The truth behind the arrest of Dr. Rajan Mahtani

The truth behind the arrest of Dr. Rajan Mahtani

Dr. Rajan Mahtani has been arrested by the police on account of a case which was previously declared as ‘permanently closed’ by the Office of Attorney General in 2012.

The Ventriglia family took the initiative of funding Kaizer Zulu, assistant of Presidential Political Affairs and ensured that Dr. Rajan Mahtani was put behind the bars.

Why did the Ventriglia Family do this?

Dr. Rajan Mahtani had previously filed a petition in the Lusaka High Court in respect of winding up the ZPC as it was ‘just and equitable’. For long, the ownership of the Zambezi Portland Cement factory has remained as a controversial topic. PACRA shows that the true of ZPC is Finsbury Investments, whereas the Ventriglia family (minority shareholders) claim that they are the actual owners of the factory.

Since, the Ventriglias had realized that their sham was soon going to be exposed, they decided to use the power of money.

Before being arrested, Dr. Rajan Mahtani gracefully stepped down as the Chairman of Finance Bank Zambia and William Boli Nyirenda is currently holding the same position.

Previously in 2012, The Ventriglia family had played a similar dirty game where they have financed Rupaih Banda to get Dr. Mahtani arrested.