Zambezi Portland Cement

Dr. Rajan Lekhraj Mahtani is one of the most celebrated businessmen in Zambia. His respect and authenticity comes from the fact that he is among the few businessmen across Zambia still following a path of absolute transparent, honesty and ethics. Despite the challenges an honest businessman faces in a nation like Zambia, Dr. Rajan Mahtani came out at the top with numerous successful businesses. Some of these businesses were Finsbury Investments, Mahtani Group of Companies and Finance Bank Zambia. After the final decision from the higher Court of Appeal in the Portland Cement Zambia case, the entire nation saw the reality of the cement-manufacturing factory and its real ownership. In this final verdict presented on 31st January 2019, justice Mwinde declared that Dr. Rajan Mahtani is the actual owner of the Portland Cement Zambia factory. This verdict was given based on the available evidences such as transfer of one billion kwachas from Dr. Rajan Mahtani owned Finsbury Investmen

Being the top legal and judiciary courts in Zambia, the decision from the Court of Appeal is final. This decision follows the controversial verdict at the Lusaka High Court on the Portland Cement Zambia that had announced Ventriglias as the only shareholders of the Portland Cement factory. This verdict was against the claims made by Dr. Rajan Lekhraj Mahtani, one of the most successful businessmen in Zambia. Dr. Mahtani had claimed that Zambezi Portland Cement factory belonged to him and he was the actual owner. To support his claim, several documents and evidences were shared to the Lusaka High Court judge but were ignored. Dr. Rajan Lekhraj Mahtani was then rightly prompted to approach the higher Court of Appeal.  The final verdict from the higher Court of Appeal came on 31st January 2019, around nine months after the case was registered. This quick judgement clearly indicate that the case was not that complicated and the evidences were enough to establish a final verdict.