Category Archives: Dr. Mahtani

The Trust of Dr. Mahtani and Finance Bank was broken

How heartbroken one feels when someone close breaks the trust for personal gains. A similar incident happened with Dr. Mahtani and Finance Bank when the Ventriglias started their defamation campaign against Dr. Rajan Lekhraj Mahtani with a view to take over the Portland Cement Zambia. According to a recent Official Document presented on 1 April 2016, it has been proved that the Ventriglia family lacked finance to establish a cement plant in Ndola and as a result took financial assistance from Finsbury Investment with a view to shape their business idea. The result was that Dr. Rajan Mahtani agreed to help them raise USD 24 million to build Portland Cement Zambia. Apart from this arrangement, the agreement of share was also made where Finsbury Investment would hold 58% of the shares and Ital Terrazzo Limited was entitled to receive 42% of the total shares.

Dr. Mahtani

Within the first few years, everything took place in routine. However, some years later it started to float that Dr. Mahtani and Finance Bank had forged signatures to take over the Portland Cement Zambia’s ownership. To make things more complicated, the Ventriglia family started to take assistance from the infamous news channel Zambia Reports and started the defamation campaign. This is where things started to get ugly and finally the Government under Michael Sata had to deport the minority shareholders of the Zambezi Portland Cement Factory.

Over the past few years, the Ventriglias have once again come back to Zambia after the new President, Edgar Lungu, was appointed. At the moment, every day or the other, there is a defamatory article in the name of Dr. Mahtani and Finance Bank. This has made the situation worse and the locals tend to misled with every single publication of ZR. Nevertheless, the legal system in Zambia has upheld its sovereignty and continues to be unbiased.

Holiday over, back to defaming Dr. Rajan Lekhraj Mahtani

After a well-deserved break from routine activity of defaming Dr. Rajan Mahtani, the writers are back in business with some more entertaining news. As per the latest news in Zambia Reports, they have reached new levels of insanity by claiming that Dr. Rajan Mahtani is busy funding political parties in opposition as well as in power. To put in clear terms, they are claiming that Dr. Mahtani is funding UPND, DF and Cabinet Ministers of PF, all at the same time.

Dr. Rajan Lekhraj Mahtani

Isn’t it absolutely hilarious to hear such claims? A businessman has been first dragged into controversies by Zambia Reports and now they are trying to link him to political parties. In quest of serving the needs of its financiers, ZR has failed to realize the direction in which they are moving ahead. A businessman understands business and expansion. The Luapula Province has recently confirmed that Mahtani Group of Companies is going to setup bio-ethanol plant through a venture in that region. This news can be trusted because a businessman will invest in areas where it can generate profits through operation.

The evidences produced by Zambia Reports are also as useless as their arguments. They have often fabricated materials and tried to put up a brave show by talking on behalf of their financier and operators. Nevertheless, they have failed to learn that there is nothing supreme than the truth. Each and every time ZR has claimed something wrong, it has been thrashed by the locals as well as other journalists. But the same has not changed its course of action. All that matters to them is money and a lot of money. Their intent to serve few has resulted in devastation of thousands of Zambians in Ndola and still they haven’t leartn from their experience. This is certainly NOT the way a news portal operates.

Zambezi Portland Cement- helpless & broken

The Zambezi Portland Cement is nearing its end as the Ventriglia family has chosen to wrap up everything and escape to Italy with all the riches. Local people and Finsbury Investment have no power over the exercises of the processing plant. All that the occupants can do is to sit tight for Government to take some action, however right now it looks that the Government is not intrigued to intrude on this plunder. The production line has been manhandled through botch and mismanagement, yet there is no activity from the people who are running this nation and the reason is self-evident ‘cash power!’

