Former Finance Bank Zambia Chairman Dr. Rajan Mahtani has again been dragged into the headlines from the notorious Zambia Reports. This reason behind this is calls made to FBZ, even though FBZ has long ago merged with the BancABC. The context of the article published by the Zambia Reports can be described as nothing but a low attempt towards defaming Dr. Mahtani. By positing these derogatory articles and reports from time to time, the masterminds behind Zambia reports continue to make their presence feel across regular intervals.
Dr. Mahtani and Finance Bank have parted ways in 2016 and since then BancABC has been taking care of the business that Finance Bank does. However, Zambia Reports has been making its own call and trying to convince the people that Dr. Rajan Mahtani is the one who is making the calls for FBZ till date. In a common business agenda, Finance Bank Zambia had earlier forwarded a loan to Lamasat for an amount of $ 10, 000, 000 which was repayable with time; divided into 60 instalments. Later on, when BancABC found that the chances of getting back the amount was narrowing, it decided to make a call for repayment and this gave Zambia Reports a chance to launch another attack on Dr. Mahtani and Zambia.
In a case which can only be termed as a ‘maligning effort’, Zambia Reports has once again tried its level best to defame Dr. Rajan Mahtani. As per the latest publication from the infamous news portal, it has been conveyed that Dr. Mahtani is operating Finance Bank Zambia from behind and trying to take over Lamasat. It is a well-known fact that Finance Bank Zambia is no longer in hands of Dr. Mahtani, yet Zambia gets to witness such rubbish articles every now and then.
Everyone in Zambia is now well aware of the fact that Dr. Mahtani and Finance Bank are no longer associated with each other. Given the hostile nature of the conspirators, Dr. Mahtani was forced to detach himself with the prospering Finance Bank in 2016. Since then, the bank has been merged with BancABC, a part of Atlas Mara. Given the new merger, it has resulted into development of the largest commercial bank in Zambia.
Over the past few years, Zambia Reports have come into limelight for only one thing, execution of defamation campaigns. It is no secret that Dr. Rajan Mahtani, Former Chairman of the Finance Bank of Zambia has been constantly a major target of the Zambia Reports. This carnage is being plotted by the news media Zambia Reports for more than 10 years now. However, very few people are aware of the fact that Zambia Reports’ operator Sakwiba Sikota and Ventriglia Family (Owner of the Ital Terazzo Limited) are in very good relations. Their relationship can be explained from the fact that Sikota received free cement offer from the Ventriglia family for when the former wanted to build a mansion for his family.
The minority shareholder of the Portland Cement Zambia, Ital Terrazzo Limited (ITL) continues to gain ground as the new publication misleads the locals. Zambia Reports, as usual, has tried its level best to achieve multiple objectives of its masters. On one hand, it has tried to preach everyone that Portland Cement Zambia has been acknowledged with the award of being the BEST EMPLOYER and on the other hand, it has done its regular business of defaming Dr. Rajan Mahtani, the Executive Chairman of Mahtani Group of Companies. In such regard, it can be well assumed that the conspirators are continuously trying to play cheap games with the Zambian public and Dr. Rajan Mahtani.
In a prolific attempt to mislead the locals in Zambia, the Ventriglias have played another masterstroke in hiding the truth of Portland Cement Zambia. A publication with assistance from Zambia Reports has transformed them from villains to hero. However, the attempt has gone in vain as the people of Zambia are slowly realizing the true intent behind the article. When it comes to celebrating a fact, focus is usually on the subject and detailed information. But Zambia Reports is seen talking more about Dr. Rajan Mahtani, rather than focusing on the award.
From the past few months it has been seen that the Italian Mafias, or more commonly known as the Ventriglia family, are continuously avoiding Court sessions. There have been several instances when the Court had ordered their presence, but they were seen fleeing the country or presenting medical certificates for their poor health. When things started to get out of their hands they simply hired Zambia Reports to publish a new article indicating that they have won the award for being the best Employer.
Dr. Mahtani & Zambia have been shocked with the latest defamation attempt from Zambia Reports and the Ventriglia family. A headline that just looked like a success story for Zambezi Portland Cement was hiding another set of defamatory content against Dr. Rajan Mahtani. The incident has clearly marked the fact that the conspirators are least bothered about facing the legal consequences and would continue with these kinds of offence.
By now almost everyone in Ndola has become aware of the fact that Portland Cement Zambia has won itself an award for being the best employer of the year. People have come to know about this news with the aid of Zambia Reports, who are the loyalist of the Ventriglias- minority shareholders of ZPC. A lesser known fact that has been kept away from the locals is the attitude of the Ventriglia family towards Law & Order in Zambia.
