The name Rajan Mahtani has lately been in the news for all the wrong reasons. Take a look at Zambia Reports publications on Rajan Mahtani and one can certainly believe that the person is all about corruption and mismanagement. However, the power of media may sometime be available ‘for sale’ and this is where innocent people become helpless and a bunch of conspirators can rule the way they want.
Going by the present conditions, it is evident that the relation between the two shareholders of Zambezi Portland Cement cannot go worse. This is because the owner of the factory, Finsbury Investment has been thrown out by the minority shareholder of the factory, Ital Terrazzo Limited (ITL). The owners of ITL, the Ventriglias, have an indefinite thirst for money and this is why they believe that maximum revenue of the cement plant should be flowing into their account. When necessary revolt came from the other side, they simply hired Zambia Reports to help them divert the attention from Zambezi Portland Cement to Rajan Mahtani.
The result of this impact is now clearly visible. Every now and then Zambia Reports is publishing articles that attacks Rajan Mahtani directly and indirectly. Sometimes they think that Dr. Mahtani has operated the Finance bank illegally and sometimes they consider Finsbury Investment to be named under the Panama papers. For a reality check, all these claims are nothing except for scripted stories that is written by the authors of Zambia Reports.
The latest development in the defamation case of Rajan Mahtani is an episode where Zambia Reports proudly celebrates the win of Simataa Simataa at the Lusaka High Court over Rajan Mahtani and Finance Bank. They strongly believe that Simataa is a financial expert and was being trapped by Dr. Mahtani with a view to extort money. Yet another story, yet another conspiracy!