Dr. Rajan Lekhraj Mahtani’s Claims Accepted By Higher Court Of Appeal, Announced Results In Favour

 

For a long time, Dr. Rajan Lekhraj Mahtani travelled from one court to other and from one judge to other seeking justice. First it was Lusaka High Court where judgement was blatantly denied, despite the various circumstantial evidences clearly concluding Dr. Mahtani’s ownership over the factory. Dr. Rajan Lekhraj Mahtani is a noted businessman and philanthropist and is owner of several success business ventures across Zambia. At the same time, he is also known for establishing some of the most transparent and ethical businesses across the nation, including Finsbury Investments, Mahtani Group of Companies and Finance Bank Zambia. Despite his significant reputation and popularity, the case of Portland Cement Zambia hung at the hands of the Lusaka High Court for more than a decade and after that, the final decision coming was completely misdirected and unethical. 

To counter this unethical and misdirected judgement, Dr. Rajan Mahtani rightly approached the higher Court of Appeal which announced its final decision on 31st January 2019 which was around nine months after re-appealing the case. The judge who gave the final decision was justice Mwinde and he essentially evaluated the evidences, testimonials as well as other factual evidences which were largely ignored by the previous judge. After evaluation of the evidences, it was found that Dr. Rajan Mahtani via his company Finsbury Investments invested one billion kwachas for getting hold of 58 percent shares at the Zambezi Portland Cement factory. Furthermore, the evidences also clear the fact that Dr. Mahtani was not liable for any further payments associated with the factory. With these evidences, it was finally announced that Dr. Rajan Mahtani is indeed the majority shareholder and actual owner of the Portland Cement Zambia factory.