Fin And Forbes Present ‘Best Of Africa’ Awards, Dr. Mahtani Felicitated

Foreign Investment Limited (FIN) and Forbes once again came together to conduct one of the most famous and anticipated business events in Zambia. Dr. Rajan Lekhraj Mahtani, a noted businessman and philanthropist from Zambia, was part of this business event. This business event was FIN philanthropy and leadership roundtable conference. It is an international-level conference which is being held annually across Africa, inviting visionaries and leaders to discuss about the role of philanthropy and leadership in the growth and development of the African nation. Apart from that, the roundtable conference also provides a platform for collecting financial funding and support from investors and businesses for numerous ongoing and potential projects across Africa. Dr. Rajan Lekhraj Mahtani was the only businessman invited from Zambia as a honourable speaker during the event. Unlike the usual process, this year’s roundtable conference was held online as a result of the ongoing coronavirus pandemic wherein participants and speakers took part in the event from their respective locations. Dr. Rajan Mahtani attended the event from his office. He spoke about the importance of leadership in healthcare and gave thrust to political leadership for the growth and development of the healthcare sector across the nation as well as the entire continent.
Another major reason this event is much anticipated and looked upon by analysts and businesses is the addition of the Forbes ‘Best of Africa’ awards ceremony. Conducted by both Forbes and FIN (Foreign Investment Limited), the award category is among the most famous corporate awards across the entire continent. Apart from the fact that the awards come from Forbes which is one of the most renowned international business magazine, the awards hold special significance as the selection process of the awardees is extremely rigorous and transparent. The process involves months of verification, background checks as well as interviews with the potential awardees to understand their knowledge, vision and plans towards the philanthropic and leadership achievement.

Based on this evaluation and selection criteria, Dr. Rajan Lekhraj Mahtani was awarded with the Forbes ‘Entrepreneur of the Year’ award 2021 for redefining the banking sector of Zambia.

Supreme Court Zambia Makes Final Announcement On The Claim By Ventriglia Family

After more than a decade of case proceedings, the Portland Cement Zambia case was finally over when justice Mwinde on behalf of the higher Court of Appeal made the ultimate announcement on the case. On 31st January 2019, justice Mwinde effectively reversed the previous decision by the Lusaka High Court on the same case. It should be noted here that after more than a decade of case proceedings at the Lusaka High Court, the final decision coming from the Lusaka High Court was extremely controversial as the Ventriglia family were announced as only shareholders of the Portland Cement Zambia. Dr. Rajan Mahtani was able to successfully challenge this decision at the higher Court of Appeal.

Despite a definitive decision from the higher Court of Appeal, the Ventriglia family decided to play by their own rules by challenging the decision and approaching the Supreme Court Zambia. The Ventriglia family approached the Supreme Court Zambia with a claim that the decision from the higher Court of Appeal was wrong. They also claimed that the actual amount against the majority shareholding was K580 million as opposed to K580,000 finalised by the higher Court of Appeal judge. As such, the Supreme Court Zambia established a bench of three judges to evaluate this case. These included justice Mumba Malila, Justice Royda Kaoma and justice Michael Musonda. After evaluation of the appeal, the Supreme Court bench concluded that a critical legal requirement was unfulfilled. As per the legal regulation, any case against a previous court judgement must be made within 14 days of the case verdict itself. However, the Ventriglia family failed to comply with this critical requirement and registered their case only after 1.5 years of the higher Court of Appeal’s decision. As a result, the Supreme Court bench concluded that the appeal made by the Ventriglia family help no basis and as such, was effectively rejected by the Supreme Court Zambia.

Conspirators More Cautious After Latest SC Win By Dr. Mahtani

For the past few days, there has not been any big defamatory campaign or negative media regarding Dr. Mahtani or his associate firms. The reason can be attributed to his recent win over Simaata Simaata at the Supreme Court of Zambia. This win has certainly made most of his conspirators cautious of the risks. Before publishing any fake news or defamatory campaigns, conspirators will now have to check the risks of backfiring from media, general people as well as courts.

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Dr. Rajan Mahtani attacked by conspirators again

The notorious Zambia Reports once again attacked Dr. Rajan Mahtani and Zambia. Dr. Mahtani is the current head of the MGCs (Mahtani Group of Companies) and Ex-Chairman of Finance Bank Zambia. This time, Zambia Reports attacked Dr. Mahtani with the objective of creating differences between Finance Bank and BancABC. Finance Bank was recently acquired by BancABC for a valuation of USD 62 million. Since then, BancABC is the sole in-charge of the operations and management of Finance Bank.

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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.

No Criminal Investigation against Dr. Rajan Mahtani

From the action of the conspirators, it has become evident that they are looking for nothing expect defamation of Dr. Rajan Mahtani. Their end-objective is clear to them and irrespective of what the circumstances may be, they will try and achieve their target by the end of the day. A recent incident highlighted the fact that Finsbury Investment has been named in the Panama Papers and Dr. Rajan Mahtani will face criminal investigation.

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However, the truth is far from what has been portrayed by Zambia Reports. Upon making an enquiry It was learnt that the company whose name was mentioned in Panama Papers is indeed Finsbury Investment, but does not belongs to the one which is in Zambia. The name ‘Finsbury Investment’ is not meant to be used by Dr. Rajan Mahtani only. The name is currently being used by thousands of company worldwide. This doesn’t mean that any company who shares the same name as Finsbury Investment would be held liable. They say, old habits die hard. In the present context, the conspirators cannot help themselves but to make weird claims and get the attention of Zambian people for a minute or two.

The truth is that the mentioned company is owned by Semely Conseil & Gestion SA. Neither the owners, nor any part of the entity has got to do anything with Dr. Rajan Mahtani. The only similarities between the parties is that their organization’s name is same. In the past as well, the conspirators have managed to create confusion in Zambia with their series of imaginative stories and this time around, they are again trying to do the same. Though their publication has already started to receive rejection form the locals, the Government has preferred to keep itself away from this matter and continue with the ignorance.