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 Moreover, the organization is no longer active and had been struck off on August 19 1999.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.

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