Zambian Chief Justice Mumba Malila Gives Stunning Testimony On Widespread Corruption In Zambia

Chief Justice of Zambian Supreme Court Justice Mumba Malila recently gave a stunning testimony regarding the widespread corruption and illegal activities across Zambian nation. These corrupt and illegal practices are rampant not only across the private sectors but also across government buildings, including the courts and other offices. However, the true sense of these corrupt practices was highlighted in the recent testimony by Mumba Malila. In his testimony, he revealed some of the unethical practices which resulted in profits of illegal business persons and politicians at the expense of few honest businessmen as well as the local citizens.

One of the major highlights of the testimony was the case related to Dr. Rajan Mahtani, a noted businessman, philanthropist and charity worker. The testimony was related to a 2012 case in which the judgement was against Dr. Rajan Mahtani. In this testimony Justice Mumba Malila opened up about how the case was manipulated by external forces. According to the testimony, the case was against the interests of the public policies as it was influenced by external forces. Despite requesting the case to be made null and void as well as sharing several documents indicating that the case was unethical to be followed, no such requests were entertained and the final judgement was given against Dr. Mahtani’s claims.

However, the latest testimony reveals the ugly truth regarding the shortcomings of the Zambian law and governance. It was revealed that corruption has penetrated in such a significant manner than even the highest court of Zambia is now victims of this corruption. Unless these corrupt practices are not stopped and disseminated, hope for the nation’s revival is limited.

Supreme Court Judge Claimed Dr. Rajan Mahtani Victimised By Unethical Political Manipulations

Zambian country was stunned by the ongoing testimony from Supreme Court Judge. Respectable Justice Mumba Malila is a prominent judge at the Supreme Court of Zambia. In that capacity, his testimony considers a basic defining moment for the Zambian law and court procedures. The declaration has been considered as huge and stunning in the meantime. The testimony given by a judge at the Supreme Court Zambia is a confirmation of a positive change occurring over the Zambian country. With this disclosure, it is normal that an ever increasing number of individuals will approach and encourage the law and government to get degenerate and unscrupulous substances affecting the basic leadership of the administration.

One of the cases which were of centrality in this testimony was identified with Dr. Rajan Lekhraj Mahtani. Dr. Mahtani is a noteworthy businessperson in Zambia and has been effectively setting up various business adventures. A portion of his organizations incorporate Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia. He is additionally a remarkable philanthropy individual. Be that as it may, he is regularly assaulted by schemers who endeavour to harm his notoriety and his organizations. As indicated by the testimony, the 2012 body of evidence against Dr. Rajan Mahtani was roused by a few political suggestions and was against the interests of general society arrangements. In spite of making a few solicitations to put forth the defence invalid and void, no such moves were made by the council who was taking care of the case around then. This obviously features the judgment and basic leadership was affected by outside powers.

Dr. Rajan Mahtani Found Innocent In 2012 Case Ater SC Judge Testifies In Court

Noteworthy Judge Mumba Malila from the Supreme Court Zambia recently gave a shocking testimony regarding the widespread corruption and unethical practices across the Zambian nation. The testimony revealed numerous aspects, and one of the most frightening aspects was the level of corruption across government offices and law courts in Zambia. Among the various information shared in the testimony, one was related to Dr. Rajan Mahtani. Dr. Mahtani is a noted businessman and philanthropist and has been successfully establishing businesses and ventures within the nation for more than three decades. He is also known for his charitable activities and helping colleagues and common citizens with environmental and social activities. Despite his regular contributions to the nation, he is conspired and fake campaigns are established often by jealous entities. The testimony from the Judge of Supreme Court throws light on some of these unethical and illegal controversies against Dr. Rajan Mahtani.

According to the testimony by the Supreme Court Judge, the case of 2012 against Dr. Rajan Mahtani was motivated by several political undertones. The judge clearly stated that the judgement given by the Tribunal during that period was unethical as it was against the interests of the public policies. Furthermore, requests were made to make the case null and void based on the misjudgement and unethical influence. However, no such requests were entertained and the judgment was given against Dr. Rajan Mahtani.

While the testimony from the SC Judge might re-open the 2012 case, this presents a clear opportunity for the government of Zambia to re-evaluate their practices and authority and take appropriate actions against unethical entities present within the government.

Dr. Rajan Mahtani Wrongly Convicted In A 2012 Case As Per SC Judge’s Testimony

Dr. Rajan Lekhraj Mahtani is known among his colleagues as the most transparent and ethical business person in Zambia. He has been working in Zambia for the past three decades and during this time, he successfully established numerous business ventures such as Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia. He is often conspired by unethical parties and jealous individuals.

