Dr. Mahtani

Dr. Rajan Mahtani Supports Decision From Zambian President

In a recent piece at the ‘Mast Newspaper’ Dr. Rajan Mahtani stated that the law of death penalty is cruel and degrading and the recent announcement by the Zambian President was a step in the right direction. President of Zambia Hakainde Hichilema, on the eve of Africa Day, made an announcement of his quest towards abolishing the inhuman, dregrading and cruel punishment of death penalty. This announcement has received mixed reactions with several local, national and international programs supporting this move. Dr. Rajan Mahtani has also supported this announcement by the Zambian President.

Dr. Rajan Lekhraj Mahtani is a noted businessperson and philanthropist from Zambia. He is the owner of several top companies and is also known for several philanthropic contributions across Zambia and Africa. One of these philanthropic contributions have been the Prison Fellowship Zambia, which was established by Dr. Rajan Mahtani more than three decades back. It is a popular and respect Christian Outreach Program that focusses on bringing the learnings and teachings of Jesus Christ to prisoners at Zambian prisons. Also, the program focusses on providing criminal justice, fundamental dignity and fundamental rights to these prisoners.

Dr. Rajan Lekhraj Mahtani, while supporting this recent announcement by the President of Zambia, stated that the practice of death penalty does not resolve the problems of crimes and unethical practices across the nation. Dr. Mahtani has iterated that across the world, there is a growing consensus towards abolishment of death penalty as a legal punishment. This voice is also growing across Zambia, and he commended the Zambian President towards taking the right step. Dr. Rajan Lekhraj Mahtani also stated that living with death penalty is itself a significant punishment as the convicts wake up every day with the fear of it being their last day. As such, Dr. Rajan Mahtani has extended his full support to this decision from the Zambian President. Dr. Rajan Mahtani further stated that he will provide full legal and regulatory support via his company Prison Fellowship to make the announcement a reality.

Dr. Mahtani Award With Forbes Philanthropy Award

Dr. Rajan Lekhraj Mahtani, a noted businessperson and philanthropist from Zambia, was recently conferred with one of the top philanthropy and leadership awards in Zambia. Dr. Rajan Mahtani received the Forbes ‘Outstanding Entrepreneur of the Year’ award 2021. This award was presented to him during the Forbes ‘Best of Africa’ annual awards. The award ceremony, on the other hand, was part of the Forbes-FIN philanthropy and leadership roundtable conference. Dr. Rajan Mahtani was also invited in this conference as an honorary speaker and highlighted the significance of healthcare and political leadership in the sector for its empowerment and long-term growth. Forbes recognised Dr. Mahtani for the ‘Best of Africa’ award for redefining the banking sector of Zambia.

Dr. Rajan Mahtani is a proud Zambian citizen and considers this as his native country. In his acceptance speech for the award, Dr. Mahtani said that he is deeply humbled to achieve this award as he has gone through significant trails & tribunals in his business and personal life. Dr. Mahtani thanked Almighty God for providing him with the strength and perseverance to come ahead to these challenges. Dr. Mahtani also thanked his teams for their significant support and carrying out major responsibilities for ensuring continued business success and growth.

Forbes conducts a ‘Best of Africa’ award ceremony to recognize the leading lights in the field of business and philanthropy. The awards are presented after significant consideration and background research on the participants. Both FIN (Foreign Investment Limited) and Forbes conduct verification processes and background checks against the respective participants. After this, interviews and discussions take place to understand the perception and views of the awardees regarding philanthropy to achieve long-term empowerment across the African nation. Apart from Dr. Rajan Mahtani, several other business personalities receive awards during the Forbes ‘Best of Africa’ award ceremony. Some of these eminent members were Paul Adefarasin, Nana, Kwame Bediako, Leonark Nnamdi Stanley Ekeh, Ken Sharpe, Wendy Ackerman, Sam Matekane and Claver Gatete, among others.

Dr. Rajan Mahtani

Dr. Mahtani Receives Global Award For Philanthropic Contributions

The year 2021 was significant for Dr. Rajan Mahtani, a noted businessman and philanthropist from Zambia. While the year saw several challenges because of the ongoing Covid-19 pandemic, there were several positive aspects. For instance, the economy and society saw improvement. Even though the African nation was impacted in the wake of this covid-19 attack, it was not as severe as some of the more developed and western nations faced. At the same time, the impact gave time for businesses and industries to retrospect and focus on the things that are valuable for the coming future. This was the theme for the 2021 Forbes-FIN (Foreign Investment Network) that was held recently in Africa. While the roundtable conference usually takes place in New York, this year’s event was held virtually to comply with the Covid-19 restrictions. Members participated from their respective locations and the members included international business communities, spiritual leaders, opinion leaders, political leaders, religious leaders, policymakers, international investors as well as media partners. Mark Furlong anchored this event. Mark Furlong is the present founder and publisher of the FAM (Forbes Afrique Media) and Forbes International. Dr. Rajan Lekhraj Mahtani was invited to this event as an honorary speaker and discussed the significance of healthcare leadership in difficult situations such as this. His ideas were praiseworthy.

