Tag Archives: Mahtani Group of Companies

London, United Kingdom September 10, 2018

Dr. Rajan Lekhraj Mahtani (popularly known as Dr. Mahtani) is a Zambian businessman and philanthropist and Chairman of the Mahtani Group of Companies. He has business interests across Africa, Europe and Asia. The Mahtani group includes a large number of Companies and has been built into one of the largest conglomorate in Zambia, employing over 3500 personell and funding more than twenty development projects in Zambia, apart from countless charitable and philanthropic initiatives.

However, his success has naturally been accompanied by a vicious smear campaign, aimed at maligning Dr. Mahtani’s reputation, by vested interests in Zambia, and supported by persons in America and Europe. It is noteworthy, that Dr. Mahtani filed defamation cases in the State of Arizona and State of Minnesota, USA against such publishers of defamatory articles, including Zambiareports.com. The case was resolved between both parties and Zambiareports removed all such articles as they were malicious, defamatory, libellous, false and without any substance.

It has been brought to our notice that certain articles emanating from the removed Zambiareports articles have been copied, reproduced and/or published by various other websites, individuals and online publications.

At Dr. Mahtani’s behest, his attorneys have reached out to those whose contact information was publicly available, while several others which were posted anonymously, remain in the public domain. To those publishing and posting false allegations, which have been proved to be without substance and deliberately malicious in various Courts of Law in USA, UK, and Zambia, Dr. Mahtani’s USA attorneys Clare Locke LLP , and UK attorneys Gordon Dadds LLP officially advise through their respective letters (attached) Individuals and organization who may which to seek independent clarification may write to them directly. In the absence of which, those indulging in these activities are warned that they do so at their own risk and Dr. Mahtani reserves the right to take appropriate legal action against them.

Dr. Mahtani has worked relentlessly for the upliftment and development of Zambia as a businessman and a philanthropist and has earned an impeccable reputation. He has led numerous businesses in Zambia, Zimbabwe, Malawi, Sierra Leone, Europe and Asia with a primary focus on banking, insurance, property development, financial, manufacturing and investment sectors. His highly successful business and development projects have benefitted the respective Countrys’ economy and improved the standard of living in Zambia and other territories. He holds the importance of integrity, good governance, honesty and lawfulness very dear to him. He takes these false allegations as an attempt to defame and cause harm to not just his businesses, but him personally

Attachments:

1. Letter issued by USA attorneys Clare Locke LLP-https://www.dropbox.com/s/tdz8hamgdva55on/ClareLocke.png?dl=0

2. UK attorneys Gordon Dadds LLP –https://www.dropbox.com/s/sw91sr49tkmehee/Gordan%20Dadds.png?dl=0

Zambezi Portland Cement

Verdict Of One Of The Biggest Corporate Cases Of Zambia, Portland Cement Zambia, Announced

September 14, 2018 PCZambia

It is a known fact that nations need to improve their legal and regulatory framework, laws and courts proceedings so that judgments are fast and efficiency of every individual working within the nation is improved. However, same cannot be said for the Zambian court and law system. The case of Portland Cement Zambia is dragged for almost ten years now.

During this trial which stretched to more than ten years, Dr. Rajan Lekhraj Mahtani and his lawyers have submitted numerous evidences and documents that were more than enough to prove his legal ownership over the factory. Some of these documents included signed shareholder’s agreement, testimonials from critical and influential members of the factory, financial exhibits which clearly indicated that Dr. Mahtani has spent more than USD 12 million on the factory’s growth and development as well as investment reports. Dr. Mahtani also shared another critical evidence which was independent audit report conducted by an independent auditor. As per this report, the factory was established as joint venture agreement and Dr. Mahtani was the sole joint venture partner of the factory.

Even the judge overseeing the case at the Lusaka High Court provided a positive announcement when the judge closed the case hearing for the case. This meant that the judge will not entertain anymore case hearings or trials and final judgment will be shared based on the evidences and testimonials shared by both parties. This was great news for Dr. Mahtani as his evidences were more than enough to prove his rightful claim over the factory. However, the judge made a surprise turn during the announcement of the final judgment. The final verdict was given against Dr. Mahtani’s claims, which was a shocking event. From this surprise judgment, it was clear that the verdict was misdirected and even influenced. Dr. Mahtani has now made an appeal to the ‘higher court of appeal’ after the dissatisfactory verdict from the Lusaka High Court.

Money Laundering