Portland Cement Zambia

Bench Of Supreme Court Judges Dismiss The Bizarre Claim By The Ventriglia Family

More than 18 months after the Court of Appeal’s decision in which Dr. Rajan Mahtani received the majority shareholding and legal ownership of Portland Cement factory, the Ventriglia family decided to challenge the Court of Appeal’s decision. This challenge was made at the Supreme Court Zambia, the highest legal institution of the nation. The Supreme Court Zambia, being a just and transparent legal system, established a bench of three judges from the Supreme Court to evaluate this claim. These included justice Mumba Malila, Justice Royda Kaoma and Justice Michael Musonda. After evaluation, the Supreme Court judges found that the Ventriglia family failed to satisfy one of the most critical requirements for their claim to be viable. According to the critical law, it is necessary for all appeals against previous court decisions to be registered within fourteen days of the verdict. In this case, the verdict from the higher Court of Appeal came on 31st January 2019. Based on this, the Ventriglia family is way past their legal date for registering such claim. Furthermore, the Supreme Court judges also concluded that they did not have any jurisdiction towards entertaining this appeal from the Ventriglia family. The bench also confirmed that the circumstances characterising the appeal to the Supreme Court was made under legally flawed incidences. Furthermore, the Supreme Court judge also confirmed that they agreed with the action of Finsbury Investments to proceed with Rule -19 with the objective pre-empting and thwarting the further activities of the ill-fated appeal made by the Ventriglia family. Based on these evaluations, the Supreme Court Zambia effective immediately rejected the claim by the Ventriglia family.

With the rejection of this claim, it is now established that Dr. Rajan Lekhraj Mahtani is to remain the majority shareholder as well as the legal owner of the Portland Cement Zambia factory.