After Portland Cement Zambia, it’s now time for FBZ

There have been numerous stories around Portland Cement Zambia in the past and now the conspirators have turned their attention to Finance Bank Zambia. The conspirators are playing their cards with precision. They are taking up one entity at a time and then moving on to the other. The latest article in the defamation campaign of Dr. Rajan Mahtani talks about his involvement in the management of Finance Bank Zambia even though the same has been sold to BancABC in 2016. To say the least, this looks like another attack on the Executive Chairman of Mahtani Group of Companies.

Portland Cement Zambia

Lamasat had earlier availed a loan of $ 10, 000, 000 from Finance Bank Zambia and had promised to repay the same in 60 instalments. However, as the time of repayment arrived, the borrower was very less likely to honor the commitments and hence, the BancABC was forced to make a call for repayment. The whole incident reflects a normal banking case, but with the courtesy of Zambia Reports it looks like a case of forced extortion. No doubt the infamous news portal has done its job for its masters.

First of all it was Portland Cement Zambia and then it is Finance Bank which is being used as a medium to defame Dr. Rajan Mahtani. Time and over again, it has been seen that the conspirators are trying to defame eminent personalities in Zambia and the Government is doing nothing to preserve the rights of its own citizens. This is why we see that the citizens of Zambia have become subject to oppression and few people with ill motives are constantly trying to loot the resources of the nation. If the case of Lamasat doesn’t serves as a wake-up call people, then we are afraid that there would be more attacks in the future.