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Showing posts from August, 2019

Dr. Rajan Mahtani Announced Majority Shareholder And Legal Owner Of The Zambezi Portland Cement

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At last, the criminal aims of the unscrupulous Ventriglias were uncovered by the Court of Appeal, when the judge from the Court declared the last judgment on Portland Cement Zambia case. On 31st January 2019, the judge at the Court of Appeal Zambia gave the last declaration for the long pending case. The judge was justice Mwinde who adequately switched the judgment by the Lusaka High Court judge.  As indicated by the most recent judgment by the Court of Appeal judgment, Dr. Rajan Mahtani claimed Finsbury Investments is larger part investor of the Zambezi Portland Cement with 58 percent shares. Then again, Ventriglias possessed Ital Terrazzo Limited holds 42 percent shares at the plant and is the minority investor with no legitimate responsibility for processing plant. This shareholding design additionally lines up with the first Shareholders Agreement which was set up in the year 2007. In light of this choice, it is confirmed that Dr. Rajan Mahtani is the lawful proprietor of t