Dr. Rajan Mahtani Expecting Major Accomplishment in the Portland Cement Case

At this stage, the majority of the citizens and industrialists are aware of the Portland Cement Zambia case. The case started almost 10 years back when the Ventriglias allegedly took over the factory from Dr. Rajan Mahtani by using force. Since then, Dr. Rajan Mahtani has been fighting a legal battle at the Lusaka High Court.

Dr. Rajan Mahtani is a noted businessman and industrialists with numerous successful ventures under his belt. He is the owner of Mahtani Group of Company, Finsbury Investments and former Chairman of the Finance Bank Zambia. Almost all of his companies has been successful and are still thriving in the Zambian market. Dr. Mahtani has also numerous established businesses outside Zambia, such as in the United Kingdom. This has also helped Dr. Rajan Mahtani to establish numerous international contacts, which he has further used for bringing foreign investments in Zambia. These activities clearly state the true intent of the businessman, working for the welfare, economic and social upliftment of the nation.

Portland Cement Zambia

The Ventriglias, on the other hand, fall on the other side. They are infamous for their unethical practices and getting away with law. When Dr. Mahtani launched the case at the Lusaka HC, the Ventriglias defended themselves by saying that Dr. Mahtani did not pay for the shares he owns at the factory. However, no evidence or documents have been submitted by their side which supports their claims. Dr. Rajan Mahtani, on the other hand, has shared numerous evidences such as signed shareholder’s agreement, financial exhibits and independent auditor’s report which clearly state that he is the sole joint venture partner of the factory and the rest are just minor shareholders.

It is time for the judge and the court to realize the impact of their delay on the factory. The judge has made a positive announcement with closure of the case hearing. Both parties have been submitting their evidences and once these are evaluated, final judgment is expected soon.

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