Dr. Rajan Lekhraj Mahtani Manages To Gain Back Portland Cement Ownership Through Court Of Appeal

Posted on January 24, 2020 by admin

On 31^st January 2019, the Portland Cement Zambia case was finally closed. The case closure was done by justice Mwinde from the Court of Appeal, the second court where the case was heard. It should be noted here that the first court where the case was registered was Lusaka High Court. The case dragged in the court for more than a decade and the final decision was announced by justice Nkonde during the month of May, 2018. However, the final decision was controversial with justice Nkonde announcing Ventriglias as only shareholders. It was after this controversial case judgement which prompted Dr. Rajan Mahtani to take the case up with the higher Court of Appeal.

The higher Court of Appeal gave its final decision on 31^st January 2019. This decision was given after all evidences, testimonials and other reports were evaluated thoroughly. One big difference between the two courts is this difference in transparency. While the same evidences, testimonials and other details were provided to the Lusaka High Court justice too, lack of transparency, corruption and unethical practices resulted in the court ignoring these critical evidences and giving an extremely controversial decision panned by the general citizens.

However, Dr. Rajan Mahtani is thankful that he did not suffer the same fate at Court of Appeal too. After evaluation of presented evidences, testimonials as well as all other written and oral representations, the final statement declared Dr. Rajan Mahtani as majority owner of the factory. This statement was made based on the fact that Dr. Mahtani holds ownership of Finsbury Investments which in turn holds majority shareholding of Portland Cement with 58 percent shares.

On the other hand, Ventriglias were found to be just minority shareholders as their entity, Ital Terrazzo Limited was allotted just 42 percent Portland Cement shares during the original agreement. Based on this transparent judgement, Dr. Rajan Mahtani is the only legal owner of the factory.

Majority Shareholding Goes To Finsbury Investments, Portland Cement Zambia Case Closed

Posted on December 23, 2019 by admin

The Portland Cement Zambia case has been finally closed. The case started more than a decade ago when it was registered at the Lusaka High Court by none other than Dr. Rajan Mahtani. Dr. Mahtani had claimed the legal and actual ownership of Portland Cement Zambia and also claimed that the factory was unethically and forcefully taken away from him. Despite having all evidences, facts and testimonials for re-claiming his factory, the Lusaka High Court dragged the case for more than a decade. Major reasons attributing to this long pendency can be lack of proper ethical standings at the court, regular transfers of judges leading to case starting again from the scratch, unethical acts from the opponents such as not attending case hearing or bribing the department and many more. As a result of these challenges, it took more than a decade to make a final announcement to the case. However, even this announcement was controversial. The judge at the Lusaka High Court giving the final judgement was justice Nkonde who announced that Ventriglias were only shareholders of the Portland Cement Zambia.

After this, the second and most important phase of the case started. Dr. Rajan Mahtani took the case to the Court of Appeal, one of the highest civilian courts in Zambia. The judge who took the case was justice Mwinde and he gave the final decision on 31^st January 2019, around nine months after the re-appeal. Unlike the previous judges, justice Mwnde looked into all evidences and testimonials and only after complete checking, shared the final results. As per this decision, Dr. Rajan Mahtani is the actual owner of the Portland Cement Zambia factory as he owns 58 percent shares of the factory. The Ventriglias, on the other hand, hold just 42 percent shares at the factory and are the minority shareholders without any legal ownership. Based on this decision from the Court of Appeal judge, it is clearly established that Dr. Rajan Mahtani is the actual owner of the Portland Cement Zambia factory.

Testimonial From Supreme Court Judge Reveals Rampant Corruption In Zambia

Posted on January 9, 2019 by admin

The year 2018 has been significant for Zambian law and governance. One of the major revelations by a Justice from the Supreme Court Zambia revealed numerous facets of the Zambian government as well as legal system. Justice Mumba Malila is an honourable justice at the Supreme Court Zambia with many years of reputable court practice. As a result, his testimony given before the court made significant headlines across the nation.

Dr Rajan Mahtani

The testimony by Justice Mumba Malila revealed large-scale corruption and unethical practices in Zambia. In his testimony, Justice Malila made a disclosure regarding the case of 2012 related to Dr. Rajan Mahtani in which the final decision was given against him. Dr. Rajan Mahtani is a noted businessman in Zambia with several successful ventures such as Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia. He is also known for his significant contribution for various philanthropic activities and charitable works. It is also known that he is often attacked by conspirators and unethical parties due to his honest and straightforward business practices and refusal to engage in corrupt and illegal business practices. This case of 2012 was clearly misdirected and influenced by external forces including corrupt yet powerful businessmen and politicians, According to the testimony, the case was considered as against the interests of the public policies. Justice Mumba Malila was the Attorney General during that time and he made several attempts to make the case null and void or ‘nolle prosequi’. However the court and the tribunal did not hear any such requests.

The testimony from a judge sitting at the Supreme Court of Zambia is a clear indication of the level of corruption and unethical practices that has penetrated into the government. However, there is also a ray of hope as testimonies like these will force the government to take stringent actions against those who have been misusing their power as well as clean the government as well as the nation of corruption and unethical practices.

Testimony From Supreme Court Justice Reveals Unjustified 2012 Case Related To Dr. Rajan Mahtani

Posted on December 26, 2018 by admin

Dr. Rajan Mahtani has been working tirelessly in Zambia for more than three decades. During this time, he has been able to build his empire based on transparent business practices. This characteristic is extremely common among businessmen in a developing nation such as Zambia. At the same time, Dr. Mahtani is also a charity worker and has contributed to numerous philanthropic activities over the years. As a result, it can be seen that he has acquired numerous enemies and conspirators who are constantly looking to profit from him or damage his reputation and businesses for personal gains.

Dr. Rajan Mahtani

Mumba Malila is a respectable judge at the Supreme Court of Zambia. Previously he was an Attorney General. Few weeks earlier, Justice Mumba Malila testified in front of the court revealing some of the grave details related to the widespread corruption ad unethical practices in Zambia. Among numerous of the incidents described in the testimony, one of the critical incident was the 2012 case associated with Dr. Rajan Lekhraj Mahtani, who is a noted businessman and respectable individual in Zambia. In this testimony, Justice Malila revealed that the case of 2012 against Dr. Mahtani was motivated by political undertones and was against the interests of the public policies. This testimony also revealed that despite several requests made by him and other individuals to make the case null and void, no such actions were taken. It was clear during that point that the decision making was influenced by external factors, including corrupt yet powerful politicians and businessmen having vested interests from the decision by the Tribunal. This revelation from the testimony has certainly shocked the entire nation.

The testimony from Supreme Court Justice is a clear example of the support from honest individuals towards making this nation transparent and its practices ethical. However, the nation has a long way to go.