The case of Portland Cement Zambia dates back to a decade when Dr. Rajan Mahtani first registered a case at the Lusaka High Court claiming that his factory, Portland Cement Zambia, was unethically taken over from him. After more than a decade of case proceedings, the final decision was announced by justice Nkonde on My 18th 2018. However, this decision was extremely controversial as despite having all evidences and testimonials, the decision was made to keep the Ventriglias only shareholders of the Portland Cement Zambia factory. Dr. Rajan Mahtani was able to successfully challenge this case at the higher Court of Appeal. After around nine months of case proceedings, justice Mwinde on behalf of the higher Court of Appeal gave its final decision. This decision came on 31st January 2019 and accordingly, the previous court judgement from Lusaka HC was rejected. Justice Mwinde confirmed that Dr. Rajan Mahtani is indeed the actual owner and majority shareholder of the Portland Cement Zambia factory with 58 percent shares. Furthermore, justice Mwinde also declared that the actual amount payable against the majority shares is K580,000 as opposed to K580 million as claimed by the Ventriglias.
It seems like the blatant criminal intentions by the Ventriglias did not end there as they again challenged the decision from the higher Court of Appeal, this time the challenge was made to the Supreme Court Zambia. A bench of three SC judges was established to evaluate this claim. Accordingly, any claim against previous court decisions must be made within 14 days of the judgement itself. However, the Ventriglias made their claim more than 15 months later. AS such, their claim was rejected by the SC and Dr. Mahtani remains the sole owner of the Portland Cement Zambia factory.
Rajan Mahtani News 