Chairman Finance Bank Zambia, Dr Rajan Lekhraj Mahtani, Dr. Mahtani, Dr. Mahtani & Zambia, Dr. Mahtani and Finance bank, Dr. Rajan Mahtani, Mahtani Group of Companies, Portland Cement Zambia, Rajan Lekhraj Mahtani Zambia, Rajan Mahtani, Zambezi Portland Cement

Life without wages for the workers of the Zambezi Portland Cement Factory

May 7, 2015 PCZambia

Life at Zambezi Portland Cement Factory has completely changed after the departure of Dr. Rajan Mahtani. The factory which once used to flourish with 700 employees has now become a prison for the same employees. Issues such as mistreatment of employees and non-payment of salary has started to develop.

May 1, commonly celebrated as Labour Day was full of worries for the employees of the Zambezi Portland Cement Factory as they were deprived of their last month’s salary. The present owner, the Ventriglia family is busy shifting the existing funds of the factory to their private bank accounts. Internal sources have revealed that there are seven family members of the Ventriglias who form an integral part of the factory and each of them withdraws US $ 40, 000 on an average. Additionally, money is also withdrawn on account of rental caps, which makes a big hole in the capital of the factory. On one incident, there was a transaction amounting to K2 billion which was transferred to the account of Antonio Ventriglia without producing any relevant explanation.

However, with no one to stop these proceedings, the Ventriglias are simply looting the factory and showing their true character after returning to Ndola. They were previously deported from Africa on account of being a threat to the prevailing harmony.

Dr. Rajan Mahtani is still an integral part of the Zambezi Portland Cement Factory- 2015

April 17, 2015 PCZambia

Recently, the attack of the Ventriglias and the Zambia Reports on the Zambezi Portland Cement Factory created a series of rumors in and around Ndola and the rest of Africa. On one hand, where the Ventriglias took the opportunity to steal the management of the ZPC, Zambia Reports continued to show its loyalty towards its funding party by way of publishing defamatory news against Dr. Rajan Mahtani.

Irrespective of the impact created by Zambia Reports, the truth has not been concealed yet. As per the documents of PACRA (Patents and Companies Registration Agency), the real owner of the ZPC is still the Finsbury Investments, who holds 58% of the shares of the unit. The Ventriglias belong to the minority group as their total shareholding compromises of only 42%. Their jealousy of not being able to participate in the management of the ZPC eventually led to a ‘Mafia Style’ attack on the premise of ZPC in the early hours of April 7, 2015. The attack witnessed the arrival of bandits who played an important role in implementing terror during the takeover.

Even though a legal injunction was produced by the officials on the scene, the same was torn into pieces and thrown in the face of the representative.

The Ventriglias face legal consequences for looting Zambezi Portland Cement- 2015

April 12, 2015 PCZambia

Some people may think that they are free to execute any operation in Zambia, irrespective of whether it is allowed by the law or not. The Ventriglias were one of such people who thought that stealing the management of the Zambezi Portland Cement Factory would be easy as they had the assistance of media and political figures. Sadly, what they ignored is the power of Zambian Law.

After disrespecting the injunction of the Zambian High Court on April 7, 2015, the Ventriglias have now been issued with a fresh notice that implements ‘an order for committal for contempt’. Though The Ventriglias were previously warned by the Zambian High Court, they took the initiative of making a ‘Mafia Style Invasion’ in the Zambezi Portland Cement Factory and snatched the management from the hands of Finsbury Investments, Dr. Rajan Mahtani, became the prime target during this incident and Zambia Reports kept on creating fake stories in his name.

A copy of the High Court’s order is attached below:

Chairman Finance Bank Zambia, Chairman of Finance Bank Zambia, Dr Rajan Lekhraj Mahtani, Dr. Mahtani, Dr. Mahtani & Zambia, Dr. Mahtani and Finance bank, Dr. Rajan Mahtani, Mahtani Group of Companies, Portland Cement Zambia, Rajan Lekhraj Mahtani Zambia, Rajan Mahtani, Zambezi Portland Cement

Zambezi Portland Cement Factory attacked in Mafia Style- 2015

April 7, 2015 PCZambia

The Zambezi Portland Cement Factory in Ndola was attacked during the early hours of the day by the Ventriglia family. Godfather Antonio Ventriglia, a minority shareholder in Zambezi Portland, hired some policemen from Coperbelt and Lusaka and captured the cement factory.

