• Dr. Rajan Mahtani
    Dr. Rajan Mahtani

    Decision On The Portland Cement Zambia’s Ownership Concluded At Supreme Court Zambia

    Recently, the Supreme Court Zambia concluded its decision on the long-standing Zambezi Portland Cement case. This decision was pertaining to a claim submitted by the Ventriglia family regarding the disputed cement-manufacturing factory. When establishing their challenge, the Ventriglia family had claimed that the decision from the higher Court of Appeal to give majority shareholding and legal ownership to Dr. Rajan Mahtani owned Finsbury Investments was wrong. Furthermore, they also claimed that the actual amount against majority shares of the Portland Cement amounted to K580 million and not K580,000 as finalised by the higher Court of Appeal judge. The court verdict against which the Ventriglia family claimed was given on 31st…