Category Archives: Dr. Mahtani

Chairman Finance Bank Zambia, Chairman of Finance Bank Zambia, Dr Rajan Lekhraj Mahtani, Dr. Mahtani, Dr. Mahtani & Zambia, Dr. Mahtani and Finance bank, Dr. Rajan Mahtani, Mahtani Group of Companies, Portland Cement Zambia, Rajan Lekhraj Mahtani Zambia, Rajan Mahtani, Zambezi Portland Cement

Dr. Rajan Mahtani is no longer Chairman Finance Bank Zambia

September 13, 2016 PCZambia

With time certain things never change. In the present case, the attitude of the conspirators is an exclusive example. Newspapers, news channels, Press Releases and other media channels are flooded with the coverage of Finance Bank Zambia and BancABC’s merger, but the conspirators are still living in the era of 2014 when Dr. Rajan Mahtani was Chairman Finance Bank Zambia. It is totally strange to see that they still believe that there is some connection between Dr. Rajan Mahtani and Finance Bank Zambia. However, the presence of Finance Bank of Zambia in the present world is as real as the authors of Zambia Reports!

Yes, Dr. Rajan Mahtani was the Chairman Finance Bank Zambia in 2014, but he vacated his seat when the defamation campaign in his name started to affect the bank’s image. This is why he stepped down from the position of the Chairman in June 2015 and decided to focus on other areas. But today, it has got nothing to do with the claims that are being made by Zambia Reports. Simataa, a former employee of Finance Bank considers himself as a victim and uses cheap media tactics to draw public attention.

Zambia Reports has been bragging about the win that Simataa had at the Lusaka High Court, but never mentioned the fact that he is the same person whose inability to show his Grade 12 results became a concern for people watching his interview. How can a person who claims himself to be an expert in banking fail such a task? The bottom line is, Zambia was and is being ruled by people who have a hunger for money. They work with a view to earn money for themselves and let other suffer. People like former Chairman Finance Bank Zambia, Dr. Rajan Mahtani are suffering because they had the courage to stand up and raise their voice against this nuisance.

Simataa’s episode becomes the new storyline against Dr. Rajan Mahtani

September 7, 2016 PCZambia

By now everyone must have become aware of the fact that Zambia Reports is nothing more than a leech that believes in hanging around and attaching itself to anyone who will serve its purpose. The latest from its side reveals that Simataa is a hero for them and has rightfully won a case in the Lusaka High Court. According to them, he has been previously fighting against the former Chairman of Finance Bank Zambia, Dr. Rajan Mahtani.

However, when it comes to focusing on the truth the notorious news portal has always skipped the scene. This is because they have got nothing to do with such things. All that matters for them is writing up imaginative stories and then publishing them with a view to spread chaos. In the event of Simataa’s win, they have managed to find a perfect scope for their story as the losing party is Dr. Mahtani and Finance bank. This is why they have instantly focused on this news. More than the facts and figures, the article published by ZR tries to mock Dr. Mahtani as if it has given them bliss.

In the past few years, the whole of Zambia has witnessed similar cheap tactics implemented by Zambia Reports. No matter what the concern is, they will quickly grab the news if it related to Dr. Rajan Mahtani. Recently, they also tried to extent this defamation campaign by including Finsbury Investment.

Neither Dr. Rajan Mahtani nor any of his associates have a problem with the news published by Zambia Reports, provided the author of the article has the courage of coming out in the open and claiming the same. Sadly, all the writers operated under pseudo names and try to influence the opinion of masses in Zambia. This is how low the level of journalism has reached for Zambia Reports.

Dr. Mahtani and Finance Bank are being tortured by Zambia Reports

September 1, 2016 PCZambia

As time goes by, the people of Zambia are getting sick and tired of what Zambia Reports is doing. Day after day and months after months they have constantly been working on making story lines to defame the former Finance Bank Chairman, Dr. Rajan Mahtani. The latest from them claims that it is a habit of Dr. Rajan Mahtani to trap people in legal consequences and then he extracts money from them.

To aid one loser, another loser by the name of Simataa Simataa enters the scene as he recently wins in the Lusaka High Court. The victory is being celebrated by the conspirators as Dr. Mahtani was on the other side. This scenario simply implies a situation where even the slightest of downfall for Dr. Rajan Mahtani offer the conspirators bliss. They actually enjoy mocking Dr. Mahtani because they were the same people who had lost of him in the past and have been desperate to seek any form of revenge.

The group of conspirators have only manged to seek help from Zambia Reports. What happens in the present circumstance is that the Ventriglia family, Henry Banda and others form an alliance to launch an attack on Dr. Rajan Mahtani on a monthly basis. Sakwiba Sikota, the operator of Zambia Reports is more than happy to help them as he gets good money along with free supply of cement. So, this is basically a setup of losers where they have come together as unit to help themselves and gain short term public attention. Today, all of Zambia knows about the truth of the conspirators and they too oppose this nuisance that has been going on for so long. So, what should be the next step? Should we all continue to witness this rubbish game or shall protest against such hideous act?

