Portland Cement Zambia Case Misdirected, Claims Dr. Rajan Mahtani

Portland Cement Zambia Case Misdirected, Claims Dr. Rajan Mahtani

Dr. Rajan Lekhraj Mahtani is a noted businessman in Zambia. Over the course of three decades, Dr. Rajan Mahtani has achieved numerous achievements in the form of successful businesses. Some of his top companies are Mahtani Group of Companies and Finsbury Investments. For the past ten years, Dr. Rajan Mahtani has been fighting for the rightful ownership of Portland Cement Zambia, a factory which was illegally taken away from him. After this illegal takeover, Dr. Rajan Mahtani launched a case against at the Lusaka High Court. However, the limitations of the Zambian law and government have resulted in constant failure for Dr. Rajan Mahtani. During the course of case proceedings spanning almost a decade, Dr. Rajan Mahtani shared numerous documents and evidences which support his real and legal ownership over the factory. Some of these evidences included signed shareholder’s agreement, testimonials, and reports confirming investments over the factory. Another important document was an independent audit report which confirmed that the factory was established as a joint venture and Dr. Rajan Mahtani was the sole joint venture owner.

Dr. Rajan Mahtani

The judge overlooking the case made some positive announcements a few months back when it was revealed by the judge that the case hearing is closed. It was a very positive and significant announcement for Dr. Rajan Mahtani as the closure of case hearing means that no more proceedings and strenuous court activities. This also meant that the dragging of the case is finally stopped. The judge announced that both parties were to submit their evidences and testimonials in a written and oral format. Based on the analysis of these evidences, the judge would be making their final decision. It was evident that Dr. Rajan Mahtani was going to win this case.

However, things took a dramatic turn when the judge announced the final judgment against Dr. Rajan Mahtani’s claims. It was a shocking event as all the evidences and testimonials suggested otherwise. It was clear that the decision making was influenced by external forces.

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