Updated on February 7, 2019
High Court Of Appeal Finally Announced Its Judgment, Dr. Rajan Mahtani Majority Shareholder
After over a time of battling for equity and a few misled decisions from high court, last judgment on the Portland Cement Zambia is out. Dr. Rajan Lekhraj Mahtani, who is a prominent businessman and philanthropy specialist in Zambia, has been battling for the lawful takeover of the plant for over 10 years. At long last, on 31st January 2019, the Court of Appeal offered equity to Dr. Rajan Mahtani’s straightforward tolerance. The judgment of High Court was switched, which was given in May 2018 and which thought about that Ventriglias were investors for the Zambezi Portland Cement processing plant. The new judgment was given by Justice Mwinde Siavwapa from the ‘Court of Appeal’. This judgment and the procedures continued for very nearly a hour and a half amid the morning of 31st January 2019. As indicated by the judgment by Justice Siavwapa, the High Court judge had given a misled judgment before the law when it was held that Ventriglias were just investors of Zambezi Portland.
From this judgment from the Court of Appeal, it is set up that the greater part investor of Zambezi Portland Cement is Finsbury Investments restricted claimed by Dr. Rajan Mahtani. The Finsbury Investments possesses 58 percent offer and the Ventriglias claim 42 percent offer and are considered as minority investors. This judgment is totally lined up with fundamental Shareholder’s understanding built up by similar gatherings in the year 2007.
The last judgment from the Higher Court of Appeal has positively uncovered the extensive scale debasement and unscrupulous practices in Zambia and offers the significance of building up a straightforward and moral equity framework.
Updated on January 15, 2019
Sc Judge Claims Dr. Rajan Mahtani’s Case Of 2012 Was Manipulated By Vested Parties
Justice Mumba Malila is a notable justice from Supreme Court Zambia. As a result, his recent testimony has been read by many and heard by many. A few months back, Justice Mumba Malila gave a testimony in front of the court. While the testimony comprised of several revealing facts associated with the Zambian governance, a major topic which caught everyone’s attention was the case related to Dr. Rajan Mahtani. It was an old case of 2012 associated with Dr. Rajan Mahtani in which Dr. Mahtani lost the judgment.
Justice Mumba Malila belongs to Supreme Court of Zambia which is the highest level court of any nation. Being in his position, it is important for him to choose his words carefully and ensure that they are aligned with the nation’s best interests. As such, his testimony was a surprise revelation to many. In his testimony related to Dr. Rajan Mahtani was regarding the case of 2012. In his testimony, he claimed that the decision made by the Tribunal on this case was biased and was against the interests of the public policies. He also claimed that the decision making was influenced by external parties including some businessmen and politicians who had vested interest in the decision making. Justice Mumba Malila was the Attorney General during that time and he made several attempts to make the case null and void as the case was misdirected and was not aligned with the national laws and policies. However, no such requests were accepted. This clearly showcases the extent to which corruption and unethical practices have penetrated the Zambian government as well as its legal system.
If the support system of a nation’s economy such as legal system, government offices and courts are corrupted, then there is no hope for honest and ethical businessmen in such scenario. Unless the government makes some serious and stringent policies and framework for controlling and eradicating corruption, honest businessmen like Dr. Rajan Mahtani will continue to suffer.
Updated on January 4, 2019
Dr. Rajan Mahtani Innocent In The 2012 Case At The Tribunal, Claims Justice Mumba Malila
Few weeks ago, a prominent judge from the Supreme Court Zambia made shocking revelations about the large scale wrongdoings across the Zambian political and law system. This revelation was made with the help of a testimony before the Zambia court. In this testimony, Judge Mumba Malila highlighted the significant corruption and unethical activities going on within the Zambian government system. Among many of the statements made, one which stood out was associated with Dr. Rajan Mahtani’s case of 2012. Dr. Rajan Mahtani is a noted industrialist, businessman and philanthropist with more than thirty years of successful business experience in Zambia and outside. He is also a noted philanthropist with various charitable and social causes under his name.
In his testimony, Justice Mumba Malila stated that the 2012 case against Dr. Rajan Mahtani was against the interests of the public policies as it was motivated by several political undertones. He also stated that the case was motivated by some unethical, corrupt yet powerful people who already had controlled the decision making with their illegal practices. Despite several requests from Mumba Malila who was the Attorney General during that time, no such action was taken. The Justice also requested to make the case null and void but his requests were avoided during that time.
