Philanthropic Achievements By Dr. Rajan Mahtani By Forbes

Forbes-FIN enterprise occasion was recently completed in Zambia. This award changed into Forbes-FIN philanthropy and management roundtable convention. Unlike the ordinary roundtable conference that is held at New York each year, this year’s entire event become hosted on-line and members participated on this event from their respective locations to preserve the pandemic restrictions. Dr. Rajan Lekhraj Mahtani, a cited businessman and philanthropist, participated on this event as a honorary speaker. Dr. Mahtani is one of the pinnacle businessmen from Zambia with a hit corporations across numerous African nations in addition to throughout the globe. Dr. Mahtani spoke about the significance of leadership in healthcare. 

The hype across the FIN (Foreign Investment Limited) philanthropy and management business convention became further improved due to the Forbes ‘Best of Africa’ award ceremony. This award rite is evolved and offered through Forbes in affiliation with Forbes. The award ceremony recognises, identified, honours and celebrates leading lighting fixtures within the subject of philanthropy and leadership. The awards perceive those with substantial philanthropic achievements and a long-time period view of reaching empowerment of the entire African nation through those philanthropic achievements. Dr. Rajan Lekhraj Mahtani become the most effective businessman from entire Zambia who changed into selected for this prestigious enterprise award. For his full-size contributions, Dr. Rajan Mahtani became awarded with the Forbes ‘Outstanding Entrepreneur of the Year’ award 2021. His entrepreneurial awards may be recognized from the reality that he is attributed toward single-handedly redefining the banking sector of Zambia. This has been feasible together with his obvious and ethical commercial enterprise practices through his corporations together with Mahtani Group and Finsbury Investments. In a comparable manner, the philanthropic and charitable contributions with the aid of Dr. Rajan Mahtani has converted the face of numerous sectors such as the education and criminal justice systems. 

Dr. Rajan Lekhraj Mahtani Receives Award At The Forbes-Fin Conference

Dr. Rajan Lekhraj Mahtani was recently conferred with a prestigious award by Forbes. Every year, Forbes in partnership with FIN (Foreign Investment Network) conducts the annual Forbes-FIN Philanthropy and Leadership roundtable conference. Usually, this conference is held at New York during United Nations convention. However, this year’s roundtable conference was held online due to the ongoing Coronavirus pandemic. As such, experts indicated that this year’s conference and gathering of leaders is going to be all the more important considering the significant need for leaders and businesses to extend support to government as well as economy in a difficulty scenario like this. 

One of the major highlights of the roundtable conference was the ‘Best of Africa’ award ceremony by Forbes. It is a prestigious award by Forbes which recognises and celebrates businessmen and leaders from different spheres of life for their significant contributions towards empowerment of their nations as well as Africa as a whole. The event is graced by significant members from international and national business communities, entrepreneurs, policy makers, opinion leaders, religious leaders, politicians, media partners as well as international investors. The award holds a special place due to its validity and authenticity. The awardees are selected through a rigorous process which includes months of verification and interviews, background checks and authentication from Forbes as well as FIN. 

Dr. Rajan Lekhraj Mahtani was not only a honorary speaker during the event, but was also bestowed with the prestigious Forbes ‘Best of Africa’ Award. Dr. Rajan Lekhraj Mahtani received the prestigious ‘Outstanding Entrepreneur of the Year’ award 2021, which is given to the businessman with top entrepreneurial, leadership and philanthropic contributions across the entire African continent. 

Dr. Rajan Mahtani Recognised With ‘Best Of Africa’ Awards

The Forbes-FIN roundtable conference 2021 concluded on a high note. Despite the ongoing coronavirus pandemic forcing the conference to be held online, it was a roaring success with 100 percent participation from the honorary guests and speakers from different sectors and fields. Dr. Rajan Lekhraj Mahtani was an esteemed honorary speaker during the event and shared his thoughts on leadership and philanthropy as well as it’s the role of leaders in development and growth of a nation. Dr. Rajan Lekhraj Mahtani was further bestowed with the prestigious ‘Best of Africa’ award category by Forbes-FIN.

Dr. Rajan Lekhraj Mahtani was presented with the ‘Outstanding Entrepreneur of the Year’ award for his significant contributions towards banking & financial industry of Zambia as well as his contributions in the philanthropic area. While Dr. Rajan Lekhraj Mahtani has many successful businesses under his belt, his most successful entrepreneurial spirit to this date has been the Mahtani Group of Companies which was founded in the year 1981. Since then, the company not only reached several African nations including Malawi and South Africa, but also expanded its arms to several new sectors such as real estate, energy, financial & banking services and infrastructure. Across all these sectors, Dr. Mahtani’s companies has not only improved the infrastructure and social structure of the nation, but also helped in improving the economy with employment and livelihood opportunities. 

