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Showing posts from December, 2017

Case Of Zambezi Portland Cement To Be Finalised Soon

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The ongoing case between Dr. Rajan Mahtani & the Ventriglias for the legal responsibility for Portland Cement has been continuing for very nearly 10 years now. Indeed, even after various case hearings, procedures and proclamations, the court has not possessed the capacity provide judgment at this point. Various elements have been added to this postponement. Now and again the judge was absent and different circumstances, the judge just got transferred. Amid a few events, the Ventriglias and their group were absent and come up with a few rationalizations to skip court procedures. Every one of these occasions and the moderate reaction from the law brought about this a lot of deferral in this prominent case. In any case, the present declaration made by the judge taking care of this case is positive news for Dr. Mahtani and his group . According to the judge, the court hearing has been finalized. This implies not any more hearing or procedures will be permitted on the court. The

Zambia Discovers Huge Money Laundering Racket Involving Prominent Lawyers

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The Zambian citizens recently discovered a big money laundering racket, which involved the huge number of prominent lawyers and high-end government officials. A list was made public by the FIC ( Financial Intelligence Centre ), the financial intelligence group of Zambia. This is indeed a shocking state of affairs for the Zambian government as the data suggests the huge level of corruption and wrongdoing across various big government and non-government organizations. As per the investigators of this case, Overs Banda from Avik International has been suspected of laundering money to Zambia’s dictator, Edgar Lungu. Avik International is a noted law firm having a top legal counselor in money laundering suspicious is indeed shocking news. Apart from that, several other prominent names such as Makebi Zulu, Shamwana & Company and Central Chambers are all under suspicious of money laundering activities. Makebi Zulu is owned by the Eastern-Province Minister and Shamwana is owned by MM

High Profile Zambezi Portland Case Has New Development

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As per latest reports, high-profile Zambezi Portland Cement case received a new development when the announced that case hearing has been closed. This is excellent news for Dr. Mahtani and his team who have been fighting for the legal rights of the factory for more than nine years. The case was launched after the Ventriglias allegedly took over the factory with the help of goons. Instead of using the same method, Dr. Mahtani rightfully used the court and registered the case under his company’s name, Finsbury Investment. Even though Dr. Mahtani had all necessary documents and evidence, the justice was delayed for a long time. Various reasons have been stipulated for this long-pendency of the case at the Lusaka High Court . The sudden transfer of judges and unavailability is among the prime reasons. Every time a new judge is appointed for the case, it is started from scratch and takes a long time to come to the position which was already established by the previous judge. Anothe

Zambezi Portland To Get Its Real Owner Soon, Confirms Court

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The latest announcement made by the Lusaka High Court confirms the fact that Zambezi Portland will get its real owner soon. As per the information provided by the judge handling this case, the hearing for the case has been closed. The case is a long pending high profile case corporate case that has been going on for more than nine years. It was registered by Dr. Rajan Lekhraj Mahtani , a noted businessman in Zambia, against the Ventriglias who had illegally captured the Zambezi Portland Factory. The major crust of this case is the shareholding and ownership of the factory. Both parties are claiming their ownership over this factory. After Dr. Mahtani launched the initial claim of Ventriglias taking over the factory forcefully, the latter launched a counter-claim. As per the Ventriglias, the shares of Dr. Mahtani in the factory are not paid for. However, the evidence and statements submitted by Dr. Mahtani and his team over the course of court proceedings tell a different story.

The Case Of Zambezi Portland Cement Gets New Direction

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The case between Dr. Rajan Mahtani and the Finsbury Investments for the ownership of Zambezi Portland Cement is long pending and has been going on for almost 10 years now. Even after numerous case hearings, proceedings and statements, the court has not been able to arrive at one decision now. Numerous factors have been contributed to this delay. Sometimes the judge was not present and other times, the judge only got transferred. During several occasions, the Ventriglias and their team were not present and made several excuse to skip court proceedings. All these events and the slow response from the law resulted in this much of delay in this high-profile case. However, the current announcement made by the judge handling this case is a positive news for Dr. Mahtani and his team. As per the judge, the court hearing has been closed. This means no more hearing or proceedings will be allowed on the court. The judge has provided the time period till December 2017 for both parties to su