This new revelation from the Justice bring both opportunities and challenges for the Zambian economy. The opportunity lies in the form of making things right and ensuring that honest businessmen like Dr. Rajan Mahtani do not suffer at the hands of corrupt businessmen and politicians. On the other hand, the biggest challenge for the government and law makers is to ensure their own organisation is corruption free with transparent practices and ethical values. Unless the government is able to come above its own corruption and unethical practices, it is difficult for the nation to go on a path of growth and prosperity any time soon.
Posted on December 6, 2018
Hello world!
Welcome to WordPress. This is your first post. Edit or delete it, then start writing!
Updated on December 10, 2018
Supreme Court Judge Mumba Malila Shocks Zambian Citizens With His Testimony
Mumba Malila is an honourable judge at the Zambian Supreme Court. Holding this position, the judge made a shocking testimony exposing the truth about the widespread corruptions and political manipulations occurring across the nation. In his testimony, he exposed the how powerful people use their power to influence decision making across all levels of the government and as a result, honest and hardworking people become the victims.
In his testimony,he discussed in depth related to a case in 2012 in which the Tribunal made the final judgment against Dr. Rajan Mahtani. Dr. Mahtani has more than three decades of successful business experience during which he built numerous companies. His charity works are also noted among colleagues and general people. As a result, it was shocking information for everyone when the 2012 court judgment went against this claims. However, the testimony from Judge Mumba Malila clears out a few things. First, the judgment given by the Tribunal was influenced by external forces and was misled. Judge Mumba Malila who was the Attorney General during that time requested the case to be made null and void as it was against the interests of the public policies. He also testified during that time that the case had several political undertones and demeans the justice powers of the Zambian government. However, no queries were entertained during that time.
The current testimony is a real proof of the level of corruption across numerous levels of government and law offices. It can be easily seen here that honest and ethical businessmen like Dr. Rajan Mahtani continuously face challenges and roadblocks due to the greed and unethical interests of few powerful and corrupt individuals controlling the government and its decision making. It is high time for the law and policies to take down these corrupt businessmen and officials weighing down the nation.
Updated on December 12, 2018
Dr. Rajan Mahtani Innocent, Confirms SC Judge With His Testimony
It is a true fact that there is no short-cut to long-term success and wealth. Those who try to find any shortcut might get a perception of success at the end, but this success quickly fades in the face of unethical practices, bribery and corruption. On the other hand, few people who stick to the path of honesty and ethics their entire life might face various difficulties and issues in this path, but they always achieve triumph and success at the end. In this case, the revealing testimony from the Supreme Court Judge of Zambia is a clear indication that no matter how difficult it might get, those sticking to the path of honesty and ethical business never shy away from difficulties or give up.
In his testimony, the Supreme Court Zambia’s honorable Jude Mumba Malila said that the 2012 case against Dr. Rajan Lekhraj Mahtani was politically motivated and was against the interests of the public policies. Dr. Mahtani is one of the most successful and note worthy businessman in Zambia. His companies such as Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia are noted for their ethical business practices and transparent work. At the same time, Dr. Rajan Mahtani is often the target of conspirators and greedy but powerful people who are threatened by his increasing popularity.
Dr. Rajan Mahtani, even with his vast empires and well-built businesses,is a humble and down-to-earth individual. Despite the never ending conspiracies against him which try to ruin his reputation and his businesses, he never engaged in similar unethical business practices and continued to work in a transparent and ethical manner, seeking the help from the court. While the testimony from the judge is a welcome move, the government of Zambia need to do a lot more to ensure that the economy and the nation is not lost at the hands of some greedy people.
Updated on December 12, 2018
Dr. Mahtani Makes Significant Contribution In African Summit, Makes It Successful
It is vital for any country and its legislature to have open exchanges on the basic social, social, political and ecological issues identified with the country. One of the stages which give chances to talking about comparative basic issues and national issues identified with economy or society are financial summits, occasions and projects. These summits make a stage wherein top businesses, corporate houses and noted people from various fields consolidate to share their thoughts,feelings and talk about various answers for the consuming inquiries holding the country. One such occasion is African Summit which is held each year. The current year’s African Summit was kept at some point down and was a gigantic accomplishment with interest from various industrialists and companies.
