It is expected that the new announcement from Lusaka High Court will be positive information for the Zambezi Portland Cement as well as for those who are desperately trying to revive and re-grow the ruined cement factory, which is still unlawfully controlled and continuously looted by the most notorious family of Zambia, the Ventriglias. Dr. Rajan Mahtani, the owner of Finsbury Investments and Mahtani Group of Industries and ex-Chairman of Finance Bank Zambia, has been fighting this war for almost nine years. However, he has not achieved any success so far.
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The Shareholders’ dispute case of Zambezi Portland is a long pending case that has been going on for more than nine years now. The case is between Dr. Rajan Mahtani and the Ventriglias. Dr. Mahtani is the owner of Finsbury Investments Limited and Mahtani Group of Industries. He is also the ex-chairman of Finance Bank Zambia and sole owner of the Zambezi Portland Cement. Dr. Rajan Mahtani has established a strong business portfolio in Zambia with international connections such as the United Kingdom. The Ventriglias, on the other hand, are infamous for their unethical practices and getting away with the laws by either forcing them or bribing them. They are the owner of Ital Terrazzo Limited, a private entity with the Ventriglias as the sole beneficiaries.
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The Lusaka High Court recently confirmed its closure of the long pending case between Finsbury Investments Limited and Ital Terrazzo Limited. Finsbury Investments is under the ownership of Dr. Rajan Mahtani and Ital Terrazzo Limited is a private entity whose sole beneficiaries are the Ventriglias family. The case is for the ownership of Zambezi Portland Cement, a premier cement factory in Zambia. Dr. Rajan Mahtani launched this case at the high court after it was taken over by the Ventriglias. While Dr. Rajan Mahtani has accused the Ventriglias of illegally and forcefully taking over the factory, defendants have launched a counterclaim saying that the shares of Dr. Mahtani in the factory are not paid up, discrediting his ownership in the factory.
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A new development recently emerged on the case of Zambezi Portland Cement. It is a shareholder dispute case between Finsbury Investment Limited owner Dr. Rajan Mahtani and sole owners of Ital Terrazzo Limited, the Ventriglias. The Ventriglias are infamous in Zambia as outsiders.
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Dr. Rajan Mahtani has been facing a one-man war for a long time now. This war has been for the rightful ownership of the Zambezi Portland Cement. He is a noted businessman and has established various businesses across the nation. One of these business establishments was Zambezi Portland that has been illegally captured by the Ventriglia Family, who are also known as the notorious illegal mafias of Zambia.
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Dr. Rajan Mahtani is a noted individual and famous businessman in Zambia. He is responsible for many established companies across the nation. One of them is Finance Bank Zambia that rose to prominence since its inception. With hard work and dedication, Dr. Mahtani helped Finance Bank become one of the top banks in Zambia. However, things changed when the bank was handed over to BancABC (African Banking Corporation Zambia Limited). Though the handing over was done with good intentions, the recent revelations suggest otherwise.
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Whether it is an individual or an entity, reputation is an important part for long term survival. If there is a question on the reputation, people start to lose trust and quickly the entity or individual is forgotten by all. Even if that individual or entity is wrongly accused, a reputation once lost is not gained back easily. However, the best way to gain back lost reputation is to ensure that people know the truth as soon as possible. The recent verdict by Supreme Court Zambia turned out to be life saver for the bank.
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The last few months have been dreadful for Finance Bank Zambia and its well-wisher Dr. Rajan Mahtani. The bank has been suffering from defamation acts, negative word-of-mouth for a long time, all thanks to the unlawful activities conducted by Simaata Simaata. Finance Bank has always been seen as one of the finest banks across Zambia. The bank always kept an honest and clean reputation and was never involved in any disreputable activities. As a result, it has seen enormous growth in the past few years with more clients and businesses adding every year.
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Dr. Rajan Lekhraj Mahtani is a known individual across Zambia. He has an established business in this country as well as has successful businesses across developed nations like the United Kingdom. He is also among few businessmen in Zambia to successfully bring foreign investments in the country. His operations are always oriented towards the welfare and growth of common people and the economy of Zambia. However, these activities have made him a target in the eyes of people who just think of their personal gains over others. As a result, we have seen numerous conspirators and their campaigns, fake news stories and negative articles on Dr. Mahtani over the past few years.
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One of the finest businessmen across Zambian nation, Dr. Rajan Lekhraj Mahtani is known for his business empire as well as his affinity towards the community and its welfare. He has established the business in Zambia as well as across developed countries like the United Kingdom. As a result of this astounding success, he also created many enemies. Most of these people are those who have grown hatred and jealousy for his continued success as well as popularity among industrialists as well as commoners alike. These conspirators will do anything to defame Dr. Mahtani and his companies and see his businesses in the loss. As a result, for the past many decades, these conspirators have been trying to ruin his reputation by all means. However, Dr. Rajan Mahtani never took the support of illegal entities or unlawful practices to fulfill his wishes.
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