Former Finance Bank Zambia Chairman Dr. Rajan Mahtani has again been dragged into the headlines from the notorious Zambia Reports. This reason behind this is calls made to FBZ, even though FBZ has long ago merged with the BancABC. The context of the article published by the Zambia Reports can be described as nothing but a low attempt towards defaming Dr. Mahtani. By positing these derogatory articles and reports from time to time, the masterminds behind Zambia reports continue to make their presence feel across regular intervals.

For citizens unaware of the current situation, here is the detail. Lamsaat earlier availed loan among to 10,000,000 US dollars from the FBZ (Finance Bank Zambia). It happily agreed to pay this amount in sixty instalments. However, Lamsaat showed its true colors during the actual repayment time by showing any interest in actually repaying the amount. This is the reason BancABC had to call for the repayment. In the midst of it, Zambia reports have claimed that it was Dr. Rajan Mahtani who pursued BancABC via unlawful operation to make this call. This entire gamut played by Zambia Reports is nothing but a well scripted storyline secretly financed by Dr. Rajan Mahtani’s & Finance Bank Zambia’s conspirators.

Any individual with a bit of sense will easily understand the fact that during any merger taking place, the holding firm is responsible for all management and other decisions related to the subsidiary firm. No third-party has any role in this decision make. Also, this incident is entire the bank’s internal matter & does not require any media publicity. There is no business for Zambia Reports in this situation and yet, we find it poking its nose around to make any kind of false news. Nevertheless, considering the image of Zambia Reports, we can expect to see other attempts for defaming Finance Bank of Zambia and Dr. Rajan Mahtani as they have nothing else to do.