The former Finance Bank Chairman, Rajan Mahtani, has been falsely dragged into conspiracy by Zambia Reports, Sakwiba Sikota and most importantly the Ventriglia family. After the official documents were revealed for public display, it was learnt that it is not Rajan Mahtani who is at fault, but it is the Ventriglia family who have backstabbed the Chairman of Mahtani Group of Companies for their greed of money. The document clearly indicates that the ownership pattern of the cement plant would remain as 58% and 42% for FI and ITZ. But later on, it was the fabrication and false claim by the Italian Mafias that portrayed Rajan Mahtani as a controversial figure.
Once upon a time, Rajan Mahtani and Antonio Ventriglia were good family friends and it was the consent of Dr. Mahtani which made it possible for the world to have a unit like Portland Cement Zambia. A sum of US $ 24 million was raised only because investors believed in Rajan Mahtani. Had he refused to take part in development, the factory would have not existed today.
In the past, Portland Cement Zambia able to outplay even the cement giant, LaFarge, with its impressive production rate and pricing policy. Sadly, in April 2015 the Ventriglia family returned and took over the premise of PCZ. Till date, the premise remains in the hands of the Ventriglia family and internal sources suggest that they have converted the facility into a non-operating unit. There is nothing much left in the factory except for misery.
Zambia is currently surrounded by numerous conspiracy and the case of Rajan Mahtani is one of them. To have a clear insight into the matter, have a look at this document. It is clear that Dr. Rajan Lekhraj Mahtani has always been a true person, but the false news is playing its part in defaming him.