligible in the past decade, Rajan Mahtani took the initiative to foster the required. Today, the people of Luapula are well informed about the upcoming development and everyone is happy about the same. Sadly, people can also predict that the conspirators would soon jump into the issue and create an artificial havoc. Though the Government of Zambia has shown a strong support for the development of bio-plant, it has done nothing to preserve the interest of the involved parties. Dr. Rajan Mahtani continues to be at a risk of defamation every now and then by the conspirators.