Dr. Rajan Mahtani’s Entrepreneurial Spirit Fetches Forbes Award

Dr. Rajan Lekhraj Mahtani is one of the most notable and celebrated businessman and philanthropist from Zambia. For more than four decades, Dr. Rajan Mahtani has been working towards the growth and development of the Zambian nation. Recently, Dr. Rajan Mahtani was conferred with one of the most prestigious and notable awards across Africa. This award is known as Forbes ‘Best of Africa’ awards and is given to visionaries and businesses with significant contributions towards philanthropic achievements and empowerment. The Forbes ‘Best of Africa’ award ceremony was a part of the FIN (Foreign Investment Limited) philanthropic and leadership roundtable conference. This year’s roundtable conference was held online as a result of the ongoing coronavirus pandemic. Dr. Rajan Lekhraj Mahtani was also invited in this event as a honorary speaker and discussed about the significance of leadership in healthcare.
The Forbes ‘Best of Africa’ awards is one of the most anticipated corporate awards across Africa. The award ceremony celebrates and recognises leading lights in the field of philanthropy and a means to achieve empowerment. The awards are regarded highly among analysts, critics as well as business industries and sectors due to various reasons. First, the award ceremony is developed by Forbes which is one of the top business magazines across the globe. Secondly, the process of selecting the participants is extremely rigorous yet transparent. The process comprises of months of verification and background checks, authentications as well as interviews and discussions with the recipients to understand their perception and long-term view about philanthropy as a means to achieve empowerment.
Dr. Rajan Mahtani, for his significant contributions towards the banking industry was awarded with the Forbes ‘Outstanding Entrepreneur of the Year’ award 2021. Dr. Rajan Mahtani made these contributions in various fields. Some of his major business contributions include Mahtani Group and Finsbury Investments. In a similar manner, his philanthropic contributions include Stephen Malama award and scholarship for top law graduates Zambia as well as Prison Fellowship Zambia.

Dr. Mahtani Presented With Forbes ‘Best Of Africa’ Awards

Dr. Rajan Lekhraj Mahtani was recently presented with one of the Forbes ‘Best of Africa’ awards. Dr. Mahtani is a noted businessman and philanthropist in Zambia. For almost four decades, Dr. Mahtani has been working towards establishing successful companies, creating employment and livelihood opportunities for less privileged sections of the societies as well as continuously working towards growth and development of the Zambian nation. These contributions from Dr. Rajan Mahtani were finally recognised when he was awarded with the Forbes ‘Outstanding Entrepreneur of the year’ award 2021. Dr. Rajan Mahtani’s contribution was instrumental in redefining the banking and financial sector of Zambia and as such, these contributions were recognised by Forbes.

The award ceremony was held during the annual FIN leadership and philanthropic roundtable conference. The Foreign Investment Network (FIN) conducts the annual roundtable conference inviting business leaders, visionaries and entrepreneurs from different fields including international business committee, opinion leaders, political leaders, policy makers, media partners, international investors and so on. The event was held online as a result of the ongoing coronavirus pandemic and saw participants joining the business conference from their respective locations. Dr. Rajan Lekhraj Mahtani was invited as one of the honorary speakers. During the business conference, Dr. Rajan Mahtani spoke about the significance of leadership in healthcare, specially political leadership for the growth and development of the healthcare sector.

Dr. Rajan Lekhraj Mahtani is one of the most respected and honoured businessman in Zambia. Some of the most famous companies established by Dr. Rajan Mahtani are Mahtani Group of Companies and Finsbury Investments. The Mahtani Group was established in 1981 and now is a conglomerate with presence across several sectors such as mining, energy, agriculture, real estate, insurance and finance. In a similar manner, the philanthropic and charitable contributions of Dr. Rajan Mahtani are also significant. He is the owner and current chairman of the Prison Fellowship Zambia. Similarly, Dr. Rajan Mahtani established the Stephen Malama award for top law graduates in Zambia along with scholarship.

Higher Court Of Appeal’s Decision On Portland Cement Remains Intact With Supreme Court’s Decision

Since its establishment, Finsbury Investments has made a name for itself with its strategic business operations as well as ethical and transparent business practices. Dr. Rajan Mahtani holds the position of Executive Chairman at Finsbury and is known for his ethical standings and transparent business operations. In the year 2006, a stakeholder meeting was established and Dr. Rajan Mahtani owned Finsbury Investments was officially established at the majority shareholder of Portland Cement with 58 percent shares. This very official stakeholders’ agreement also confirmed the shares ownership of Ventriglias owned Ital Terrazzo Limited which was at 42 percent. This shareholding pattern was agreed upon and accepted by all stakeholders in written consent form. Furthermore, this shareholding change was necessary for Finsbury Investments to be eligible to take loans and financial support from banks and other institutions for completing the construction of the Portland Cement and starting the smooth operations.