Zambezi Portland Cement

In 2014, the industrial facility was running under Finsbury Investments and was flourishing. Benefits were rising, arrangements were growing and above all, local people were able to live a life full of dignity. Be that as it may, with the entry of the Ventriglia family the benefits went down, arrangements were hindered and local people were removed from their job. This is how the devastation of Zambezi Portland Cement started. Endless number of assaults were made on Finsbury Investments and Dr. Rajan Mahtani so that the Italian Mafias could proceed with the loot at ZPC and today when nothing is left in the factory, the Italian Mafias want to leave Zambia and flee to their country.

In a nation like Zambia it is difficult for outsiders to enter the country and begin with their endeavors to take the wealth of the country. It is just conceivable when some key individuals begin supporting the foreigners. This is precisely what has happened on account of Zambezi Portland Cement. With zero Government obstruction in the plunder, it has ended up apparent that there was something fishy and there may have been a concealed enthusiasm of the supporters. It is peculiar to perceive how a few individuals can sell out their own country with the end goal of topping off their own financial balance.

When you cannot steal it, destroy it- Portland Cement Zambia

The Portland Cement Zambia has witnessed one of the most horrific situation in recent times when Ventriglia family looted it and left the premise deserted. Today, there is no operations in the place and workers remain jobless. All that has taken place within the factory is mismanagement and corruption.

The logic which was used by Ventriglias to destroy Portland Cement Zambia is simple, when you cannot win it, simply, destroy it. When false attempts and forced changes didn’t work for the Italian Mafias, they chose to have the factory in some other way. Their blueprint included shifting the factory cash and bank balances to offshore accounts and diversifying other assets to dummy companies. In this way, the Portland Cement Zambia was left hollow. An astonishing fact that took place with this event was Government’s reaction.

Portland Cement Zambia

Any Zambian can easily understand the fact that there was some sort of understanding between Ventriglia family and officials. This is why there hasn’t been any legal action against them. Moreover, figures like Sakwiba Sikota and Rupiah Banda offer a strong support to Italian Mafias. This has resulted in development of a fearless attitude in them. Today thousands of Zambians have suffered from the loss of Portland Cement Zambia. Workers were fired without any prior intimation, existing workers were not paid salary on time and mistreatment came as an implied condition. This is how low the Italian Mafias have gone down. There is not much left in the factory and it has become a serious question that how long can the factory survive like this. Dr. Rajan Mahtani has stood up as a hindrance for the Mafias and is representing Finsbury Investments, but at the moment the Government has kept its eye shut on this matter and made it obvious that no actions would be taken to preserve the interest of the innocent citizens.

Dr. Rajan Mahtani is disturbed to hear about Portland Cement Zambia

When one of the most productive units is demolished within a matter of days, it is obvious that the nation will face a shock. The same case is applicable to the Portland Cement Zambia, where a well- established factory has been forced to stop its operation. At the moment, the cement production has come to a halt and the workers of the factory have been terminated. The result is evident, the Ventriglias do not wish to operate the factory and are trying to flee after making a loot and transferring all the money to their private bank accounts.

Continue reading Dr. Rajan Mahtani is disturbed to hear about Portland Cement Zambia

Workers of Zambezi Portland Cement depressed

A workplace is known by its workers. It is the workers who reflect prosperity of an organization, but what is more important than workers and factory’s development is the attitude of the management. If a management is not willing to take care of workers, factory will soon start to lose its balance and end up incurring losses. This is the story of Zambezi Portland Cement Factory!

Continue reading Workers of Zambezi Portland Cement depressed

Dr. Mahtani & Zambia witness mayhem in Zambezi Portland Cement

Dr. Mahtani & Zambia are shocked to see the present condition of the Zambezi Portland Cement in Ndola. The factory has been reduced to a building with weak walls only and all the assets and prized possession have been cunningly outsourced to dummy companies formed by the Ventriglia family. Sources suggest that about 43 trucks has been shifted to Miloto Transport, a company formed by the Ventriglia family. In addition, another company by name of Astrea Investments Limited has been entrusted with the property of ZPC.

