Tag Archives: Mahtani Group of Companies

Dr. Mahtani & Zambia Are Being Fooled By The Ventriglias

The Ventriglia family has certainly learnt its lesson to bluff in detail. They are constantly trying to fool Dr. Mahtani & Zambia by issuing stories that are diverting the attention of the locals. When it comes to determining the actual status of the Portland Cement Zambia, nobody knows the true picture. Factors like the number of workers in the factory, the profit registered by the factory in the present year, etc., have not been indicated anywhere. But when it comes to placing vague claims the conspirators have certainly tried their level best to portray themselves as the best Employers in Zambia.

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A temporary win for Rajan Mahtani

Rajan Mahtani, a business tycoon based in Zambia has been facing an onslaught from a group of conspirators since the past decade. However, it has been for the first time that marginal signs of ‘weakening conspiracy’ has been revealed. After launching a series of attack on the former Finance Bank Chairman, Zambia Reports has finally realized that this conspiracy was hurting them more than it was hurting the reputation of Rajan Mahtani.

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Malicious attempt against Rajan Mahtani starts to fade

With time the truth has finally began to surface. Rajan Mahtani, a name that Zambia Reports always believed to be on the wrong side is currently revealing his real identity. In the long run, facts have taken over and all the drama along with scripts have gone down the drain. The people of Zambia can no longer be fooled by stating that a ‘trusted source’ informed them with the information, because in reality there is nothing such as a trusted source for them. It is only scripts that are written in their office and then published in public.

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Zambezi Portland Cement inches closer to drowning

The people of Zambia in general and Ndola in particular would not have thought that their very own Zambezi Portland Cement would be dismantled in this way. A cement factory that had seen better days is now being slowly tortured to death following the loot of cash from the factory cashbox and reallocation of assets of the parties to external companies. This is how a flourishing factory has been reduced to ashes within a matter of one and half years.

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Zambia Reports defame Rajan Mahtani, hides behind Ventriglias

Zambia Reports has become a weapon of character assassination for the Ventriglia family. Rajan Mahtani, a respected businessman in Zambia and worldwide has become a victim of their vicious conspiracy as his path crossed with the illegal route that the Italian Mafias were taking. The main reason behind this slander crusade is Portland Cement Zambia and its ownership. As per PACRA, the legitimate owner of Portland Cement Zambia is Finsbury Investment, but the minority shareholders of the factory, Ital Terrazzo Limited (owned by Ventriglias) claim themselves as the owner.

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Dr. Mahtani & Zambia face defamation from ZR

Zambia Reports has often tried to post itself as a reputed news portal that serves authentic news. However, after defaming Dr. Mahtani & Zambia it has lost its place in the heart of the Zambian citizens. People are now well-aware of the hideous game that Zambia Reports has been playing for its masters and the result of this impact is a strong condemn. Any person who has followed Zambia Reports’ last few publications against Dr. Rajan Mahtani and other entities related to him would see that the article has been criticised by the locals through the comments.

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Zambia Reports can boast, but not win against Dr. Rajan Mahtani

Zambia Reports, a so-called news portal has become the centre of attention for continuously defaming Dr. Rajan Mahtani, the former Chairman of Finance Bank Zambia. For the past years, it has constantly been trying to steal the spotlight with the aid of publishing scripts that are either written by its own writers or are fabricated with a view to defame Dr. Rajan Mahtani. Given this scenario, it has become obvious that the conspirators are thinking that they can win over Dr. Mahtani by continuously pursuing such act of shamelessness.

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When it comes to matching grounds with reality, Zambia Reports is totally clueless. ZR thinks that it has been making a decent impact among the people of Zambia and soon the locals would be convinced that Dr. Rajan Mahtani is a controversial figure. However, the actual state of affairs has something else to highlight. When one looks at the past publications of ZR, the article comes with a series of comments that clearly indicates the disgust that the people of Zambia have developed against ZR and the bunch of conspirators. Needless to say, none of the comments have ever been attended by Zambia Reports or any of its representatives.

One thing that amazes the mass is the absence of necessary intervention from the Government of Zambia. The defamation campaign has been running for almost a decade now and the officials have preferred to maintain silence after the demise of Michael Sata. The inference is that the new Government under President Lungu is least bothered about how a senior citizen is being dealt by a group of conspirators. That is why, most of the appeals in respect of defamation are either ignored or dismissed on ground of being irrelevant. But the question is, for how long? The only motivating force behind Dr. Rajan Mahtani is the support of the locals.

