Details Shared By The Court Of Appeal Judge Clearly Establish Dr. Mahtani As Actual Zpc Owner

Dr. Rajan Lekhraj Mahtani has proved again that patience, honesty and transparency are the best tools for dealing with unethical and corrupt practices. After getting no justice from Lusaka High Court, Dr. Mahtani approached the higher Court of Appeal. It is one of the highest judicial institution of Zambia and therefore, hopes were higher from this court. The final statement was announced by justice Mwinde on 31st January 2019 and according to this statement, Dr. Mahtani was the actual owner of the factory. 

The main significant subtleties shared by the Court of Appeal judge was related with the first investors understanding. The understanding, which was set up in the year 2007, unmistakably expressed that Dr. Rajan Mahtani paid an aggregate of USD 250,000 or 1 billion kwachas to the Zambezi Portland Cement in the year 2005. This sum was paid with the goal of covering the whole estimation of the offer capital related with ZPC constrained. Besides, the first investors understanding obviously settled that Dr. Rajan Lekhraj Mahtani paid for all expenses related with the agreement and increased 58 percent portions of the processing plant, making him the larger part investor. The subsequent significant detail was related with PTT or 'Property Transfer Tax' which as indicated by law expresses that it is the duty of the seller or the transferrer to give the PTT, which right now the past proprietors of the Zambezi Portland Cement. 

By declaring these details, justice Mwinde on 31st January 2019 reported that Dr. Mahtani is the genuine proprietor of the manufacturing plant and with this, the case is closed now.