Portland Cement Zambia Case Lying at the Lusaka High Court Nears Closure

As per the latest announcement, the case of Portland Cement Zambia is on the verge of closure and the announcement is expected to be in favor of Dr. Rajan Mahtani. Those who are aware of this case know that the case was registered almost ten years back by Dr. Rajan Lekhraj Mahtani after he claimed that the Ventriglias illegally took over the factory by using goons. The Ventriglias, on the other hand, defended themselves by saying that the shares owned by Dr. Mahtani in the Zambezi Portland Cement is not paid for. This started one of the lengthiest corporate wars in Zambia which is still continuing.

Portland Cement Zambia

Dr. Rajan Mahtani is a noted figure in Zambia. He is a successful businessman and draws tremendous respect due to his honest working nature, transparency in business as well as significant charitable contributions. Unlike other illegal businesses and corporate houses, Dr. Mahtani’s companies have always maintained a clean image. Some of these are Finsbury Investments and Mahtani Group of Companies. The Ventriglias, on the other hand, do not share the same work or business philosophy at all. They are known for all sorts of illegal and unethical practices, using force or bribes to get away and abusing the loopholes of the Zambian law and government to escape punishment. The long-term lawyer of the Ventriglias, Sakwiba Sikota, was recently in news for involvement in money laundering crime in Zambia. He is suspected of laundering money in millions and the investigation agency has claimed that they have strong evidence against Sakwiba Sikota. It is easy to state that even the Ventriglias might have involved in these criminal acts.

Dr. Mahtani has shared all important papers necessary for proving his legal ownership at the factory. It is time for the judge to take the matters seriously and give back the Portland Cement to its legal and real owner, Dr. Rajan Mahtani.

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