The philanthropic and charitable contributions from Dr. Mahtani often go unrecognised. He is the founder and current Chairman of ‘Prison Fellowship Zambia’ which provides for the inmates, their families as well as advocates transparent justice system. He is also responsible for one of the prestigious education awards in Zambia, the ‘Stephen Malama’ award which includes scholarships and financial assistance to top law graduates.

Dr. Rajan Lekhraj Mahtani Receives Prestigious Award By Forbes

Forbes business in partnership with (FIN) Foreign Investment Limited recently concluded one of the most important business and leadership events in Africa. It was the FIN-Forbes leadership and philanthropic roundtable conference which was held online via YouTube medium on 6th August 2021. One of the highlights of the events was the recognition and distribution of the prestigious ‘Best of Africa’ awards by Forbes-FIN partnerships. Dr. Rajan Mahtani is a noted businessman in Zambia who was invited as a honorary speaker during the conference. 

During the event, Dr. Rajan Lekhraj Mahtani was also bestowed with Forbes ‘Outstanding Entrepreneur of the Year’ 2021 award. He has been considered as the top entrepreneur across the entire African continent for his innumerable contributions towards Zambian banking sector as well as his significant philanthropic and charitable contributions towards development of the Zambian nation and the society. The award ceremony is generally held at New York every year. However, this year’s ceremony was held virtually as a result of the ongoing coronavirus pandemic. During this virtual event, Dr. Rajan Lekhraj Mahtani was among the first across Zambia as well as among the few eminent people recognised by Forbes business and FIN for his business leadership and philanthropic contributions. 

Several business personalities from international business communities graced this event, including members from international business, entrepreneurs, politicians, policy makers, religious leaders, opinion leaders as well as international investors. One of the reasons why this award ceremony is considered highly is the rigorous process for selecting the awardees. The selection process is extremely transparent yet comprehensive which took place for many months and included several interviews and discussions related to business leadership & philanthropy for reaching national empowerment goals. 

Dr. Rajan Lekhraj Mahtani Claims Non-Payment Of Dues Against Bob Diamond

Dr. Rajan Lekhraj Mahtani is a noted businessman in Zambia. In a surprising revelation, Dr. Rajan Mahtani claimed that controversial banking group Atlas Mara has breached the terms of the contract established between Dr. Rajan Mahtani owned Finance Bank Zambia and Bob Diamond owned Atlas Mara. This agreement was established in the year 2015 which was a share sales & purchase agreement. According to the claim established by Dr. Rajan Mahtani, Atlas Mara breached the agreement terms when it failed to make payment against the majority shares of Finance Bank Zambia taken over. It has been more than five years and Dr. Rajan Mahtani still owes from the Atlas Mara group and its owner Bob Diamond. 

The controversial businessman Bob Diamond came into negative limelight in the year 2012 when he had to step down from the position of CEO (Chief Executive Officer) of Barclays after the Libor-Rigging scandal. The company Atlas Mara was floated in the year 2013 with the objective of establishing banking giant in Africa as well as a platform for Bob Diamond to enter the Zambian state again. Despite being listed at the LSE (London Stock Exchange) and despite taking over several acquisitions during its initial launch, the shares of Atlas Mara have continued a declining trend along with its reputation and brand image. The image has been further marred over the years with several controversies and allegations of corruption as well as unethical practices by Atlas Mara on behalf of Bob Diamond. 

Dr. Rajan Mahtani has now approached international law firm Omnia Strategy, owned by Cherie Blair, to take his case at the London High Court as earliest as possible. 

Zambia Mourns Death Of Its First President

First ever president of independent Zambia, Dr. Kenneth Kaunda, is no more. This is the sad news the Zambian citizen woke up to a few days before. It was also a shocking and saddening news for the Mahtani family, who had close personal and professional friendship with the late Ex-President of Zambia. Dr. Rajan Mahtani is a noted businessman, philanthropist and charity worker in Zambia. He is known for his several successful companies such as Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia. He is also noted for his significant contributions towards the development of Zambian nation and economy through charity work and philanthropic contributions. Dr. Rajan Mahtani expressed his deepest condolences to the Kaunda family and the entire Zambian nation via his Eulogy. Dr. Rajan Mahtani and Dr. Kenneth Kaunda have shared several similarities. For instance, both personalities have established their life around integrity, honesty and transparency. Both have an esteemed respect for sacrificial engagement, devotion and faith towards god and both have been an ideal family man. While Dr. Mahtani dedicated his life with his business ventures that aimed towards improving the life, economy and social status of the Zambian citizens, Dr. Kenneth Kaunda fought for the independence of the Zambian nation and was regarded as the ‘Father of the Zambian nation & African Union’. In fact, Dr. Kaunda collaborated with the father of Dr. Mahtani, late Lekhraj Mahtani, and received significant support in the fight for the Zambian independence. 