Another critical event attached with the Forbes-FIN philanthropy roundtable conference was the Forbes ‘Best of Africa’ awards ceremony. The awards recognize and celebrate leading lights in the field of philanthropy and empowerment. The awards go to those visionaries with significant long-term investment and vision towards philanthropy to achieve long-term empowerment of the African nation. Dr. Rajan Mahtani was recognized by Forbes for his significant contributions towards redefining the banking sector of Zambia. He was awarded the Forbes ‘Outstanding Entrepreneur of the Year’ award in 2021. This award was a recognition for Dr. Mahtani’s significant business, economic as well as philanthropic contributions over the years. Dr. Mahtani accepted the award in a humble manner.

Dr. Mahtani Selected By Forbes Connect For Philanthropy Award

Dr. Rajan Lekhraj Mahtani was recently awarded with the Forbes ‘Best of Africa’ award. This award ceremony was conducted during the annual Forbes-FIN philanthropic and leadership conference. The annual conference is generally held in New York. However, this year’s conference was held online with members participating in this event from their respective locations. Dr. Rajan Mahtani was invited in this event as a honorary speaker and spoke about the importance of leadership in healthcare. The Forbes-FIN philanthropy and leadership is one of its kind event which members participating from various segments. Members included international business communities, spiritual leaders, political leaders, policy makers, entrepreneurs, businesses, international investors as well as media partners. The event provided a platform wherein individuals brainstormed to find philanthropic and leadership solutions for achieving long-term empowerment across African nation.

Apart from the FIN leadership and philanthropic event, the hype was also around the Forbes ‘Best of Africa’ award ceremony. This award ceremony is known to identify and celebrate individuals with significant, long-term philanthropic contributions. The award ceremony and the awards itself hold special significance. They are produced and authored by Forbes, one of the top business magazines across the globe. As such, the awards provide significant brand value and exposure for the recipients. Furthermore, the recipients of the awards are selected after a stringent process of selection. The selection process comprises of several rounds of verification, background checks as well as interviews and discussions with the potential recipients regarding the views on philanthropy and leadership as a means to achieve long-term empowerment with the nation. Dr. Rajan Mahtani was identified by Forbes for his significant contributions towards the Zambian banking industry and redefining it. With this, Forbes presented Dr. Rajan Lekhraj Mahtani with Forbes ‘Outstanding Entrepreneur of the Year’ award.

Dr. Rajan Mahtani achieved this award for his philanthropic as well as business contributions. Some of these achievements include Prison Fellowship Zambia as well as Stephen Malama award and scholarship for top law graduates in Zambia.

Dr. Rajan Mahtani Hires International Law Firm To Claim Fraud Allegations

Atlas Mara is a banking & financial group that started to make rounds after its launch in the year 2013. It was floated by Bob Diamond, a popular businessman and former boss of the Barclays. The banking group is listed at the LSE (London Stock Exchange) and was floated in Africa with the objective of becoming a banking and financial giant. To fulfil this objective, Bob Diamond’s company Atlas Mara underwent several acquisitions, takeovers and mergers to expand the operations and gain higher market shares. One of these acquisitions was of Finance Bank Zambia. Dr. Rajan Lekhraj Mahtani is a noted business tycoon and serial entrepreneur in Zambia with several successful business ventures under his name. He is known for top Zambian companies such as Mahtani Group of Companies, Finsbury Investments as well as Finance Bank Zambia. The takeover of Finance Bank Zambia by Bob Diamond’s Atlas Mara took place in the year 2015 under an agreed upon share sales & purchase agreement. Based on this agreement, Dr. Rajan Mahtani owned Finance Bank Zambia was taken over by Bob Diamond’s Atlas Mara for an undisclosed amount.

However, Dr. Mahtani has now claimed that Bob Diamond’s company Atlas Mara has breached the terms of the agreement by failing to make the payment associated with the sale. As such, Dr. Rajan Mahtani has claimed multi-million pound damages against Atlas Mara over disputed purchase. Representatives from Bob Diamond’s Atlas Mara have said that claim by Dr. Rajan Mahtani is fundamentally weak and without merit. As such, Dr. Rajan Mahtani has now approached international law firm Omnia Strategy for taking up the case to the London High Court. Omnia Strategy is a renowned international firm known for its owner Cherie Blair. Apart from Dr. Rajan Mahtani, there are several other investors who have made similar claims against Bob Diamond’s Atlas Mara and these claims have reached to the tune of 100 million pounds.