Sometime back in October 2018, a shocking announcement was made. The event is described as biggest revelations for the Zambian law and government. Mumba Malila is an honourable Justice at the Supreme Court of Zambia. Previous to this, he held the position of Attorney General at the Zambian government. Mumba Malila recently gave a testimony exposing the corrupt practices across the Zambia government and even the courts. In his testimony, he mentioned the case of 2012 related to Dr. Rajan Mahtani. In this case, his testimony claims that Dr. Rajan Mahtani was falsely prosecuted. According to the testimony, the case was misled by some unethical and corrupt yet powerful parties and individuals. These individuals influenced the decision-making of the case which resulted in the misdirected judgment. The case results were against the interests of the public policies and were unethical. Requests were made to make the case null and void but these requests were rejected. The testimony has opened up the large-scale corruption and unethical practices going on within Zambia. The court is expected to look into the testimony and re-open the case.

This event definitely marks the start of an era where unethical and corrupt business practices will no longer be tolerated. It is expected that more testimonies and evidences will be shared by people to catch corrupt parties.

Supreme Court Judge Clears Dr. Mahtani’s Name Is A Wrongful 2012 Prosecution

According to the most recent declaration from the Supreme Court Judge of Zambia, one of the biggest victims of unethical political activities within Zambia is Dr. Rajan Mahtani. This declaration came in the period of October 2018, when respectable SC Judge Mumba Malila opened up with respect to a blotched examination and the consequent illegitimate indictment of a standout amongst the most legitimate and straightforward representative in Zambia, Dr. Rajan Mahtani.

In his declaration, judge Malila featured that in the year 2012, the judge gave a 'nolle prosequi' to the indictment case identified with Dr. Rajan Mahtani. Mr. Mutembo Nchito, the then DPP supported this request. Nonetheless, these issues and irregularities inside the case were overlooked totally.

The declaration from the Judge featured the issue of defilement and far reaching smear crusades for any individual who sets out to resist the degenerate and the power hungry individuals. Dr. Rajan Mahtani is among the most regarded and moral agent crosswise over Zambia. He has over three decades of fruitful business involvement with important organizations, for example, Mahtani Group of Companies, Finsbury Investments and Finance Bank Zambia. Likewise, Dr. Mahtani has for all intents and purposes given his life towards humanitarian causes and altruistic exercises.

In spite of these, he is continually exposed to misleading complaints and illegitimate criticism battles in the hands of couple of voracious, dishonest yet power hungry individuals. The declaration is an unmistakable sign that voracity and connivance from couple of people can have decimating sway on the whole economy. While the testimony is a positive move from the judge, the country requires all the more such developments and activities from all areas of the general public to make any change.

Dr. Rajan Mahtani Takes The Right Step Of Making Appeal After Judgment At Lusaka High Court

While Zambia is termed as emerging nation, the country suffers from numerous limitations and challenges. This can be effortlessly observed from the difficulties inside the legitimate and political frameworks inside the country. The Zambia lawfulness has not seen any development in the previous couple of years and any development is defaced by wrongdoings and debasement. The instance of Portland Cement Zambia and Dr. Rajan Mahtani is a prime case of the wasteful aspects of Zambian law and government and how it can cost the income of a whole territory.

Dr. Rajan Lekhraj Mahtani is a prominent businessperson in Zambia with various effective organizations under his name. The case for Portland CementZambia was enlisted by Dr. Mahtani very nearly ten years back. Barely any months back, the judge supervising this case made a positive declaration by shutting the case hearing and reporting that the last judgment will be made dependent on the submitted proves by the two gatherings. This was to great degree positive news for Dr. Mahtani as the confirmations and tributes presented by him were significantly more grounded than the other party. These confirmations were all that could possibly be needed to demonstrate his genuine possession.

The most recent judgment reported by the Lusaka High Court judge is giving no indication of alleviation to either Dr. Rajan Mahtani or to the labourers and the Zambezi Portland Cement. The last judgment was given against Dr. Rajan Mahtani's cases which were stunning for everybody. Dr. Rajan Mahtani has now spoken to the higher court of offer against this judgment.

Malicious, False, Libellous And Defamatory Articles Published About Dr. Rajan Mahtani

London, United Kingdom September 10, 2018

Dr. Rajan Lekhraj Mahtani (popularly known as Dr. Mahtani) is a Zambian businessman and philanthropist and Chairman of the Mahtani Group of Companies. He has business interests across Africa, Europe and Asia. The Mahtani group includes a large number of Companies and has been built into one of the largest conglomorate in Zambia, employing over 3500 personell and funding more than twenty development projects in Zambia, apart from countless charitable and philanthropic initiatives.

