Dr. Rajan Lekhraj Mahtani Announced Majority Shareholder And Owner Of Portland Cement Zambia
On 31st January 2019, the Court of Appeal gave the final judgement on the Portland Cement Zambia case. The case was previously pending at the Lusaka High Court for more than a decade. It was Dr. Rajan Mahtani, a noted businessman, philanthropist and charity worker who first registered the case at the Lusaka High Court. After sharing numerous evidences and testimonials, the final judgement from the Lusaka High Court was announced during the month of May, 2018, almost a decade after the case registration. Justice Nkonde was the judge giving the final announcement on the case. However, the final decision was extremely controversial as justice Nkonde announced that Ventriglias were only shareholders of the Zambezi Portland Cement . This decision was further countered by Dr. Rajan Mahtani at the Court of Appeal. The judge at the Court of Appeal was justice Mwinde who announced the final decision on 31st January 2019. After looking into the evidences, testimonials and other fact