Minorities in Portland Cement Zambia play with Rajan Mahtani

The minority shareholders of Portland Cement Zambia, the Ventriglia family are currently playing with the image of Rajan Mahtani, the Chairman of Mahtani Group of Companies and the apex of Finsbury Investments. With the aid of weekly publications on funded news portal, Zambia Reports, they have managed to create a trap for the 67-year old Zambian Businessman and are constantly trying to present their imagination and influence the locals. Fake stories, fabricated documents and compiled lies have helped Zambia Reports and the conspirators to stuff the headlines with malign articles.

Rajan Mahtani

Being an integral part of the majority shareholders of Portland Cement Zambia, Rajan Mahtani has always respected the status of his factory and avoided any activity which is not permitted by the law. Cases where he was required to present himself before a judicial body, he has done so with utmost graciousness. The exact opposite behaviour has been seen from the side of the conspirators, who are now resorting to all kinds of means whereby they can gain fame.

Collins, a nearby resident of Portland Cement Zambia, commented, “The factory was flourishing in 2014 and we have seen the range of developments which took place under Rajan Mahtani. Ever since April 2015, we have seen that the factory operates improperly and workers often complain about poor management and salary issues. The Ventriglia family is the main reason behind the downfall and workers have often complain that they are poorly treated.” The statement clearly highlights the poor behaviour of the minority shareholders of PCZ. As long as Rajan Mahtani was in ZPC, there was hard work, development and growth. However, after his departure there is no suffering and poor treatment for the workers.  Nevertheless, Portland Cement Zambia will not lose hope and wait for the judicial system to make a decision in such regard.

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