For the past few months, Finance Bank Zambia has been under constant attack. These attacks have been targeting its reputation and image and accusing the bank of wrongful activities. These conspiracies have also affected Dr. Rajan Mahtani, founded and well-wisher of Finance Bank. The accusations and conspiracies started with Simaata Simaata, one of the former employees of the bank. While working at the bank, Simaata was found to be involved in various unethical practices, which resulted in his ouster from the bank. It seems that he did not take his ouster lightly and went on a rampage attack to Finance Bank. Finance Bank also has many conspirators who are just jealous of the bank’s growing success and popularity over the last few decades. These conspirators too found a good opportunity to attack an already vulnerable Finance Bank. All these activities affected the bank heavily and the bank started losing good clients and customers. As a result, the bank had no other option than to sue Simaata, the main conspirator.

Finance Bank Zambia with help from Dr. Rajan Mahtani sued Simaata Simaata at the Supreme Court Zambia. It is the highest court of Zambia and was chosen because of its ability to make truthful and correct judgements without any kind of influence or coercion. Simaata was charged for violating agreement terms that he signed with Finance Bank. For this, Simaata was also paid a good sum. However, Simaata broke the contract at several occasions. He provided testimonials against the bank as well as its associates like Dr. Rajan Mahtani, dampening their images. He also released documents to local newspaper that were deemed classified. All these facts and evidences were put in front of the judges during the trial. Even Simaata came to the court defending himself, saying that his actions did not cause any damage to the agreement terms.

After looking into the details, the Supreme Court announced its verdict. Simaata was found guilty of charges. He will also pay fine as per the court.