Top specialists went to the occasion. Among them was Dr. Rajan Lekhraj Mahtani, a standout amongst the most regarded and genuine businessmen of Zambia.Dr. Rajan Mahtani is noted for his various effective organizations, including Finsbury Investments Limited, Mahtani Group of Companies and Finance Bank Zambia. He is additionally an ardent humanitarian and philanthropy worker. Nonetheless, his philanthropy works are once in a while advanced or publicized for advertising. This is the reason a significant number of the members were astonished when the Press Secretary of the Prison Fellowship Zambia released a public statement lauding Dr. Mahtani for his critical budgetary commitments in the summit. Dr. Mahtani’s critical monetary commitment bolstered the effective fulfilment of the occasion. Dr. Mahtani was additionally applauded for his rational nature and his dynamic support in the occasion. Amid the occasion, he effectively partook in various courses, discussions and talks. He was likewise open to talks with youthful business visionaries and business administrators, imparting to them his business insight.
Dr. Rajan Mahtani has remained faithful to his words and unlike majority of businessmen, he actually engaged in philanthropic and charity activities for supporting others as well as helping under privileged and less privileged sections of the societies to survive and thrive.
Updated on December 12, 2018
Chief Secretary Of African Forum Summit Released Press Release, Praised Dr. Mahtani
For very nearly thirty years, Dr. Rajan Mahtani has been working indefatigably to make the life of his fellow Zambian citizens better. For this, he has initiated a few organizations, manufacturing plants and adventures,giving chances of work and job and also enhancing the social existences of the regular natives. Some of his best companies to date are Finsbury Investments, Mahtani Group of Companies and Finance Bank Zambia. These effective elements are known to centre on the underprivileged areas of the general public. Moreover, Dr. Mahtani is frequently engaged with unselfish and generous exercises, helping NGOs and natural gatherings to spread mindfulness in regards to various social and ecological issues. The greater part of his beneficent exercises is avoided spotlight and therefore, no PR tricks or attention crusades are led on the back of his altruism exercises.
Therefore, Dr. Mahtani’s commitment towards the African Forum Summit 2017 was not known to many. The summit is a yearly occasion, which gives a stage to businesses and companies to consolidate in one stage and give answers for the consuming issues of the country. Talks are hung on different subjects, for example, financial issues, social issues, and political as well as technical issues. The occasion is gone to by a portion of the greatest corporate and industry identities from Zambia. Dr. Rajan Mahtani was one of the participants of the 2017 occasion. After the occasion was effectively finished, the Chief Press Secretary of the occasion shared a public statement. In this public statement, Dr. Mahtani was lauded for his huge money related commitment which brought about the accomplishment of the occasion. He was likewise lauded for his rational nature and helping the youthful members by sharing his business astuteness and experience.
Dr. Mahtani will keep on working for the improvement and advancement of the Zambian country, in spite of general tricks by envious individuals and troubles he faces because of the constraints of the Zambian law and directions.
Updated on December 12, 2018
Noted Businessman Moves To Higher Court After Unpredictable Judgment By Lusaka HC
The case of Portland Cement Zambia more than a decade old and can be easily considered as one of the longest running high-profile corporate cases in Zambia. Dr. Rajan Lekhraj Mahtani, a noted businessman and philanthropist has claimed to be the legal and rightful owner of the factory. He registered a compliant at the Lusaka High Court almost ten years back when it was illegally taken from him. During the trial period, Dr. Mahtani and his lawyers submitted numerous documents and evidences that prove his legal ownership over the factory. The judge overseeing the case also made a positive announcement by closing the case hearing. This meant the final judgment will be shared based on the evidences and testimonials submitted by the parties. This was a major achievement for the case and the people associated with it.
This announcement of closure of case hearing was extremely delightful for Dr. Mahtani and his lawyers as it was evident that the evidences and documents shared by Dr. Mahtani were more than enough to prove his legal claim over the factory. However, the final judgment on the Portland Cement was made by the Lusaka HC judge and it shocked everyone. The final judgment was given against his claims and the cement factory’s rights were given to those entities that were not able to submit even single critical evidence to support their claim. This decision has been regarded as a huge disappointment and downfall for the legal system of Zambia. It is also clear that all of the evidences submitted were ignored and experts are also contemplating that the judgement was influenced by some external forces. Dr. Rajan Mahtani is not considering this judgment as the final fate of his patience and the factory for which he has been fighting for decades. As of now, Dr. Mahtani has taken the right steps by making an appeal to the higher court of appeal against this misdirected judgment.