Categories: Zambia Biographies

10 things you didn’t know about Rajan Mahtani

  1. Rajan Mahtani is a Zambian business magnate who is Chairman of Finance Bank Zambia Limited.
  2. He pursued a career in Finance and Law.
  3. Rajan is a Fellow of the Chartered Association of Certified Accountants and holds a PhD in Commercial Law from the London Institute of Business Studies.
  4. On 13 April 2015, Mahtani agreed to surrender his claim over the Zambezi Portland Cement Factory, which its minority shareholder ‘the Ventriglias’ had taken over by force on 7 April 2015.
  5. The surrender was made with a view to safeguarding the interest of the existing employees working at the Zambezi Portland Cement Factory.
  6. On July 28, 2015, the Malawi High Court passed a judgement in favour of Dr Rajan Mahtani where it was witnessed that Nyasa Times, had published defamatory content in the name of Dr Mahtani.
  7. With no particular evidence and weak arguments from the side of Nyasa Times, the High Court Honored Dr Rajan Mahtani with a win and Nyasa Times has been asked to take down all the defamatory content from its website along with paying a sum as compensation for the injury caused
  8. The issue is connected to share forgery charges which the Ventriglia family has put on Dr Rajan Mahtani with respect to Zambezi Portland Cement Factory
  9. It was concluded that it was wrong on behalf of the acting Director of Public Prosecutions and Attorney General to support the arrest of the Former Finance Bank Chairman, Dr Rajan Mahtani.
  10. The decision which was made earlier in 2012, will stand as same and therefore, Mahtani cannot be questioned on the share forgery claim anymore.
Youth Village Zambia

Share
Published by
Youth Village Zambia

Recent Posts

African Food Magazine, Foodie Mag Launches

Foodie Mag, a new South African food publication, is excited to announce its launch as…

10 months ago

Exciting Launch of a New Farmers Magazine: An Invaluable Agricultural Resource

Nine80 Digital Media, a leading media company, has unveiled its latest endeavor aimed at empowering…

11 months ago

United Arab Emirates President meets with world leaders on sidelines of World Future Energy Summit

President His Highness Sheikh Mohamed separately met with President Hakainde Hichilema of Zambia; Nana Akufo-Addo,…

1 year ago

United Nations (UN) experts intervene in toxic legacy class action against lead pollution

GENEVA, Switzerland, January 19, 2023/APO Group/ --  A court in South Africa has admitted several…

1 year ago

United Nations (UN) experts to intervene in Zambia lead pollution case

NEW YORK, United States of America, January 20, 2023/APO Group/ --  A South African court…

1 year ago

This website uses cookies.