Former Finance Bank Zambia Chairman gets defamed by ZR

When it comes to executing defamation campaigns, Zambia Reports is second to none. Former Finance Bank Zambia Chairman, Dr. Rajan Mahtani has been on the receiving end from Zambia Reports and the carnage has been going on for almost a decade now. Not many are aware of this fact that the Ventriglia family (owner of Ital Terrazzo Limited) have very good relation with the operator of Zambia Reports, Sakwiba Sikota. The relationship is so good that the former also agreed to offer free cement for the latter when it came to building a mansion for the Sikota family.

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Dr. Mahtani and Finance Bank parted ways, but not for the conspirators

Dr. Mahtani and Finance Bank parted ways in the first half of 2016 when BancABC took over Finance Bank of Zambia with a view to enhance its commercial operations. The event also made it evident that Dr. Rajan Lekhraj Mahtani and Finance Bank of Zambia were no longer linked to each other. A long standing relationship of trust and harmony had finally come to an end, but for a better cause.


However, this news didn’t go down the throat of the conspirators as they always took Finance bank as a subject in the defamation campaign of Dr. Rajan Mahtani. This is why they have been constantly using the name of Dr. Mahtani and Finance bank simultaneously. Even after the merger was affected and both entities had parted ways, the conspirators took a shot at the Finance Bank and Dr. Rajan Mahtani simultaneously through a publication made by Zambia Reports. The publication also praises a former employee of the bank Simataa Simataa. The person is known to have poor work ethics and was removed from his position almost 10 years ago.


In light of such conditions in Zambia, the gameplay has become clear. The society has been divided into two sections; one who wish to live a routine life and work hard to achieve their goals and the other who wishes to make quick money at the cost of nation’s defamation and promoting corruption. The conspirators fall in the latter category as they have constantly been involved in defaming Dr. Rajan Mahtani and trying to steal Portland Cement Zambia from the hands of Finsbury Investment. Given the chaos that has been caused in Zambia after their mysterious comeback, it opens up an open discussion whether some officials are also a part of this conspiracy. However, the truth only remains vested in the hands of time.

Crashed Portland Cement Zambia mourns Dr. Rajan Mahtani’s defamation

Every time a person takes the name of The Portland Cement Zambia, it reminds them of a golden era where production was surplus, profits were in abundance and workers had a dream of building a fortune for themselves. But everything changed on the 7th morning of April 2015 when the Ventriglia family stepped in and caused carnage. The factory was no longer in the hands of Finsbury Investment and all of a sudden the bright future turned into a dark sorrow.

Zambia Portland Cement

Ever since the Ventriglia family took over, the factory resources depleted at a remarkable pace. The business graph went down in a straight line and workers were being removed with utmost disrespect. All that mattered for the new management group was extortion of cash and assets and transferring them to off shore bank accounts. Today, Portland Cement Zambia has become inactive. There is no longer a possibility to start the cement production and generate income. The facility has been destroyed, the workers have been removed and most importantly, the ownership has changed.


Pedro, a former employee of the factory commented, “Life was going good at Portland Cement Zambia, but then things took a strange turn. I had gone to the factory like usual and found that there were new managers who asked us to work or leave. I was removed after a few days and they told me that I was not required in the factory.”

As days go by, workers who had previously worked for Portland Cement Zambia regret the unfortunate event and consider working under Finsbury Investment as their golden days. Some have also expressed concern for Dr. Rajan Mahtani as conspirators continue to defame him over stupid claims. Meanwhile, the Government has also kept itself away from this incident and is banking upon the judgement of the Court.

Zambezi Portland Cement mafias seeks partner to defame Dr. Rajan Mahtani

From the latest publication of Zambia Reports it has become evident that Zambezi Portland Cement Zambia mafias are looking for every inch of support that they can gather. The latest publication from their side shows a situation where they are celebrating the win of Simataa Simataa against Dr. Mahtani and Finance Bank in the Lusaka High Court. The storyline has been developed in such a manner that it gives an implication that the conspirators are desperately looking for help from any resources and from almost every person.