And the conspirators now target Dr. Mahtani and Finance Bank

August 30, 2016 PCZambia

Even though the Finance Bank of Zambia is no longer associated with Dr. Rajan Mahtani, the conspirators have constantly tried to defame both at the same time. The recent news from Zambia Reports highlights that Dr. Rajan Mahtani lost at the Lusaka High Court with respect to his claim against Simataa Simataa. The incident was enough for the notorious news portal to begin a series of attack on the former Finance Bank Chairman.

The publication from ZR shows an exclusive example of how things can be taken for granted in Zambia. They have not only managed to brag about an unfortunate event, but have also expressed their hatred for Dr. Rajan Mahtani. They are of the opinion that it is a habit of Dr. Mahtani to get people in legal trouble and later on sue for damages. The opinion clearly indicates their sympathy towards the Italian Mafias.

When it comes to defining the personality of Simataa, there opinion does not differ by much. The only exception is the coverage of Zambia Reports who considers him to be a respected banker. It has been a decade since Simataa was removed from Finance Bank Zambia and since then the person has failed to secure employment elsewhere. Is it that the ‘expert banker’ didn’t find any good opportunity or others took a lesson from the incident in FBZ and preferred to maintain distance with this person. The person who is unable to furnish his Grade XII report card has interestingly claimed himself to be an expert banker. After all, this is Zambia! Some powerful people work things in their own way whereas the locals are constantly fooled. And whenever, there are some rebel from people like Dr. Rajan Mahtani, the charge is taken on them and a series of rubbish stories are started to roll out.

Dr. Mahtani and Finance Bank part ways, Finsbury Investments targeted

August 16, 2016 PCZambia

Dr. Mahtani and Finance Bank may have parted ways, but the conspirators have continued to show their impact as their new target is now Finsbury Investments. As per Zambia Reports, Panama Papers include the name of Finsbury Investment and has been convicted of the tax evasion in the past years. The name of Dr. Rajan Mahtani has also been included in the article as their prime objective is to defame the former Finance Bank Chairman.

The impact of this campaign is that the locals of Zambia have been misled. However, the defamed party was quick to react on this matter and was able to distinguish itself from the alleged concern. As per the recent development, it has been found that Finsbury Investment of Zambia is not involved in any allegation, rather it is an entity by the same name that has been convicted of tax evasion.

To know more about this matter, click here: http://goo.gl/5m53UQ

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Former Finance Bank Zambia Chairman wrongfully defamed, again

August 8, 2016 PCZambia

The Former Finance Bank Zambia Chairman was wrongfully defamed again by a dishonourable conspirator’s group, again. This conspirator’s group comprises of minority stakeholders of the cement factory, the Ventriglia Family along with contributions from Henry Banda and Sakwiba Sikota. These stakeholders pulled a new story with the objective of highlighting the name of Finsbury Investment in the Panama Papers. On top of that, a photograph of Dr. Mahtani was wrongfully used claiming that he visited his legal consultant in this regard.

This news came just after Finsbury Investment’s name was hosted in the Panama Papers. It should be noted here that the name of the investment firm has not been patented by Finance Bank’s former Chairperson, Dr. Rajan Mahtani. Thus, it was available for other bodies/entities as well. However, these conspirators took this incident as their opportunity to defame Mahtani Group of Chairman for evading tax.

It is a quite known fact that Ital Terrazzo Limited in the PCZ has started oppression and contested against Finsbury Investment. This ITL is owned by none other than Finsbury Investment. Thus, it makes it obvious that they plan to dethrone the Finsbury Investment so that they can claim this million-dollar plant themselves. There have been numerous incidents in the past wherein these conspirators tried hard to defame Finance Bank Zambia’s former Chairman. All these defamation cases were related to the FBZ. After the takeover, the very same conspirators are now targeting the Finsbury Investment. Needless to state that these defamation campaigns have been running unsuccessfully for the past five years and nothing is being done by the Government other than silently witnessing the entire chaos. Even after workers were illegally terminated from the factory by the Ventriglia Family, nothing was done by the Government Officials. This is a clear indication that there is not guaranteed safety for Zambia’s common man unless they become part of the illegal conspiracies.

Chairman Finance Bank Zambia, Dr Rajan Lekhraj Mahtani, Dr. Mahtani, Dr. Mahtani & Zambia, Dr. Mahtani and Finance bank, Dr. Rajan Mahtani, Mahtani Group of Companies, Portland Cement Zambia, Rajan Lekhraj Mahtani Zambia, Rajan Mahtani, Zambezi Portland Cement

Portland Cement Zambia Mafias launch attack on Dr. Rajan Mahtani

July 29, 2016 PCZambia

The Portland Cement Zambia Mafias, or more commonly known as the Ventriglia Family have launched a fresh attack on Dr. Rajan Mahtani by claiming that the name of Finsbury Investment is present in the Panama Papers. The news was circulated by Zambia Reports, a notorious news portal well-known for its contribution in defamation campaign. People who have working closely with Finsbury Investment and are aware of the conspirator’s nature claim that the attack came after the merger of Finance Bank Zambia and BancABC.

