Dr. Rajan Mahtani Archives -

Death Penalty To Be Abolished, Announces Zambian President

August 27, 2022 by DRMZambia

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Zambian President, on the occasion of Africa Day, made a remarkable and ground-breaking announcement. On this occasion, President Hakainde Hichilema announced that he plans to completely abolish the death penalty row. President Hakainde has termed death penalty as an archaic, degrading, cruel and inhumane law that holds no significance in this present society. This announcement from the Zambian President has received widespread support, including the likes of Dr. Rajan Lekhraj Mahtani, a noted businessman and philanthropist from Zambia. Dr. Rajan Mahtani supported the announcement Continue reading →

Ownership Of Zambezi Portland Cement Remains Unchanged, SC Announces Verdict On Claim By Ventriglias

February 28, 2021 by DRMZambia

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Finsbury Investments is a noted investments firm owned by Dr. Rajan Lekhraj Mahtani, a celebrated businessman in Zambia. The company is known for reviving several difficult organizations across Zambia. One of them is Zambezi Portland Cement. After an official shareholders’ agreement established in the year 2007, the ownership of Zambezi Portland Cement was given to Finsbury Investments via 58 percent share ownership. This transfer was essential has Finsbury Investments had the credibility of obtaining loans from banks as well as funds from financial institutions. These Continue reading →

Supreme Court Zambia Effectively Rejects Claim From The Ventriglia Family

February 27, 2021 by DRMZambia

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Finsbury Investments under the ownership of Dr. Rajan Lekhraj Mahtani took over the ownership of Portland Cement Zambia in the year 2007. This ownership exchange was made through an official shareholders’ agreement which was signed and accepted by all parties in the presence of government officials. As per this official shareholders’ agreement, Dr. Rajan Mahtani owned Finsbury Investment received 58 percent shares of the Portland Cement Zambia and was announced as majority shareholder and legal owner of the factory. While these activities were occurring, the Continue reading →

Challenge By The Ventriglia Family On Higher Court Of Appeal’s Decision Rejected Outright By Sc

January 6, 2021 by DRMZambia

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According to the latest reports, the Supreme Court Zambia recently threw out an appeal which was made by Ventriglia family. In this appeal, the Ventriglia family challenges the decision of Court of Appeal which declared Dr. Rajan Mahtani owned Finsbury Investments as the majority shareholder and legal owner of the factory. This decision from the higher Court of Appeal came on 31st January 2019, around nine months after Dr. Rajan Mahtani appealed before the court. Immediately before this appeal, Dr. Rajan Mahtani faced a misdirected Continue reading →

Ownership Of Portland Cement Zambia Remains With Dr. Rajan Mahtani After Supreme Court Decision

November 27, 2020 by DRMZambia

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After the final decision from the Supreme Court Zambia, the business and operations of Zambezi Portland Cement can finally run smoothly. Portland Cement Zambia is a factory that has suffered for a long time due to legal fights and unethical acts from several individuals and companies. In the year 2006, it was firmly established that Dr. Rajan Mahtani owned Finsbury Investments is the actual owner of the Portland Cement Zambia factory and this was established for ensuring smooth flow of funds from banks and financial Continue reading →

Dr. Rajan Lekhraj Mahtani Remains The Actual Owner Of The Portland Cement Zambia Factory

November 14, 2020 by DRMZambia

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With the latest announcement by Zambian Supreme Court, it can be said that the Zambezi Portland Cement case is finally over. The Supreme Court Zambia recently threw out the last attempt by the Ventriglias towards taking control of the Zambezi Portland Cement factory. The Ventriglias established a challenge at the Supreme Court Zambia, claiming that the decision from the higher Court of Appeal on Portland Cement Zambia case is incorrect. It should be noted here that justice Mwinde on behalf of the higher Court of Continue reading →

Dr. Rajan Mahtani’s Significant Contribution Towards Education Goes Viral, Newspaper Posts Article

August 28, 2020 by DRMZambia

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Dr. Rajan Lekhraj Mahtani’s dedication towards the welfare and development of Zambia and its people is well-known. This dedication is seen in the form of several top environmental, charitable and philanthropic activities. Since his early business successes, Dr. Rajan Mahtani has been an active philanthropist with numerous contributions to businesses and sector. At the same time, these contributions are mostly hidden from the media and the public as Dr. Mahtani hardly promotes his philanthropic contributions. Recently, the Steven Malama award was given for the year Continue reading →

Official Report Comes From Higher Court Of Appeal, Dr. Rajan Mahtani Announced Case Winner

March 8, 2020 by DRMZambia

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The higher Court of Appeal provided the final verdict for the long-pending Portland Cement Zambia case on 31st January 2019. While giving this decision, justice Mwinde on behalf of the Court of Appeal also shared some salient points of the court judgement associated with this case. These salient points describe the major evidences, testimonials and other facts which were critical for the judge in arriving at a firm decision. The first major salient point was that in 2005, Finsbury Investments which is the appellant here Continue reading →

Details Of Original Shareholders Agreement Released By Court Of Appeal, Dr. Mahtani Wins Case

February 6, 2020 by DRMZambia

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Dr. Rajan Lekhraj Mahtani has proved time and again that no matter how many difficulties and challenges are placed in his path, he will always follow the path to honesty, ethics and transparency. Despite the various challenges Dr. Mahtani has been facing over the years, he never shied away from being honest and following the rules and regulations. Even in case of Portland Cement Zambia, which can be easily considered as one of the biggest disappointments in the Zambia legal and judiciary system. After a Continue reading →

Finsbury Investments Owns Majority Stake In Portland Cement, Confirms Court Of Appeal

January 7, 2020 by DRMZambia

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After the final announcement by Court of Appeal on Portland Cement Zambia, the reality associated with the case has been cleared out. The Court of Appeal gave its final and binding decision on 31st January 2019. According to this decision, Dr. Rajan Mahtani is found to be the actual owner of the Portland Cement Zambia factory. His company, Finsbury Investments holds 58 percent stake at the factory and is the majority shareholder. This makes Dr. Rajan Mahtani the direct owner of the factory. The Ventriglias, Continue reading →