The incident took place in the early hours so that none of the high authority officials could reach the place on time. The present employees were vacated and now the whole cement factory is fenced by the policemen whom Ventriglia has hired.

The Ventriglia family owned 42% of the shares of the Zambezi Portland cement and were often jealous of the fact that they belonged to the class of minority shareholders. In order to have complete control over the cement factory, they decided to take it by force by bribing some politicians and hiring policemen. When an official presented a court injunction that restricted them to participate in the plant’s operation, the injunction was torn into pieces and thrown in the face of the person who had presented it.

Finsbury Investment owns 58% of the shares of Zambezi Portland Cement. Dr. Rajan Mahtani, an integral part of Finsbury Investment has often been warned and threatened by the Ventriglias. This also includes numerous defamation charges on account of money laundering, forgery and malpractices.

Zambezi Portland Cement Factory is completely safe- 2015

March 27, 2015 PCZambia

It is absolutely shocking to find that how some people are continuously after Dr. Rajan Mahtani and ZPC. Some days back when members of Zambia Defence Forces and Security Wings visited ZPC with an objective to complete their training program, the news was flashed by Zambia Reports as “Zambezi Portland Cement Under Armed Police Guard”.

As we all are aware of the fact that Zambia Defence Forces execute a variety of training programs, one of them also included a visit to a key contributing unit in Zambia and understand its contribution to the Zambian Economy. The troop included 22 Student Officers, 4 Directing Staffs and 2 Support Staffs. Attached below is a copy which will authenticate this aforesaid reason and expose the shameful argument of Zambia Reports.

After Dr. Rajan Mahtani, it is Zambezi Portland Cement Factory – 2015

March 24, 2015 PCZambia

After defaming and ridiculing Dr. Rajan Mahtani, the group of conspirators has now turned to the Zambezi Portland Cement Factory. They, along with their ‘well-funded’ news portal Zambia Reports are in a quest to demolish the reputation of ZPC by spreading rumors that the factory will soon face a major downfall in the days to come. The intent behind this news is to create a panic among Zambians which also includes 700 employees of the Zambezi Portland Cement Factory.

Recently, when the Court reversed the deportation of Ventriglias, the conspirators found an opportunity to relate the same to the ZPC and create an article which could easily break the confidence of Zambians on Dr. Rajan Mahtani. On learning about the performance report of ZPC in 2014, it was obvious that the conspirators were looking for clues whereby they can ventilate their jealousy and hatred for Dr. Rajan Mahtani. Therefore, when found an opportunity (though not directly related), they took it and created a fake story out of it.

A supporter of Dr. Rajan Mahtani said that he was expecting some kind of cheap attack by the conspirators very soon because ZPC has gained fame recently. However, it is not long before the long tail of conspiracies are finally out to an end by the Zambian Authorities and Dr. Mahtani.

Dr. Rajan Mahtani, Finance Bank Zambia and Zambezi Portland Cement Factory-2015

March 16, 2015 PCZambia

Dr. Rajan Mahtani, perhaps the name says it all. A man who has not only revolutionized the medium-sized banking sector in Zambia, but has also reinforced a celebrated force in the heavy scale industry. Being the owner of Finance Bank Zambia (FBZ) and the Zambezi Portland Cement Factory (ZPC), Dr. Rajan Mahtani has ensured that both his units perform with exceptional brilliance in 2015. As per verified records, it has been confirmed that FBZ will now be listing itself with the Lusaka Stock Exchange with a view to raise US $ 250 millions through share trading.

