Zambia Reports has once again proved its worth by publishing a scripted article against Dr. Rajan Mahtani and Finance Bank of Zambia. Time and again it has been seen that ZR is so busy with its task of defaming the former Chairman of FBZ that it forgets to cover the actual story and ends up creating its own version. This time they have taken the reference of Lamasat’s loan and have tried to drag Dr. Mahtani and Finance Bank into the matter.
The truth is known to all. BancABC has taken over FBZ in 2016 itself and since then has been taking care of its business. The call of loan repayment has been made by the management of BancABC under its vested power. However, the same is now being considered as a cunning step taken by Dr. Rajan Mahtani to acquire Lamasat as a consequence of loan non-repayment. The loan amounting to $ 10,000,000 was forwarded by Finance Bank of Zambia before BancABC had taken over and after the merger was affected, it was the management of BancABC which had decided to call for repayment of the loan amount.
Zambia Reports has been trying its level best to convince everyone that the mastermind behind this recall is Dr. Rajan Mahtani, but their efforts have not yielded any positive results for them. People who are honest and true to themselves never fear to present themselves in front of the locals for questions. Every time an untrue claim has been made against Dr. Mahtani, he has always made himself available in front of the law and answered with utmost honesty, but it is the conspirators who are constantly trying to avoid public appearances. The fear has gripped them such that they are also skipping court sessions where the fate of Portland Cement Zambia is to be decided.