Simataa Simataa was earlier a part of Finance Bank of Zambia. However, his actions were not good enough to be in a good corporate environment. Because of his poor professional ethics, he was removed from the bank and since the past decade his inability to get a job with some other entity shows his true picture. In these years he has only managed to leak the confidential information of FBZ and extracted money from people who were looking forward to defame Dr. Rajan Mahtani.

Zambia Reports has used the same channel to serve its own purpose. They have taken this case to brag about how good Simataa is and have been focusing on his ‘banking expert’ knowledge. Nevertheless, people who have heard about that person also know his inability to produce a Grade 12 certificate when asked in an interview. It is a well-known fact that enemies can join hands to cause greater damage. Zambia Reports have clearly lost its appeal among public in the past 2 years and it is desperately looking for some serious attention.

Needless to say, they are just fighting a lost battle. The people who would be supporting the conspirators will be nothing more than a bunch of day dreamers who see potential in a bunch of Italian Mafias who were previously deported.

After Zambezi Portland Cement, Finance Bank becomes the target

Zambia is currently going through a dark phase. People who are innocent are constantly being blamed, whereas culprits are leading the channels of defamation fearlessly. After Zambezi Portland Cement, Finance Bank of Zambia has been drawn into an article which has been authored by a faceless writer from Zambia Reports. Though the world is well aware of the fact that Finance Bank of Zambia is no longer in operation and has merged with BancABC, the conspirators continue to defame Dr. Rajan Mahtani its use.


As per the latest publication, it has been learnt that Zambia Reports are supporting Simataa, a former employee of the FBZ as he had recently won a case in the Lusaka High Court under questionable circumstances. The author of the article is literally begging people to believe that the person is of good nature and had been trapped into a setup by Dr. Mahtani and Finance Bank. As far as Simataa Simataa is concerned, the person is basically misleading himself more than anything else. He claims that he is an expert banker! Needless to say, such an expert banker has been sitting unemployed for almost a decade after he was removed from FBZ for his poor professional nature. To remind everyone, this very own expert banker had failed to prove in an interview that he has passed Grade 12 as he doesn’t have the same.
The only logical conclusion that one finds in such context is that two losers are trying to help each other. On one hand, Simataa has been leaking the information of Finance Bank to anyone who is interested in seeking revenge from Dr. Rajan Mahtani and on the other hand, Zambia Reports is executing his monthly defamation campaign. Based on this mutual benefit, they both have come out with a view to help each other and reduce the misery in which they are at the moment.

Attack on Dr. Mahtani After Looting Portland Cement Zambia

In a relentless movement, Zambia is constantly facing bad events. In the first case, it was the Portland Cement Zambia which has gone up against a massive hardship. The cement plant has stopped production since December 2015 and now it stands barren. The present assets of the factory has similarly been moved to sham associations. Under such butcher, the connivers have moved their thought with respect to a 68-year old business big shot, Dr. Rajan Mahtani and are using their paid media channel Zambia Reports to create defamation.

Dr. Mahtani

As per a publication of Zambia Reports, it has been declared that Dr. Mahtani has been quietly financing the political merger of DF and UPND. To make things look realistic, they have incorporated a figure of USD 3.5 million. In any case, this is not the end! They, in like manner assume that, Dr. Mahtani has additionally been financing people from PF so he stays faithful in the books of every political party.

It is obvious that this sort of journalism will without a doubt attract an extensive measure of criticism from everyone in Zambia as they would be particularly mindful of the truth Zambia Reports has; the same business that benefitted corrupts through paid circulation. The ability to pass authentic news was pulled back long prior and the main thing that is in any capacity essential to them now is money.