Continue reading Dr. Mahtani & Zambia witness mayhem in Zambezi Portland Cement

For how long with Portland Cement Zambia Survive?

Days turn into a nightmare when something utterly bad happens. The story of Portland Cement Zambia is somewhat like an old tale where a thriving kingdom loses its King and is then ruled by a group of bandits. After the Finsbury Investments was forcefully removed from the management, the factory has been left at the mercy of the Ventriglia family. The result of this change has made PCZ into a furniture which is being eaten by termites. All the cash has been safely transferred to offshore banking units and a majority of the factory’s assets has been cunningly transferred to dummy companies, which is actually owned by the Ventriglias themselves.

Portland Cement Zambia Portland Cement Zambia

It was reported that Portland Cement Zambia had stopped its operations in December 2015 and since then, the factory has not been involved in any productive activity. About 43 trucks of the factory now belong to Miloto Transport. Moreover, the properties of the factory have also been given to Astrea Investments Ltd., another bogus company owned by the two pillars of the Ventriglia family, Manuela Sebastiani Ventriglia and Antoni Ventriglia. Under such circumstance, the questions that arises is whether the Italian Mafias as trying to wind up the factory and make an exit from Zambia?

Portland Cement Zambia Portland Cement Zambia Portland Cement Zambia

Stealing Portland Cement Zambia won’t be easy

However, one thing that the Ventriglia family has failed to consider is that they are the minority shareholders of the factory and they do not possess the power to take key decisions of the factory. Without taking a prior approval of Finsbury Investment and the High Court, Portland Cement Zambia cannot be shut down and no other power in the world can suppress the fact that the Italian Mafias have broken the Zambian law on various circumstances. But, this time around it is for sure that the conspirators will pay for their ignorance and defamation campaign.

Portland Cement Zambia Screen-Shot 7 Portland Cement Zambia

3 Reasons Why Rajan Mahtani chose Luapula

The proposed project of bio-plant in the Luapula Province has been gaining attention from local as well as international news portals. It is one of those contributions where the whole nation has a reason to celebrate and witness a history in the making. Luapula Province has remained as an untouched resource for a long period of time and it is time that Rajan Mahtani adds another prospect of development in Zambia.

The bio plant is not just an ordinary plant which exhausts the natural resources and ends up creating pollution and environmental concerns. Bio-ethanol plant is an eco-friendly way of promoting development. The one which is being proposed to be setup in Luapula province will be using Cassava as a basic input and would be helping Zambia to become self-sustained. As we are all aware of the fact, Cassava is the local crop of the Luapula Province and can be easily harvested by the farmers.

Rajan Mahtani

Therefore, to sum up, the best three reasons why Rajan Mahtani chose Luapula above other regions in Zambia is- Firstly, the area was constantly being neglected by other people and most of resources of the area was underutilized. Secondly, the area’s employment rate was scary and hence, it was a necessity for the locals to find a decent employ and feed their family. Thirdly, the Luapula Province always had a good supply of manpower. This means that the factory would be able to get good quality workers at a lower rate.

Rajan Mahtani is a visionary. His contribution has not restricted to making financial gains for himself or Mahtani Group of Companies, but he has also worked hard for his nation and gave thousands of Zambians a hope to overcome their existing misery and see a brighter tomorrow. Nevertheless, he has never asked anyone for help, all he needs is the support of his Zambian brothers.

Dr. Rajan Mahtani sets a new hope for Luapula Province

Dr. Rajan Mahtani

Luapula Province has been one of those areas in Zambia, where the pace of development is almost next to nil. The locals find it hard to survive and make a contribution towards the development of the nation. Under such circumstance, Dr. Rajan Mahtani has come up with a plan to aid the requirements of the locals and plan a channel of developments in Luapula Province through setting up a bio-ethanol plant. The plant will generate employment for the locals and will aid the output from the region. The project is being developed at a cost of USD 190 million and will be financed by Sunbird Group and the Mahtani Group of Companies, jointly.