Supreme Court Rests The Case Of Portland Cement Along With Claim By Ventriglias
The Supreme Court Zambia recently put an end to the case of Portland Cement Zambia. This claim was brought up to Supreme Court Zambia by the Ventriglia family with claims that the decision from the higher Court of Appeal was wrong. On 31st January 2019, justice Mwinde on behalf of the higher Court of Appeal reversed the previous decision from the Lusaka High Court and announced that Dr. Rajan Mahtani is the ultimate owner of the Portland Cement Zambia . Now the Ventriglia family challenged this decision at the Supreme Court. At the same time, the Ventriglia family also claimed that the actual amount against majority shares will be K580 million and not K580,000 as finalised by the higher Court of Appeal. To evaluate the validity of this claim, a bench of three Supreme Court judges was established. These included judge Royda Kaoma, Judge Michael Musonda and Judge Mumba Malila. Together, the judges shed light to various attributes associated with the case in a transparent manner. One of