Finsbury Investments Announced As Owner Of Portland Cement After Court Of Appeal Announces Decision
The instance of Portland Cement Zambia industrial facility at last arrived at its last goal on 31st January 2019 when the Court of Appeal gave an ultimate choice on the responsibility for production line. It was Dr. Rajan Mahtani who was demonstrated to be the real proprietor of the Portland Cement Zambia industrial facility as it was discovered that through his organization Finsbury Investments, Dr. Mahtani possessed 58 percent shares of the manufacturing plant. Correspondingly, Ventriglias through their company Ital Terrazzo Limited held only 42 percent shares at the production line. This makes the Ventriglias minority investors with no lawful proprietorship and Dr. Rajan Mahtani the dominant part investor and real proprietor of the Portland Cement Zambia processing plant. Before the unlawful takeover of the Portland Cement Zambia industrial facility, it was known for its few accomplishments. The manufacturing plant was known for establishments of cutting-edge hardware and