As per the publication of Zambia Reports, it has been claimed that Finsbury Investment has evaded taxes and Dr. Mahtani was seen visiting his legal advisor in respect of this matter. However, the truth is far from what is being portrayed here. The conspirators have framed a clever channel whereby they are showing an organization which shares the same name. Upon investigation, it was found that the organization named in the Panama Papers is owned by an entity named as Semely Conseil & Gestion SA. Moreover, the organization is no longer active and had been struck off on August 19 1999.

The event clearly indicates that the conspirators made a cheap attempt to defame Dr. Rajan Mahtani and steal Portland Cement Zambia. Since Finsbury Investment is the legal owner of PCZ and Finance Bank Zambia is no longer a property of Dr. Rajan Mahtani, it has become evident that the conspirators will start defaming PCZ from now onward. Nevertheless, the Government is still keeping its eye close on this matter and continues to ignore the defamation campaign. Over the years, the Ventriglias have looted Portland Cement Zambia, dismissed workers from the factory on unacceptable grounds and stole the wealth of Zambia, but there is hardly anything that the Government has done to stop them. Maybe money matters more to the Government officials.

To know more about this, visit: http://goo.gl/TmN5Gt

Another rubbish claim against Dr. Rajan Mahtani

July 18, 2016 PCZambia

It appears that the conspirators have lost track of the real world as they continue to publish matters that are absurd and resembles foolishness. The latest publication from Zambia Reports suggests that Dr. Rajan Mahtani has been convicted of tax evasion and has been named under Panama Papers. To make things interesting they have also presented a reference where the name of Finsbury Investment has been mentioned.

Sadly, Sakwiab Sikota forgot to realize the fact that other details of the company are also mentioned in the paper. If one looks closely, he will easily find that the date of incorporation and date of inactivation has been mentioned. As per the Panama Papers, the company was formed by Semely Conseil & Gestion SA in 1996 and was also struck off from the list in August 1999, after being inactivated in October 1997. This clearly indicates that this mentioned company has nothing to do with Dr. Rajan Mahtani. Even if, one still doubts his involvement, they should go check with PACRA’s record where the name of Finsbury Investments is still present and as the majority shareholder of Zambezi Portland Cement.

The act by the conspirators has once again proved that they are nothing more than a bunch of people who have no moral values and can only contribute to nuisance. Their claims are as low as their thinking. Causing unnecessary harassment has become a habit for them and it is only for only few hours that they look forward to get attention with such senseless articles.

Zambia would have been a much better place had they not been present here. They have only contributed by mentally torturing the people and looting the wealth of the nation. Hopefully, things will change in the days to come. Till then, we all hope that this nuisance remains as less as possible.

Dr. Mahtani and Finance Bank depart, but for a better cause

July 16, 2016 PCZambia

Dr. Mahtani and Finance Bank have finally parted ways. But the cause is for a better tomorrow. The merger between BancABC and FBZ is one of the most celebrated stories in Zambia as it has strengthened the economy of Zambia to a certain extent. With a combined asset of more than $560 million and a wide network of ATMs, the banking system in Zambia has received one of the its potential prospects.

In the past years, the conspirators have constantly tries to spread the news that the takeover is not possible as the shareholding pattern of FBZ is not in compliance with the prevailing law. But the true intent was to distract Dr. Rajan Mahtani from the issue of Portland Cement Zambia. There is no longer the need for innocent citizens like Dr. Rajan Mahtani to worry about other developments as it is now vested in the hands of a trustworthy source.

Dr. Mahtani and Finance Bank have departed from each other, but the partnership will always be remembered. Right from fostering developments to handling the needs of senior citizens, Dr. Mahtani had ensured that every aspect of the society is taken care of. On the other hand, the event has also made the conspirators feel helpless as they cannot attack the former Finance Bank Chairman with any imaginative stories based on FBZ.

The long awaited merger finally takes place

July 11, 2016 PCZambia

People in Zambia have been constantly talking about the merger which was announced in 2015. Finally, the much awaited event has taken place and the Finance Bank of Zambia and BancABC are now one unit. Given the hype that the event has received, it is obvious that the conspirators have also made their presence felt by making absurd claims and trying to influence the public.

The merger has been one of the grandest in Zambia as the resultant is in form of Zambia’s largest commercial bank. The accumulated assets now stand at a mammoth USD 567 million and the network of branches and ATMs now stands at 65 and 176, respectively. The development clearly indicates the importance of development in Zambia with time. A person who was closely associated with this event says, “The merger will give Zambia a bigger financial support. Earlier, Finance Bank was restricted as it had limited capital to invest, but the merger has opened new possibilities for businesses as well as development plans.”

On the other hand, the conspirators have completely gone silent and they are now looking forward to get something new to push against Dr. Rajan Mahtani. They were in the opinion that the Finance Bank was having an illegal shareholding structure and it would now allow the merger to take place. But, the truth was soon revealed as the merger took place with ease. Over the years, there have been hundreds of claims made by the conspirators and every time Dr. Rajan Mahtani has wanted to do something for Africa, the conspirators always have an opinion to present. Nevertheless, the long awaited event has taken place and people who understand the value of development would certainly appreciate this step. BancABC is a subsidiary held by Atlas Mara and had been proposing this merger from a long time.

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