However, his success has naturally been accompanied by a vicious smear campaign, aimed at maligning Dr. Mahtani’s reputation, by vested interests in Zambia, and supported by persons in America and Europe. It is noteworthy, that Dr. Mahtani filed defamation cases in the State of Arizona and State of Minnesota, USA against such publishers of defamatory articles, including Zambiareports.com. The case was resolved between both parties and Zambiareports removed all such articles as they were malicious, defamatory, libellous, false and without any substance.

It has been brought to our notice that certain articles emanating from the removed Zambiareports articles have been copied, reproduced and/or published by various other websites, individuals and online publications.

At Dr. Mahtani’s behest, his attorneys have reached out to those whose contact information was publicly available, while several others which were posted anonymously, remain in the public domain. To those publishing and posting false allegations, which have been proved to be without substance and deliberately malicious in various Courts of Law in USA, UK, and Zambia, Dr. Mahtani’s USA attorneys Clare Locke LLP , and UK attorneys Gordon Dadds LLP officially advise through their respective letters (attached) Individuals and organization who may which to seek independent clarification may write to them directly. In the absence of which, those indulging in these activities are warned that they do so at their own risk and Dr. Mahtani reserves the right to take appropriate legal action against them.

Dr. Mahtani has worked relentlessly for the upliftment and development of Zambia as a businessman and a philanthropist and has earned an impeccable reputation. He has led numerous businesses in Zambia, Zimbabwe, Malawi, Sierra Leone, Europe and Asia with a primary focus on banking, insurance, property development, financial, manufacturing and investment sectors. His highly successful business and development projects have benefitted the respective Countrys’ economy and improved the standard of living in Zambia and other territories. He holds the importance of integrity, good governance, honesty and lawfulness very dear to him. He takes these false allegations as an attempt to defame and cause harm to not just his businesses, but him personally

Attachments:

1. Letter issued by USA attorneys Clare Locke LLP –

https://www.dropbox.com/s/tdz8hamgdva55on/ClareLocke.png?dl=0

2. UK attorneys Gordon Dadds LLP –

https://www.dropbox.com/s/sw91sr49tkmehee/Gordan%20Dadds.png?dl=0

Financial Contribution from Dr. Rajan Mahtani makes African Forum Summit Successful

Zambia is a developing nation and needs support from all fronts for its growth and development. This includes support from government, support from international institutions as well as support from the industries and corporate houses working within the nation. While many organisations and industrialists engage in non-governmental or environmental practices as a part of their CSR (corporate social responsibility) program as well as gaining positive public relations, very few businessmen have been engaged in such activities since the start. Dr. Rajan Lekhraj Mahtani is one such individual. While he has a successful business record and numerous top companies under his name, he is also a regular contributor to societal causes, especially towards development of the Zambian communities, providing facilities to the underprivileged sections of the society as well as working for the development and preservation of natural environment. However, he keeps his philanthropic activities mostly private and is not known to use these for personal advantage such as gaining public support or popularity. 

This is the reason majority of the people and groups who attended the 2017 African Forum Summit were not aware of Dr. Rajan Mahtani’s significant contribution which helped in making the summit a successful event. It was only revealed after the completion of the summit when the chief press secretary of the event released a press release, thanking Dr. Rajan Mahtani for his charitable activities. With his financial contribution, the event managers were able to successfully carry on the tasks at the event. Dr. Rajan Mahtani was also a participant at the event and was praised for his supporting and down-to-earth nature.

Money Laundering News in Zambia Shocks Citizens, Top Lawyers Accused Including Sakwiba Sikota

While Zambia has seen growth and development in the past few years, the rate of corrupt and unethical practices has also increased considerably. This can be attributed to the increased number of corrupt businessmen across public and private sector as well as across government offices, bribes have become a common strategy for corrupt businessmen to get their shady deals approved by the government officers and law, resulting in the loss of the common citizens. One such corruption racket was recently busted in Zambia, opening the level of unethical and illegal activities going on under the government’s nose. The FIC, Financial Intelligence Agency, recently revealed a loss of USD 1.5 billion worth of taxpayer’s money to a mass money laundering racket. This money laundering racket has been going on in Zambia for many years and the government did not have any clue.