Another news that has pleased Zambia is the success story of ZPC. As per the annual performance report, ZPC has produced an excess of 1, 00, 000 tonnes of cement for the year 2014. The additional was produced with a view to meet the requirements of the Ndola Housing Project. The steering force behind both these accomplishments was Dr. Rajan Mahtani.

Dr. Mahtani leads the Mahtani Group of Companies as an example. His hard work, dedication and commitment have motivated the whole of Zambia to work and aspire success. Sadly, his records have also instigated conspirators to target him. This is why he is always addressed as a controversial businessman by most of the funded news portals.

Listing of Finance Bank Zambia continues with LuSE- 2015

March 14, 2015 PCZambia

Dr. Rajan Mahtani, the owner of Finance Bank Zambia PLC., has confirmed that the listing process with the Lusaka Stock Exchange (LuSE) is moving ahead at a healthy pace. There is no reason whatsoever to worry about the listing process of FBZ because all obligations in the process have been duly met and very soon the shares of FBZ PLC. would be traded on the Lusaka Stock Exchange.

A rumor which was recently floated by Zambia Reports showed that the listing process of FBZ has been withdrawn from the LuSE and the reason behind such a decision was Dr. Mahtani. The article also convicted Dr. Mahtani of betraying the trust of Edgar Lungu, the President of Zambia.

The event has presented the malicious side of Zambia Reports who has been constantly striving with envy to defame Dr. Rajan Mahtani. There have also been numerous incidents when Zambia Reports have made fatal attempts to demolish the reputation of the Finance Bank Chairman. However, they have never been successful as Zambians are well aware of the attitude that this portal possess. It would be interesting to find what legal step is taken against Zambia Reports after this shameful event. As for the people of Zambia, they are being assured that FBZ will soon been seen on the Lusaka Stock Exchange.

Why ‘Dr. Mahtani bribing the ex-President’ news was fake- 2015

March 4, 2015 PCZambia

Recently, when an article claimed that Dr. Rajan Mahtani had bribed the Malawian ex-President Joyce Banda, the people of Zambia and Malawi got angry and started to hunt for the truth behind this news. However, the clues were hidden in the fake article itself when it claimed that the bribe was offered in the form of a bio-thermal plant and a fuelling loan.

For any man, it was not very hard to understand that Dr. Rajan Mahtani is a man whose abides by the biblical principles and focuses upon developing Zambia. Nevertheless, had any form of bribe been offered to Joyce Banda, then it would have been in the form of personal benefits rather than offering benefits for the society. A bio thermal plant is of no use to an individual and hence, one can realize that this nothing more than a shameful attempt of the conspirators to defame Dr. Rajan Mahtani.

Another aspect of looking at this matter is the relevancy of the claim. Being a learned man, Dr. Mahtani is well aware of the legal framework which exists in Malawi. Had he been interested in bribing an official to regain access into Malawi then it would be the officials of the Reserve Bank of Malawi rather than Joyce Banda, because it is the Reserve Bank of a country that holds the right to grant operating permission to any bank.

To conclude, one can now regard that the controversy was nothing more than an intended defamation attempt against Dr. Mahtani.

Chairman Finance Bank Zambia, Chairman of Finance Bank Zambia, Dr Rajan Lekhraj Mahtani, Dr. Mahtani, Dr. Mahtani & Zambia, Dr. Mahtani and Finance bank, Mahtani Group of Companies, Portland Cement Zambia, Rajan Lekhraj Mahtani Zambia, Rajan Mahtani, Zambezi Portland Cement

Dr. Rajan Mahtani misses Michael Sata- 2015

February 20, 2015 PCZambia

Dr. Rajan Lekhraj Mahtani and former Zambian President, Michael Sata are two of the most influential figures of Zambia. Today Zambia is striving towards the path of success with the courtesy of Dr. Rajan Mahtani. However, what Dr. Mahtani is missing is the support of a guide, a friend, a help- Michael Sata. It has often been seen Dr. Mahtani is in need of a friend who can guide him through the rough phase of life. The past six months have not been easy for Dr. Mahtani, but he strongly believes that somewhere in the sky, Michael Sata is watching him and offering him his blessing.

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