As Portland Cement Zambia falls, conspirators try to divert attention

There is no disagreement to this fact that the Portland Cement Zambia has been facing the worst phase of its life. With Finsbury Investment gone from the management position, the flourishing factory was left at the mercy of Ital Terrazzo Limited. Time has itself answered the question for the people of Zambia and now they are witnessing one of the most infamous collapse of an integral development project.

The Portland Cement Zambia was established with a view to make Zambia efficient enough to have its own source of cement. Competitors like Lafarge were left far behind and the people of Ndola were able to find employment for themselves, but then came the Ventriglias and started the carnage that hasn’t stopped till date. Talk about issues like corruption and money mismanagement and story seems to be never ending starting since the infamous takeover. Today, Portland Cement Zambia has become non-operating. The production facility has stopped. There is no longer the rush of workers and there is nobody who is taking care of the planning and development process.

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In 2014-15 the factory had registered a record production of 4, 70, 000+ tonnes of cement with the available resources. But with time, the same only appears to be a glorified achievement. The conspirators have taken over the factory and at the moment are only interested in diversifying the assets of the factory to personal accounts. On the other hand, there is no news of the factory. Rather, Zambia Reports is carrying on a business to defame Dr. Rajan Mahtani, Finsbury Investment and Finance Bank of Zambia (now merged with BancABC).

The overall incident now clearly indicates that the owners of Ital Terrazzo Limited are trying to diverge the attention from Portland Cement Zambia to Dr. Rajan Mahtani because they know the consequences that they are likely to face if whole of Zambia comes to know about this “merciless slaughter”.

Ex- Chairman Finance Bank, Zambia mourns for Portland Cement Zambia

The Ex-Chairman Finance Bank, Zambia, Dr. Rajan Mahtani and the whole of Zambia have witnessed one of the most horrendous downfall of all time. The Portland Cement Zambia was one of the most distinguished cement producing units in Ndola and was doing an exceptional job in terms of strengthening the economy of Zambia until March 2015. Today, the cement factory has turned into a house of broken walls and a living place of rodents and mice. Thanks to the Ventriglia family who have made this possible by way of stealing all the resources and dismissing the workers from the factory.

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When it comes to handling actual information, Zambia Reports is poles apart. After all, why would Zambia Reports host a news if it doesn’t fill up their pocket. Irrespective of the fact that Portland Cement Zambia has been looted and Zambia is on the verge of losing one of its greatest strength, there is no media coverage on the same. On the other hand, the ex-chairman Finance Bank, Zambia, Dr. Rajan Mahtani is being targeted because he has stood up against the injustice that Ital Terrazzo Limited (ITL) is currently carrying on.

Dr. Rajan Mahtani was previously the chairman Finance Bank, Zambia and he vacated his seat because of the conspiracy which was being run against him. In fact, the success story of Portland Cement Zambia in 2014-15 is also largely because of Dr. Mahtani’s contribution as he is an integral part of Finsbury Investment (owner group of Portland Cement Zambia). Regardless of this fact, today Zambia Reports, the Ventriglia family (Owner of Ital Terrazzo Limited), Henry Banda and Simataa Simataa have joined hands with a view to defame Dr. Rajan Mahtani. The reason is obviously that all of the above mentioned names have either lost or have scores to settle with Dr. Mahtani earlier.

Zambezi Portland Cement tries to hide behind Dr. Rajan Mahtani

Nowadays, it is become very easy for people to shift the attention of others from one place to another. All that they need to do is start blaming other people and take assistance from certain promoters who would help them. In Zambia, the same thing is being executed by the Zambezi Portland Cement Mafias, the Ventriglia family. The condition of the factory has gone past beyond recovery, yet the Italian Mafias are escaping the scene by shifting the focus Dr. Rajan Mahtani and Finance Bank of Zambia. Their game plan is to keep the focus on others and try to extract as much as possible from the factory before bidding farewell to Zambia.

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An active partner in crime is the Sakwiba Sikota operated news channel Zambia Reports. The duty of the news channel is to engage the audience in some scripted stories on a monthly basis and then flee the scene within a matter of days. The activity has been running on from the past decade and is likely to continue as long as the Ventriglia family doesn’t have their purpose served in Zambia.

Zambia is being silently been destroyed by a group of people who have no other business apart from looting the resources and trying to fill their own pocket. What hurts the most is that the common men are cheating their won brothers for the sake of few dollars. Sakwiba Sikota, Henry Banda and Simataa are Zambians, but they have sold themselves to the Ventriglia family. This is why every now and then there is some news on Dr. Rajan Mahtani and people are forced to go through the painstaking task of objecting on every single time. Had Zambia Reports operated with politeness, it would have easily helped people to solve the problem of Zambezi Portland cement.