However, the illegal and alleged act from the Ventriglias halted everything. After the factory was unethically taken over by the Ventriglias, Dr. Rajan Mahtani fought a legal war for more than a decade at the Lusaka High Court. However, the Lusaka High Court failed to give an authentic and right judgement as political meddling got to the Lusaka HC justice. Within a matter of days, Dr. Rajan Mahtani approached the higher Court of Appeal wherein Justice Mwinde took over the case. After several case proceedings, the final decision from the Court of Appeal came on 31st January 2019. In this decision, the judgement from the Lusaka High Court was reversed and Dr. Mahtani was established as legal owner of the Portland Cement factory.

Be that as may, the Ventriglias tried their luck once more by approaching the Supreme Court Zambia. In their appeal, they challenged the decision from the Court of Appeal. However, this appeal was effectively rejected by the Supreme Court due to legal obligations, circumstantial evidences and lack of support from the Supreme Court judges. As of now, Dr. Mahtani remains the actual owner of the Portland Cement factory.

Dr. Mahtani and Finance Bank are not connected, but ZR thinks so!

Dr. Mahtani and Finance Bank have parted ways in 2016. The bank which once used to be guided by Dr. Rajan Lekhraj Mahtani is now under BancABC, an undertaking of Atlas Mara. Zambia Reports, however, has a different story to tell. For them Finance Bank and Dr. Mahtani are still intact secretly. ZR believes that the calls of Finance Bank is now being made by Dr. Rajan Mahtani and BancABC is just playing as sham. The whole story was scripted when Lamasat was request to repay the loan which it has earlier availed from Finance Bank Zambia.

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Dr. Mahtani and Finance Bank gets connected in a defamatory attempt

Time and over again Zambia Reports has proved that they are nothing less than a pain for the society. Dr. Mahtani and Finance Bank have parted ways, yet the channel continues to keep them together in the headlines. This is mainly done because with one single publication they are able to taunt Dr. Rajan Mahtani as well as the Finance Bank Zambia. But what they need to recall is that the entities are no longer united.

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Money extortion is the game of conspirators and not Dr. Rajan Mahtani

Zambia Reports is in a habit of misrepresenting things. It often takes support of the people who have constantly been convicted of doing wrong. For an instance, take the example of the Ventriglia family. The only thing that they have done after coming back in Zambia is ruined the life of the locals, yet they are heroes for Zambia Reports because they pay them well. In a recent case where Simataa won at the Lusaka High Court, the happiness was clearly seen among the authors of Zambia Reports because for this month they would be bragging this win against Dr. Rajan Mahtani and Finance bank.

Rajan Mahtani

However, the truth cannot be changed or presented in a twisted form. Time and over again, Zambia Reports has only tried to find its way out from the mess in which it has got into for few dollars. The operator of Zambia Reports in Zambia, Sakwiba Sikota is a labelled offender. He has no idea of how the law operates in Zambia and continues to use the loopholes to benefit his clients.

For every time Zambia Reports calls Dr. Rajan Mahtani a dishonest businessman, it should remind itself that its masters are the true representative of this word. It is the Ventriglias family who have ruined the life of thousands in Zambia by shutting down Portland Cement Zambia, it is the Ventriglias who had tried to make changes in PACRA by force and it is the Ventriglias for whom thousands of families are starving in Ndola. Dr. Rajan Mahtani has always believed in a liberal Zambia where people are happy and earning a living for themselves. What kind of a news agency is this that only looks for making easy money? Before you utter a word about others, Zambia Reports take a look at the list of rubbish that you produce every day.

Portland Cement Zambia Mafias strike again at Dr. Mahtani and Finance bank

The situation at the Portland Cement Zambia is getting worse. Things have taken such an ugly turn that each and every event that takes place in the life of Dr. Mahtani and Finance Bank is being made public. It is a well-known fact that Finance Bank Zambia is no longer a distinct identity and has now merged with BancABC to become the largest commercial bank in Zambia. In spite of this fact, the conspirators are constantly taunting Dr. Mahtani and Finance Bank with a view to satisfy their urge.

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Ever since the conspirators were deported from Zambia, they were waiting for the day when they can make a comeback. In 2015, when the deportation got lifted under questionable circumstances it gave an opportunity to them to seek revenge. In every possible way the conspirators have manged to defame Dr. Mahtani and Finance bank. They have clearly indicated that no matter what event surrounds Dr. Mahtani, they will attack him and try to convince the people of Zambia that he is the guy who is to be blamed for every mishap.

The latest article of Zambia Reports on Dr. Mahtani and Finance bank claims that the decision of Lusaka High Court favouring Simataa was justified and he deserved to win. However, in the previous cases when their master kept losing cases in a string, it was always said that the High Court Judge must have been bribed. So no matter what happens in Zambia, every blame is obviously put on the head of Dr. Rajan Mahtani. It has become evident that Zambia is currently being ruled by a group of people who have always tried to find personal gains. The consideration for the masses is negligible. Cases where people like Dr. Rajan Mahtani raise their voice the result is the prevailing defamation campaign.

