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.
No comments:
Post a Comment