Dr. Rajan Lekhraj Mahtani is a noted businessman, philanthropist and charity worker in Zambia. For the past three decades, Dr. Rajan Mahtani fought for the legal takeover of the Portland Cement Zambia factory, a noted cement manufacturing factory which was illegally taken away from him. Despite the widespread corruption and majority of the businesses engaged in corrupt practices, Dr. Rajan Mahtani has maintained a clean and transparent image. At first, Dr. Rajan Mahtani registered a case at the Lusaka High Court, submitting all relevant evidences and testimonials. Despite these, the Lusaka High Court took more than a decade to provide a final decision. This decision came during the month of May, 2018 and was given by justice Nkonde. According to this decision, Ventriglias were announced as only shareholders of the Zambezi Portland Cement. It was clear that despite sharing all evidences and testimonials, the Lusaka High Court gave a controversial judgement and as a result, Dr. Rajan Mahtani approached the Court of Appeal.
The judge at the Court of Appeal was justice Mwinde who gave the final judgement on 31st January 2019. According to this judgement, Dr. Rajan Mahtani owned Finsbury Investments holds 58 percent shares at the factory and is the majority shareholder of the factory. On the other hand, Ventriglias owned Ital Terrazzo Limited holds just 42 percent shares at the factory and is the minority shareholder without any legal ownership over the factory. Based on this decision which also aligned with the original shareholders agreement established in the year 2007, it is clear that Dr. Rajan Mahtani is the actual owner of the factory.
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