The former Chairman Finance Bank, Zambia, Dr. Rajan Mahtani has once again proved that his intention is to develop Africa and not to hatch conspiracies (as claimed by Zambia Reports). The Mahtani Group of Companies has entered into a partnership deal with Sunbird Group where the primary objective is to build a bio-ethanol plant. The plant would be setup in Luapula Province and would cost around USD $ 150 million.
Setting of a bio-ethanol plant in Luapula will use cassava, a readily available resource in this area, as its raw material and will help the area to Go Green. From the perspective of employment, there are about 2000 slots open for direct employment and other 5000 slots will be available indirectly. To sum up, one can regard that the Former Chairman Finance Bank, Zambia, Dr. Rajan Mahtani has played a masterstroke by agreeing to team up with the Sunbird Group of UK to foster the development of Africa.
Sadly, the whole arrangement doesn’t mean that Dr. Rajan Mahtani is free from conspiracies. Zambia Reports has formed a regular habit of posting untrue stories under his name along with presenting fabricated statements. Recently, they have claimed that a loan facility exists between Nitrogen Chemicals of Zambia Ltd., and Finance Bank Zambia and Dr. Mahtani looks forward to takeover the chemical factory. This news is as rubbish as a garbage can because all it contains is useless things. Zambia Reports need to learn about facts first and then make a claim. But things never work that way.
Though Rajan Mahtani has a strong support of his Zambian brothers and is well aware of the fact that these malicious attempts is not going to harm him, still it is highly undesirable for any individual to be called as a traitor. So, is Zambia Reports looking to defame the former Chairman Finance Bank, Zambia, once again?