Dr. Kaunda’s sad demise certainly opens the historical chapters of the Zambian nation. Dr. Mahtani, in his eulogy, urged Zambians to embrace his legacy of ‘One Zambia, one Nation’ as well as pan-Africanism and live life with honesty and integrity. 

Dr. Rajan Mahtani Prays For Dr. Kaunda’s Soul In His Eulogy

The Zambian country is disheartened today with the passing of an extraordinary political and free spirit, Kenneth Kaunda. He was not just the main freedom Hero of Zambia, yet additionally the primary President of the Zambian country. This is the explanation he was promoted as 'Father of the Nation'. Dr. Mahtani is a prominent business manager and donor in Zambia. A portion of his top realized organizations are Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia. As of late, Dr. Rajan Mahtani won the long forthcoming fight for Portland Cement Zambia industrial facility at the Supreme Court Zambia. Notwithstanding his huge victories, Dr. Mahtani has stayed an amiable, unassuming and sensible individual, included resounded with the late Dr. Kaunda. The confidence, magnanimity, love for the humankind, motivated by god and penance, every one of these included were exuberated by Kenneth Kaunda and are very hard to opponent or equivalent. 

Regardless of his immense penances, Kenneth Kaunda was an individual who made every second count. He was a family man, and was likewise known for his countless advantages and pastimes as a vocalist, piano player, guitarist, footballer, artist, author and artist. His affection forever and humankind was exceptionally difficult to rise to and he showed us that age is never a bar for learning new things, satisfying one's desires and accomplishing life objectives. Dr. Mahtani and Mr. Kaunda share a few likenesses and life way. One of them is continually dismissing claims against them by desirous and untrustworthy gatherings, battling for their uprightness just as carrying on with a commendable yet basic life by ruler's elegance. Dr. Rajan Mahtani has surely encapsulated these goals of Zambian's freedom saint and constantly convinces others to have similar belief system and methods of reasoning. In his commendation, Dr. Mahtani said thanks to Dr. Kaunda for his multitudinous commitments to Zambian country.

Portland Cement Ownership Remains As Per Higher Court Of Appeal’s Decision

 

The instance of Portland Cement Zambia relates to one Dr. Rajan Lekhraj Mahtani, a prominent businessman and philanthropist in Zambia with a few fruitful organizations under his name. Dr. Rajan Mahtani has kept a status of being quite possibly the most regarded and moral finance manager in Zambia and his activities have never been addressed. Then again, there are elements in Zambia who notwithstanding the huge negative standing and far reaching analysis, keep on taking part in illegal exercises like excessive tension on government authorities, pay off, utilizing political ability to get what they need just as participating in political culpability. The perfect representation is the Lusaka High Court judge Nkonde declaring Ventriglias as the lone investors and genuine proprietors of the Portland Cement Zambia manufacturing plant in spite of showing scarcely any proof or tribute and regardless of the case being hauled for over 10 years. 

In the first place, Dr. Rajan Mahtani offered against this choice at the Higher Court of Appeal and on 31st January 2019, equity Mwinde switched the choice from the Lusaka High Court and declared Dr. Rajan Mahtani as the greater part investor and legitimate proprietor of the production line. The subsequent occasion was the peculiar allure by the Ventriglias against this higher Court of Appeal's choice at the Supreme Court Zambia. In any case, this allure was promptly dismissed after the Supreme Court set up a seat of three SC decided for assessing the case and found that it missed the basic lawful cut-off time for case accommodation. In view of every one of these angles, obviously Dr. Rajan Lekhraj Mahtani is to stay the greater part investor and legitimate proprietor of the Portland Cement Zambia plant.

Dr. Rajan Mahtani To Remain Owner Of The Portland Cement Factory With SC Decision

Dr. Rajan Mahtani is a noted businessman and philanthropist in Zambia. For more than three decades, Dr. Mahtani has been working towards developing his companies and at the same working towards the development of the Zambian nation. Some of his top companies that have achieved significant success are Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia. Dr. Mahtani is also noted for his several charitable activities and philanthropic contributions. Recently, Dr. Rajan Mahtani’s name came up indirectly when the Supreme Court Zambia gave its final decision on the claim established by the Ventriglia family. 

