corruption all around, have remained one of the most respected businessmen in Zambia with transparent business practices. His principles and values are observed across his companies such as Finsbury Investments, Mahtani Group of Companies. Recently, a decision on the Zambezi Portland Cement by the Ventriglias further proved how Dr. Rajan Mahtani is continuously trying to stay afloat in a sea of criminals, wrongdoers and unethical businessmen.
After the misdirected judgement from the Lusaka High Court where Ventriglias were unethically announced the only majority shareholder of the Portland Cement Zambia factory, Dr. Rajan Mahtani had appealed to the higher Court of Appeal. The final decision from the higher Court of Appeal indicated that Dr. Rajan Mahtani owned Finsbury Investments held 58 percent shares at the factory and were majority shareholders and legal owner of the factory. The Ventriglias, on the other hand, held only 42 percent shares via their company Ital Terrazzo Limited.
The Ventriglias family have now appealed against this judgement from the higher Court of Appeal, challenging them to be incorrect in both shareholding pattern as well as the amount payable. However, the Supreme Court established a bench comprising of three judges to evaluate the appeal and decide on whether the appeal from the Ventriglias should be accepted or not. These judges included Mumba Malila, Royda Kaoma and Michael Musonda. According to their final decision, the claim from the Ventriglias cannot be accepted as the law suggests that appeal must be made within fourteen days after the judgement from the court. In this case, the judgement from the higher Court of Appeal came on 31st January 2019 which is almost two years and therefore, the appeal has been dismissed on legal grounds. At the same time, the Supreme Court judges also said that they did not have any jurisdiction towards entertaining this appeal as the circumstances were legally flawed.