Dr Rajan Mahtani

Multimillion-Pound Damage Claim By Dr. Mahtani Against Bob Diamond

Dr. Rajan Lekhraj Mahtani is one of the most famous and well-known businessman in Zambia. Recently, Dr. Mahtani named Bob Diamond and his former company Atlas Mara in a claim which included non-payment of dues. Atlas Mara is a banking group which was established by Bob Diamond, former CEO of Barclays. The dispute that came to light was associated with purchase of one Zambia-based bank.

Dr. Rajan Lekhraj Mahtani is a noted business tycoon from Zambia. Recently, Dr. Mahtani claimed that LSE (London Stock Exchange) listed firm Atlas Mara breached the contractual terms of share sales & purchase agreement established when the company tool legal control of the Finance Bank Zambia in the year 2015. To further the claim, Dr. Mahtani recently hired Omnia Strategy for bringing the case to London High Court. Omnia Strategy is a legal firm by the famous Cherie Blair. While the banking venture Atlas Mara has discredited the claim by considering it without merit, Dr. Rajan Mahtani is confident as he says he has the right documents and evidences to support his claim.

The case came to light when Atlas Mara has continued its retreatment from Africa by selling its business parts to the Access Bank. Atlas Mara was floated in the year 2013 by Bob Diamond with the objective of creating a banking giant across Africa. The plan further marked the return of Bob Diamond to Zambian city after his resignation as CEO of Barclays during the 2012 Libor-rigging scandal.

According to the claim established by Dr. Rajan Mahtani, Bob Diamond still owes Dr. Mahtani money from sale of the Finance Bank Zambia. Just like Dr. Mahtani, several other investors have made claims pursuing damages worth 100 million pounds. Dr. Mahtani’s claims comes as Bob Diamond attempts yet another comeback, this time with Space-listing worth a USD 4.5 billion of his cryptocurrency venture./p>

Dr. Rajan Lekhraj Mahtani is hopeful that the London High Court with take up this case with utmost sincerity and will provide quick judgement for his appeal.

Kenneth Kaunda

Dr. Mahtani In His Eulogy Urged Zambians To Follow The Path Of Righteousness

Entire Zambia is reeling with the loss of its first ever president, Kenneth Kaunda. Dr Rajan Mahtani is a noted businessman and philanthropist in Zambia with more than three decades of business experience. He is also known to Zambians as a notable philanthropist and charity worker. Dr. Mahtani and Dr. Kenneth Kaunda shared a deep bond with involves their similar philosophical views. Dr. Mahtani’s father, late Lekhraj Mahtani, was instrumental in helping Dr. Kaunda in his fight for Zambian independence. Late Lekhraj Mahtani was a councillor based out of Ndola area and provided significant support and collaboration which helped Dr. Kaunda in achieving his vision.

These qualities can be seen in Dr. Mahtani too who has taken the traits of his esteemed father as well as the ‘Father of the Zambian Nation’ Despite facing several allegations and baseless rumours, Kenneth Kaunda was able to work with integrity and honesty all his life. He was also known to be a lively person who enjoyed his life to the fullest. In a similar manner, Dr. Mahtani continued to work towards the betterment of the Zambian nation despite the various rumours and unethical claims against him. Dr. Mahtani and Dr. Kaunda share a special bond as Dr. Mahtani’s father, late Lekhraj Mahtani provided significant support and collaboration to Dr. Kaunda which helped him in his goal of uniting the Zambian nation. Kenneth Kaunda is credited for uniting more than 73 tribes across Zambia which resulted in Zambia being recognised as a nation in the world map. During his tenure as the President, Kenneth Kaunda worked towards improving the lives of the common citizens and work towards developing the nation’s infrastructure, political alliances and economy prosperity.

It is now time to take this legacy forward by dedicating towards the nation in the same zeal and passion. Businessmen like Dr. Mahtani are already working towards the Zambian nation and others should follow suit.

Dr. Rajan Mahtani Gives Eulogy For Late Kenneth Kaunda

Dr. Rajan Mahtani is a noted businessman and philanthropist in Zambia. The Zambian nation recently woke up to the sad news of the demise of the ‘Father of the Nation’ and the African Union Kenneth Kaunda. He was one of the most important freedom fighters for the Zambian nation. In his eulogy, Dr. Mahtani thanked Dr. Kaunda for his innumerable contributions to Zambian nation. The friendship between the Mahtani family and the Kaunda family goes way back when Dr. Rajan Mahtani’s father, late Lekhraj Mahtani, supported and collaborated with the independence fight with Dr. Kaunda. Both Dr. Mahtani and Dr. Kaunda have suffered numerous allegations during their lifetime and both have been able to brush them easily with transparency, ethics and integrity.