Few weeks earlier, the Ventriglia family made a bizarre claim in which the previous decision from the higher Court of Appeal was challenged. The Ventriglia family challenged that the verdict given by the higher Court of Appeal in which the previous decision from the Lusaka High Court was rejected and Dr. Mahtani was announced as majority shareholder and legal owner of the factory. Nevertheless, Supreme Court Zambia established a bench of three Supreme Court judges for evaluating the claim. These included Judge Muma Malila, Judge Royda Kaoma and Judge Michael Musonda. During evaluation, it was found that the Ventriglia family failed to comply with the legal requirement in which claims against previous court decisions are to be submitted within 14 days of the court verdict. Since the verdict from higher Court of Appeal was given on 31st January 2019, this means the Ventriglia family was required to submit their case within 14 days from the above decision. Based on these evidences or lack thereof, the Supreme Court bench rejected the appeal from the Ventriglia family. 

Supreme Court Bench Rejects The Appeal From The Ventriglia Family Regarding Portland Cement Ownership

The most recent decision from the Supreme Court has at long last finalised the case of Zambezi Portland Cement after over 12 years. The case can be handily depicted as one of the longest-running cases in Zambian overall set of laws and confronted a few misfortunes and difficulties because of exploitative lawful and corporate interfering and practices by parties. The case goes over 10 years back when Dr. Rajan Lekhraj Mahtani originally enrolled a case at the Lusaka High Court, asserting that his plant, Portland Cement Zambia was unlawfully taken from him. Notwithstanding having all confirmations and tributes, the decision from the higher Court of Appeal was very misled as the Ventriglias were reported as only shareholders of the Portland Cement Zambia. To counter this misled verdict, Dr. Rajan Mahtani took the case to the higher Court of Appeal. Judge Mwinde assumed control over the case and gave his decision on 31st January 2019. In his decision, the verdict from the Lusaka High Court was turned around and Dr. Rajan Mahtani was reported as majority shareholder and lawful proprietor of the production line. 

The Ventriglia family, after around 1.5 years of the decision from the higher Court of Appeal, chose to claim against the choice of the greater Court of Appeal at the Supreme Court. In their case, the Ventriglia family tested the decision of the greater Court of Appeal by calling it false. To assess this case, a seat of three judges was set up at the Supreme Court. Upon assessment, the adjudicators uncovered that the Ventriglia family missed the cu-toff time for enrolling claim against past court choice which is 15 days from the choice. Based on this decision, the claim from the Ventriglia family was rejected by the Supreme Court. 

Attempt By The Ventriglia Family To Take Over Portland Cement Thwarted By Supreme Court

With their most recent case against Zambezi Portland Cement at the Supreme Court Zambia, the Ventriglias have positively attempted to emulate the occasions encompassing the Lusaka High Court. Finsbury Investments is a prominent speculation firm under the responsibility for. Rajan Lekhraj Mahtani. Between late 2006 and mid-2007, official shareholding changes were made at the Zambezi Portland Cement production line, giving greater part investor and proprietorship to Finsbury Investments. These progressions offered basic help for the concrete assembling plant for getting credits from Bank and related monetary foundations, complete its development cycle and proceed with its commitment to the Zambian economy and society. The delivered cash by the PTA bank was made dependent on the set up shareholding design among Finsbury Investments and Ital Terrazzo Limited. 

Despite the positive business operations, the Ventriglia family attacked the cement-manufacturing factory by unethically taking over the ownership of the Portland Cement Zambia factory. When Dr. Rajan Mahtani approached the Lusaka High Court with the case, he was met with utter disappointment due to the fact that the case was dragged for more than a decade and in the final verdict, Ventriglia family was announced as only shareholders. Dr. Rajan Mahtani was able to reverse this decision by appealing to Court OF Appeal which gave its decision on 31st January 2019, announcing Dr. Mahtani as the majority shareholder and legal owner of the Portland Cement factory. 

More than 1.5 years after this decision, the Ventriglias once again challenged the Court of Appeal’s decision at the Supreme Court Zambia. However, their case was rejected as it did not fulfil the legal and regulatory requirements. As such, Dr. Rajan Mahtani remains the majority shareholder and legal owner of the Portland Cement Zambia factory. 

