Category Archives: Rajan Mahtani and Portland Cement Zambia

Justice Mwinde on behalf of Court of Appeal closes the long-pending Portland Cement case

It is the duty of the court of any nation to make critical decisions. These decisions are expected to provide justice to the people, hope for the distressed and punishment for people and entities who think they are above the law. However, when the legal and judiciary systems of a nation are compromised, it becomes very difficult for the people of the nation to depend on the government, giving rise to corruption, unethical practices and chaos. As such, very few businesses and individuals are able to maintain an ethical standing in such scenario. Dr. Rajan Lekhraj Mahtani has remained one of these few.

The recent details shared by the Court of Appeal judge clearly confirmed the same. After more than a decade of wait and even after that not being given the right justice, Dr. Mahtani did not lose hope and did not opt for any unethical practice. Rather, he approached the higher Court of Appeal with an appeal to look into his evidences. And when these evidences were evaluated, everything was transparent. When giving the final statement on the Zambezi Portland Cement case on 31st January 2019, justice Mwinde from the Court of Appeal stated that Dr. Mahtani owned Finsbury Investments have already paid USD 250,000 or 1 billion kwachas to Zambezi Portland limited for taking ownership of 58 percent shares of the factory. This exchange took place in 2005 and the details can be found on the page 663 of the volume ‘record of appeal’ in the original shareholders agreement. This agreement is a clear proof that Dr. Mahtani is the actual owner and majority shareholder of the factory and despite this, the evidence was somehow not taken into consideration during the previous court proceeding at Lusaka High Court.

Now that Dr. Mahtani is rightfully owning the factory, he has an uphill task to take the factory to its previous glory.

Conspirators Disrupted As Sc Announced Finance Court As Winner

Dr. Rajan Mahtani is a noted individual and businessman. He has established various successful corporations across the Zambian nation. However, there are many people who are jealous of his success and want to see his reputation fail. As a result, we keep seeing regular defamation campaigns and negative news stories related to Dr. Rajan Mahtani. However, Dr. Rajan Mahtani has always kept his head low and never retaliated to these news stories. Most of these news stories are fake and die their own death.

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Simaata Faces His Own Rage, Loses Cases Against FBZ

Any case which is based on false evidences and shady claims is bound to fall out, sooner or later. Especially if it is the Supreme Court, the highest court of any nation. The same has happened between Finance Bank and Simaata. FBZ supported by Dr. Rajan Mahtani sued Simaata for breaching clauses of agreement which signed with the bank. While it was a long pending case, the judged finally delivered their verdict in favour of the truth and Dr. Rajan Mahtani wins this case.

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Zambia Report Won’t Stop Dragging Dr. Mahtani Into Controversies

From the activities that have been taking place in the last couple of years, it seems like Zambia Report is not going to stop dragging Dr. Mahtani into controversies anytime soon. With support from conspirators, Zambia Report has crossed all limits of ethics and morality when it comes to ruining the reputation of Dr. Mahtani. The news channel is often caught in embarrassing situations with its articles receive huge backlash and enquiries of citizens and groups. However, this has not stopped Zambia Reports from producing such stories. The reason- the more defamatory news it publishes, the more incentives it receives from the conspirators of Dr. Rajan Mahtani.

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Sold media fails to defame Finance Bank and Dr. Mahtani

Finance Bank and Dr. Rajan Mahtani were once again put into headlines by the notorious Zambia Reports. This time they capitalised on the incident with Lamsaat. However, any sane individual who is aware of ZR’s activities will know that the news portal has lost all its journalism ethics and has turned into a money making business entity. The recent article was only a slap in the face of ZR itself. An interesting fact is that, every time ZR publishes such article, it receives no support from its peers in the journalism industry. Reason? These articles are merely fragment of imagination from the author and have no relation to reality whatsoever. The sad part is that ZR is not bothered by its degrading reputation. This is because they are supported by conspirators who can silent truth anyone with the power of money.

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ZR continues attacking Dr. Rajan Mahtani & Zambia

It is strange to see what the power of money can do to people. Journalists turn into money-oriented businessmen and news portals lose their authenticity and credibility just for filling their pockets. The same has happened to Zambia Reports. It seems like Zambia Reports has taken a pledge to destroy Dr. Rajan Mahtani, of course with the support of its financers and handlers who are essentially criminals and conspirators. The notorious news channel first started defamation campaigns against Dr. Rajan Mahtani almost a decade ago. With time, they have learned to hide their mistakes and create maligning content out of nowhere. They have become the expert in skimming around any issue and attacking Dr. Rajan Mahtani or his associates in any manner, even if unimaginable. Such is the power of money!

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Dr. Rajan Mahtani & Finance Bank victimised by ZR

First of all, the reality is that the conspirators who now run Zambia Reports were never truthful at all. The new portal is based on the corrupt foundation to spread malice against few targeted individuals. Their only aim has been to conspire against innocent person like Dr. Rajan Mahtani and Finance Bank. If even they run out of content to write, rather than confronting their financers & handlers, they come up with even more malice content. The truth is, these fake news articles are defamation campaigns are launched by only Zambia Reports. No other news agency has supported their claims. Even if some news portals have posted similar content, they retracted very quickly and apologized for their content as it was not sustained with enough evidence. But not for Zambia Reports!

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Malicious attempt against Rajan Mahtani starts to fade

With time the truth has finally began to surface. Rajan Mahtani, a name that Zambia Reports always believed to be on the wrong side is currently revealing his real identity. In the long run, facts have taken over and all the drama along with scripts have gone down the drain. The people of Zambia can no longer be fooled by stating that a ‘trusted source’ informed them with the information, because in reality there is nothing such as a trusted source for them. It is only scripts that are written in their office and then published in public.

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

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.

rajan_mahtani_money_laundering

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.

Dr. Rajan Mahtani is disturbed to hear about Portland Cement Zambia

When one of the most productive units is demolished within a matter of days, it is obvious that the nation will face a shock. The same case is applicable to the Portland Cement Zambia, where a well- established factory has been forced to stop its operation. At the moment, the cement production has come to a halt and the workers of the factory have been terminated. The result is evident, the Ventriglias do not wish to operate the factory and are trying to flee after making a loot and transferring all the money to their private bank accounts.

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