Dr. Rajan Lekhraj Mahtani Is The Real Winner In The Appeal By The Ventriglias To Supreme Court

Justice Mwinde on behalf of the higher Court of Appeal reversed the decision of the Lusaka High Court and announced Dr. Rajan Mahtani owned Finsbury Investments as the majority shareholder and legal owner of the factory.
By: Dr. Rajan Mahtani
 
LUSUKA, Zambia - Jan. 6, 2021 - PRLog -- Dr. Rajan Lekhraj Mahtani is a noted businessman in Zambia. He is the owner of several top companies in Zambia such as Finsbury Investments, Mahtani Group of Companies and Finance Bank Zambia. One of the companies which remained under national news for a long time was Portland Cement Zambia, a cement-manufacturing factory that remained under dispute of its ownership for more than a decade. This dispute went for the longest at the Lusaka High Court, and despite having all relevant documents and evidences, Dr. Rajan Mahtani was denied justice at the Lusaka High Court judge, justice Nkonde. Instead, reports have clearly indicated that the decision from the Lusaka High Court was influenced by lawyers of the Ventriglias and allegations of corporate strong-arming was also done to bend the judgement in their favour. As such, the decision made by the Lusaka High Court after dragging the Portland Cement Zambia case for more than a decade was controversial to say the least.

On the other hand, the decision from the higher Court of Appeal was straightforward. Justice Mwinde on behalf of the higher Court of Appeal reversed the decision of the Lusaka High Court and announced Dr. Rajan Mahtani owned Finsbury Investments as the majority shareholder and legal owner of the factory. This decision was given on 31st January 2019 and after more than a year of this decision, the Ventriglias made a similar appeal challenging the decision of Court of Appeal on Portland Cement case at the Supreme Court Zambia. However, a bench of judges at the Supreme Court effectively rejected this appeal due to legal precedent and confirmed that the Portland Cement factory legally belongs to Dr. Mahtani only. Dr. Rajan Lekhraj Mahtani is known for his successful business ventures, charitable and philanthropic acts in Zambia. With more than three decades of business experience and top companies under his leadership, Dr. Rajan Mahtani has certainly earned the name of the most successful businessman in Zambia.

About Dr. Rajan Mahtani
Website:  http://drmahtani.com

With more than three decades of experience, Dr. Rajan Lekhraj Mahtani is one of the most notable businessmen in Zambia. He is the owner and leader of successful companies such as Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia. He is also known for his charitable contributions and philanthropic activities in Zambia.
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Location:Lusuka - Lusaka - Zambia
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