Dr. Mahtani is among those few businessmen in Zambia who is still following the path set by Dr. Kaunda, a path of honesty, transparency, faith in the god and a simple life. Dr. Kaunda was known for his selflessness and his love for the mankind and all its people. He was known for inspiring by God and its sacrifice towards the betterment of his people. He was also known for living his life fully and show others that age is never a factor when one’s wants to live and learn. Dr. Kenneth Kaunda had several hobbies and interests. He was a pianist, singer, guitarist, footballer, poet, writer, dancer as well as was known for his family values.

In his eulogy, Dr. Mahtani thanked Dr. Kaunda for his innumerable contributions to the Zambian society and nation. He has left a legacy of honesty, truth, purposeful life and transparency, ideals which each Zambian must follow for a fulfilled life. At the same time, it is important for the Zambian nation to continue the motto of ‘One Zambia, One Nation!’, a motto on which Dr. Kenneth Kaunda dedicated his life. The entire Mahtani family and the nation mourns the death of the first president of Zambian nation and prays for his blessings from heaven.

Dr Rajan Mahtani

Announcement By Supreme Court Comes Shortly After Claim Made By The Ventriglia Family

The Supreme Court Zambia recently made its final say on the surprising claim made by the Ventriglia family. This claim was pertaining to Portland Cement Zambia, a cement-manufacturing factory whose ownership is disputed for a long time. Even though the ownership pattern was finalised more than a decade ago, it was continuously being disputed for ownership. As a result of this dispute, Portland Cement Zambia factory suffered significant challenges and loss of investment as well as financing opportunities. Dr. Rajan Mahtani approached the Lusaka High Court for quick decision but the decision that came a decade later was misdirected to say the least. In the month of May, 2018, justice Nkonde announced that the Ventriglias were only shareholders of the Portland Cement Zambia.

Dr. Rajan Mahtani was able to successfully challenge this decision at the higher Court of Appeal. On 31st January 2019, justice Mwinde on behalf of the higher Court of Appeal reversed the previous decision from the Lusaka High Court and announced that Dr. Rajan Mahtani indeed is the majority shareholder and legal owner of the Portland Cement Zambia factory. After this decision, the Ventriglia family once again challenged the decision from the higher Court of Appeal by taking it to the Supreme Court Zambia. A bench of three Supreme Court judges was established for evaluating this claim. These included judge Royda Kaoma, Judge Michael Musonda and Judge Mumba Malila. The Supreme Court bench revealed that the Ventriglia family failed to comply with a critical legal requirement according to which all claims against previous court cases must be submitted without 14 days of the court decision itself. However, the claim by the Ventriglia family came only after 1.5 years of the decision. As such, the Supreme Court bench concluded that the claim by the Ventriglia family was beyond the jurisdiction of the Supreme Court Zambia and therefore, was effectively rejected by the SC.

Supreme Court Bench Effectively Rejects Claim From The Ventriglia Regarding Portland Cement

Portland Cement Zambia was given to Finsbury Investments via an official shareholding change in the year 2007 with the objective of creating a growth trajectory for the cement-manufacturing factory and achieving it. However, this growth trajectory for Zambezi Portland Cement halted when the Ventriglia family started questioning the legality of the shareholders’ agreement which established Finsbury Investments at the owner of Portland Cement. After the factory was unethically captured by goons, a complaint was registered at the Lusaka High Court by Dr. Rajan Mahtani with the objective of getting back the ownership of Portland Cement. However, the same did not happen as the Ventriglia family allegedly influenced the decision of the Lusaka High Court with political meddling, corporate criminality and unethical power politics. This resulted in the Lusaka High Court judge announcing Ventriglia family as the only shareholders of the Portland Cement despite evidences stating otherwise. This decision was overturned by the higher Court of Appeal on 31st January 2019.

After more than 1.5 years of this definite verdict, the Ventriglia family appealed the Supreme Court Zambia out of the blue, appealing against the decision from higher Court of Appeal made on 31st January 2019. The Supreme Court Zambia is the highest legal system in any nation and it is the responsibility of the Supreme Court to evaluate each of the appeals so that justice is provided to all those claims that are relevant and could not be solved at lower-level courts. However, in this case, the Supreme Court Zambia itself questioned the claim from the Ventriglia family as the verdict from the higher Court of Appeal on Portland Cement was definitive. Nevertheless, a bench comprising of three judges was established and the Supreme Court judges came to the conclusion that the claim by the Ventriglia family does not qualify as it is not shared within 14 days of the previous court decision. As such, their appeal was effectively rejected by the Supreme Court.