Disturbances Created Despite Supreme Court Decision

Dr. Rajan Mahtani is a prominent businessman in Zambia who has always remained at the legal side of the business. He is considered as among those few businessmen in Zambia who have achieved success in spite of the rampant corruption, bureaucracy and unethical practices across the nation, Dr. Rajan Mahtani has been able to maintain a healthy business portfolio of transparent businesses such as Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia. At the same time, Dr. Mahtani continues to face challenges in his daily business operations. The prime example is the case of Portland Cement Zambia factory which dragged for more than 12 years before finally settling at the Supreme Court Zambia.

The first court to take the case was Lusaka High Court which announced its decision during May, 2018. However, this decision was controversial as the Ventriglias were announced as only majority shareholders and owners of the factory without any relevant evidence or testimonials. Then came the higher Court of Appeal which announced its verdict on 31st January 2019 in which the previous decision from the Lusaka High Court was rejected and Dr. Mahtani was announced as majority shareholder as well as legal owner of the factory. The third court was Supreme Court Zambia where a case was taken by the Ventriglia family claiming the decision from the higher Court of Appeal. The Supreme Court Zambia evaluated this claim and rejected it effectively due to lack of evidences, questioning circumstances as well as non-compliance of critical legislations.
However, it seems like the Ventriglia family have a blatant disregard for the highest-level court of the nation as they have continuous to mount their illegal status within the cement-manufacturing factory. Reports have indicated that hired thugs placed at the factory continuously prevented appointment of interim CEO so that no one takes charge of the factory. This attempt is a clear disregard of the judgement from the nations’ highest legal court. It seems like the Ventriglia family think themselves as above low. As of now, Dr. Mahtani has been given the official shareholding and legal ownership of the Portland Cement Zambia factory.

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