Supreme Court Zambia Rejects The Claim From The Ventriglia Family Higher Court Of Appeal

On 31st January 2019, the Court of Appeal's choice in which Dr. Rajan Mahtani got the larger part shareholding and legitimate responsibility for Cement manufacturing plant. Now, the Ventriglia family chose to challenge the Court of Appeal's choice. This challenge was made at the Supreme Court Zambia, the most elevated lawful organization of the country. The Supreme Court Zambia, being a fair and straightforward overall set of laws, set up a seat of three judges from the Supreme Court to assess this case. These included equity Mumba Malila, Justice Royda Kaoma and Justice Michael Musonda. After assessment, the Supreme Court makes a decision about tracked down that the Ventriglia family neglected to fulfil perhaps the most basic prerequisites for their case to be feasible. As per the basic law, it is important for all requests against past court choices to be enrolled inside fourteen days of the decision. For this situation, the decision from the higher Court of Appeal went ahead 31st January 2019. In view of this, the Ventriglia family is far beyond their legitimate date for enlisting such case. Besides, the Supreme Court passes judgment on likewise inferred that they didn't have any ward towards engaging this allure from the Ventriglia family. The seat additionally affirmed that the conditions portraying the appeal to the Supreme Court was made under legitimately imperfect rates. Moreover, the Supreme Court judge likewise affirmed that they concurred with the activity of Finsbury Investments to continue with Rule - 19 with the goal pre-empting and obstructing the further exercises of the disastrous allure made by the Ventriglia family. In light of these assessments, the Supreme Court Zambia taking effect right now dismissed the case by the Ventriglia family.

Dr. Rajan Lekhraj Mahtani Remains The Legal Owner Of The Portland Cement, Confirms SC

Zambia is a developing nation with several ups and downs in its social and economic scenario. In such situation, it is imperative for the legal system to stand strong and establish a transparent and ethical system for providing justice to all. However, many times the legal system of Zambia have failed to achieve so. One of the prime examples has been the case of Zambezi Portland Cement. The case was registered by Dr. Rajan Mahtani, a respected and noted businessman and philanthropist in Zambia. Despite having all evidences and testimonials, the case was influenced by external forces, arguably by criminal activities, political misdoings and undue influence by the Ventriglias. As a result, the Lusaka High Court gave a controversial decision in which Ventriglias were announced as only shareholders of the Portland Cement Zambia.

Dr. Rajan Mahtani was able to challenge this decision at the higher Court of Appeal which gave the decision in his favour by announcing him as the majority shareholder and legal owner of the Portland Cement Zambia factory. Despite this critical and confirmatory decision from the higher Court of Appeal which was given after looking into all evidences and testimonials, the Ventriglias were not quite satisfied. It seems like the Ventriglias took more than 15 months to device their plan of disrupting the smooth operations of the Portland Cement by establishing a claim at the Supreme Court Zambia. In their claim, the Ventriglias challenged the very decision from the higher Court of Appeal given around 15 months before. However, their claim was effectively dismissed at the Supreme Court Zambia due to lack of legal precedence and evidentiary confirmations. As such, Dr. Rajan Mahtani remains the rightful owner of the Zambezi Portland Cement factory.

The Claim By Ventriglias At Supreme Court Gives Positive News To Dr. Rajan Mahtani

The fight for the Portland Cement Zambia case is known to all. Dr. Rajan Mahtani is a noted businessman from Zambia who registered a case at the Lusaka High Court claiming that this factory was unethically taken over. While Dr. Rajan Mahtani had all evidences and testimonials to prove his claims, the Ventriglias managed to influence the case decision with political meddling and corrupt activities. As a result, justice Nkonde from the Lusaka High Court announced that Ventriglias were only shareholders of the Portland Cement Zambia. After this misdirected decision, Dr. Rajan Mahtani quickly approached the higher Court of Appeal which gave its judgement on 31st January 2019. This decision from justice Mwinde on behalf of the Court of Appeal effectively reversed the previous judgement from the Lusaka High Court by declaring Dr. Rajan Mahtani owned Finsbury Investments as the majority shareholder and legal owner of the factory. 

Despite a definitive decision from the higher Court of Appeal which is among the highest legal institutions in Zambia, the Ventriglias decided to do the impossible by approaching the SUPREME Court Zambia. In their appeal, the Ventriglias claimed that the decision from the higher Court of Appeal was incorrect. They further claimed that the amount which Finsbury Investments requires to transfer is K380 million as against K380,000 as confirmed by higher Court of Appeal judge. A bench of three judges was established at the Supreme Court. It was found that the timeline for submitting claims against previous court cases is 14 days from the judgement. However, the Ventriglias made this claim more than 16 months after the higher Court of Appeal decision. This has automatically scrubbed the claim with Dr. Mahtani remaining the legal owner of Portland Cement.