Simataa and Zambia Reports defame Dr. Rajan Mahtani

Dr. Rajan Mahtani is once again in the news with the courtesy of Zambia Reports. It appears that the infamous news portal has been constantly trying to misguide people and develop a negative mind set against the name – Dr. Rajan Lekhraj Mahtani. In the past as well there has been numerous claims where the conspirators have been caught red-handed. This time around, the same hasn’t changed.

Dr Rajan Mahtani

Simataa Simataa, a well-known self-proclaimed banker has won a case in the Lusaka High Court under suspicious grounds and the event was taken as a subject for sponsoring a new defamatory article. ZR goes to the extent of claiming that it is a habit of Dr. Rajan Mahtani to engage people in contracts and then bind them under legal consequences to have the properties under his control. Nevertheless, it has failed to show the true face of Simataa Simataa. After being removed from Finance Bank almost a decade back, the same person has failed to secure a job elsewhere. Now how can someone expect that an expert banker would remain jobless for the next 10 years. When it comes to reality, it is being conveyed that Simataa doesn’t even hold a Grade XII certificate. This is why he was forced to change the topic when he was interviewed the last time.

As time goes on, the conspirators are facing a tough time in finding areas where they can defame Dr. Rajan Mahtani. Over the years, Finance Bank of Zambia were their prime target, but with time the same has shifted to other entities as well. Last month, Finsbury Investment was targeted and one never knows when entities such as Radisson Blu and Mahtani Group of Companies can also become a topic of discussion for them. Meanwhile, the officials are busy ignoring this shameful incident.

Dr. Mahtani & Zambia still disturbed by the conspiracy

It has almost been a month since the dreadful article was published by Zambia Reports. What initially started as an initiative to diverge the attention of the former Finance Bank Chairman has now become an alarming affair in Zambia. The campaign is growing with every passing day and the guts of the conspirators are reaching new heights. The latest from them went to the extent of claiming that Panama Papers hosted the name of Finsbury Investments.

Dr. Mahtani & Zambia

Though the article’s fame was short-lived, it did create a confusion in the minds of the locals. And perhaps this is what the conspirators want. They are constantly engaged in activities that are more related to defamation of Dr. Mahtani & Zambia, rather than working for Zambia’s development. What enhances the concern is that the conspirators have gone quiet after the publication and it is expected that they will once again come up some weird claim to defame Dr. Rajan Mahtani.

Whenever a defamatory article is published in Zambia Reports, it not only hurts Dr. Mahtani, but also defamed the whole of Zambia. A news channel is never expected to accept donation and do favours for people. Hosting a newspaper is more about bringing out the truth and letting the world know about the inside story of Zambia. But here we find that Dr. Mahtani & Zambia are being blamed and the actual conspirators are being praised. Is this the power of money? Has Zambia Reports lost all its sanity? Sakwiba Sikota is the operator of ZR and it is obvious from his actions that he prefers the Ventriglias. After all, who can forget that the mansion in which Saki likes to enjoy his time came from the free supply of cement ‘gifted’ by the Ventriglias. But the questions is, for how long will this nuisance continue to haunt Zambia?

Mafias of Zambezi Portland Cement take a shot at Finsbury Investment

The Mafias of Zambezi Portland Cement or more commonly known as the Ventriglia family have once again used cheap tactics to defame Finsbury Investment and Dr. Rajan Mahtani. A piece of information which was present in the Panama Papers has been depicted in the wrong way with a desperate attempt to mislead the people of Zambia. The claim was made by Zambia Reports and as usual everything was done under the consent of Sakwiba Sikota.

Zambezi Portland Cement

It is utterly sad to see how a qualified lawyer can low down his self-esteem to such a level where he cannot distinguish between the right and the wrong. Knowing the fact that the mentioned organization belonged to a different entity didn’t stop ZR to come up with such shameless claim. The name Finsbury Investment is not meant to be used only once. There are thousands of business enterprises who have kept this name and have been operating over the years. This doesn’t imply that every institute by the name of Finsbury Investments is connected to Zambia or Dr. Rajan Mahtani.

In the past, there has been incidents where ZR has made false claims, but this incident has clearly indicated that the conspirators have desperate to get themselves noticed. They never had the audacity to come out in public and make a claim. All that they have done is to take up pseudo names, write up stories, post them in Zambia Reports and enjoy the chaos. Once the chaos has been dismissed by respective authorities, they go back to the dark corners of their room. Within the next few days they will again come back with some more imaginative stories. Needless to say, the Government has been trying to keep itself as away as possible from this matter because some of the officials are too busy counting notes.