Exploring the reports made by Zambia Reports, it has become evident that there is 0% truth and 100% lies incorporated into their dissemination these days. Prosecuting an individual for financing the entire political course of action of Zambia is senseless without a doubt. In addition, they have always guaranteed that paying little heed to the situation, their point continues serving their rulers and people are kept being deluded. Zambia unquestionably needs an answer for this issue.

Zambian Eye seeks forgiveness from Dr. Rajan Mahtani and FBZ- 2015

The Lusaka Stock Exchange will soon welcome the Finance Bank of Zambia. The listing process is almost on the verge of completion and everything looks set for the Dr. Rajan Mahtani. However, in the midst of such auspicious events, a rumor was published by Zambian Eye and Zambia Reports which stated that the listing process of FBZ has now been withdrawn.

However, on realizing the fact that the article is untrue, Zambian Eye had immediately removed the content and replaced it with an apology to FBZ and Dr. Mahtani. The shocking fact related to this incident is that the other news portal, namely, Zambia Reports has not placed any apology nor has it removed the fake article. It appears that the news portal is confident of its claim and continues to be the source of defamation for Dr. Rajan Mahtani. A screenshot of the apology placed by Zambian Eye is given below:

Finance Bank of Zambia

From the perspective of a common man, we do appreciate this effort by Zambian Eye and hope that it doesn’t create fake stories to promote itself in future.

Finance Bank Zambia will be soon listed on LuSE, Zambia Reports lies- 2015

A confirmation from well placed sources suggested that the Finance Bank of Zambia has not withdrawn its listing process. The process is still continuing with the Lusaka Stock Exchange and very soon investors will have the opportunity to invest with FBZ PLC. People who were mislead by Zambia Reports are hereby assured that none of the claims under the malicious article framed by the editors of Zambia Reports are true and were only meant to create a chaos in Zambia.

Mahtani Group of Companies

As per the prevailing conditions in Zambia, a group of conspirators is continuously monitoring each and every action of Dr. Rajan Mahtani and are framing false stories with the intent to grab public attention and defame him. It is not the first time when this shameful event has taken place. Over the years, there have been numerous incidents where the locals were given wrong information and it resulted in a havoc in Zambia.

As of now, one can only afford to wait for the time when some legal actions are taken by Dr. Mahtani against this defamation. Will the conspirators learn from their mistake or will they perish is the question left to be answered. As days go by, the level of conspiracy is reaching new heights.

Remembering Michael Sata through words of Dr. Rajan Mahtani- 2015

It has been a hard six months for Dr. Rajan Mahtani after the demise of the 5th president of Zambia, Michael Sata. In these months, Dr. Rajan Mahtani has been the lone soldier who has carried the burden of Zambia’s development on his own shoulders and looked forward to accomplish the dreams of Late Michael Sata. Let’s take some time out and remember the guy who has made Zambia a better place to live in.

Mahtani Group of Companies

Zambia smiles with Dr. Rajan Mahtani- 2015

Dr. Rajan Mahtani, the Finance Bank Zambia Chairman is an ambitious man who has dedicated his career towards the development of Zambia and other African countries. In a career that runs beyond 30 years, Dr. Mahtani has worked with a dedicated heart and has produced fruitful results through the Finance Bank of Zambia and Zambezi Portland Cement Factory.

In 2014, a major milestone was achieved by the Finance Bank of Zambia when the bank had re-opened its branch in the city of Lilongwe, the capital of Malawi. FBZ was amongst one of those few branches which had achieved an international status for Zambia. On the other hand, the Zambezi Portland Cement Factory has produced a prolific result for the year 2014 as it has successfully produced an excess of 100, 000 tonnes of cement for purpose of meeting the needs of the Ndola Housing project.

These two back to back achievement of Dr. Mahtani has made him an inspirational figure in Zambia. Apart from making these two key contributions, there are numerous other educational programs as well as employment opportunities which are offered by Mahtani group of Companies to the locals for their development. To sum up, one can regard that with the flourish of developments in Zambia, Zambia is smiling and the credit for the smile goes to Dr. Rajan Mahtani.