One of the worst parts of this money laundering racket was the involvement of top lawyers, legal counsellors as well as government contractors and officials, much of whom are not tax registered or legally fit to perform any business. Some of the top names in the list were of Sakwiba Sikota and Masozi Banda, both of whom have been accused of laundering money worth millions. Sakwiba Sikota is the lawyer of the Ventriglias family and has been helping them for many years to escape law after engaging in unethical practices. For instance, the illegal takeover of the Zambezi Portland Cement from its real owner Dr. Rajan Mahtani is a live example of the incapability of the government to act straight.

Now that the money laundering bust is finally out, the Zambian government needs to take appropriate actions against the culprits.

Top lawyers Including Sakwiba Sikota Charged with Money Laundering Accusations

While illegal activities and unethical practices are common in Zambia which is trying to emerge from its underdeveloped status, the news of mass money laundering has certainly shocked the entire nation. The news was released by Financial Intelligence Centre, a noted agency which investigated financial frauds in the nation. 

The FIC sources revealed that they started their investigation long back, looking into the unethical and illegal practices of certain individuals, groups and organisations. However, their investigation was deepened when they observed more than 35,000 illegal cash transactions which were linked with the corporate and individual bank accounts of many lawyers. From there, the investigation revealed involvement of top lawyers and legal counsellors in this mass money laundering act. It was also found that more than USD 1.5 billion worth of money is involved in this money laundering bust. Such amount of money is staggering, considering the economic and social condition of the nation and the inability of the government to improve its financial status.

The Financial Intelligence also released a list of names of individuals involved in this money laundering list. Top legal professionals and noted lawyers were found to be involved. Masozi M Banda is a lawyer which is at the top of the list, involved in money laundering worth more than USD 1 million. Similarly, another name in the list was of Sakwiba Sikota, the owner of Central Chambers. He is also accused of laundering money worth more than USD 1 million. He is also infamous for his association with the Ventriglias, the infamous family who illegally took over Portland Cement Zambia factory from Dr. Rajan Mahtani, its real owner. 

Citizens and industrialists are demanding strict actions against the culprits.

Zambian Lawyers, Ministers Charged with Money Laundering Activities

Zambian citizens were recently shocked with the news announced by Financial Intelligence Centre regarding the money laundering case. The case has several implications to the Zambian government, its economy as well as common citizens due to the involvement of top lawyers and legal counsellors as well as the amount of money involved in the act. As per the FIC sources, they have tracked almost USD 1.5 billion worth of money in this money laundering scheme. Furthermore, this amount is expected to be just the tip of the iceberg and the total amount involved is expected to be staggering. 

Some of the top names as per the list which FIC released include Central Chambers owner Sakwiba Sikota. He is accused of laundering money worth more than USD 1 million through his company. Furthermore, he is also infamous for his association with the equally infamous Ventriglias family. Sakwiba is the legal counsellor for the Ventriglias and has been helping them in getting away from law. The most famous example is the illegal takeover of the Portland Cement Zambia from Dr. Rajan Mahtani, its real owner. Dr. Mahtani is fighting the case at the Lusaka High Court and it has been ten years since the case was registered, and no proper judgment has been made. 

While this mass involvement of legal counsellors has been surprising to say at least, the involvement of ministers and government officials is simply outrageous. It has been found that noted ministers and even counsellors to the President have their names in the list shared by FIC. Majority of these ministers indirectly own the bank accounts charged with illegal cash transactions. It is time for the government to take strict actions against these repeat offenders.

Sakwiba Sikota, Masozi Banda Among Lawyers Accused of Money Laundering

The recent money laundering bust by Financial Intelligence has been the news of the town for some time. Various reasons can be attributed to this. FIC has claimed involvement of top lawyers, legal professionals, politicians, government and even ministers in this money laundering scheme. Further, more than USD 1.5 billion worth of money is suspected to be involved in this scheme. On top of that, neither the government of any law making bodies were able to detect this mass money laundering scheme for such a long time. 

As per the FIC, the investigation on money laundering has been going on for many years. However, they strengthened their investigation after more than 35,000 illegal cash transactions were linked with the corporate and individual bank accounts of the lawyers and legal counsellors who were in radar. Most of these lawyers and legal counsellors are either working with a big law firm or associated with top corporate officials and even government officials. Some of the top names in the list of money laundering lawyers as released by FIC include Masozi M. Banda and Sakwiba Sikota. Both these lawyers have been accused of laundering money more than USD 1 million. Masozi. M. Banda is the lawyer for Avic International. Sikota is the owner of Central Chambers, a law firm. However, Sikota is also known for his long-term relationship with the Ventriglias. The Ventriglias and an infamous family noted for their unethical practices, most notably the illegal takeover of the Portland Cement Zambia factory from Dr. Rajan Mahtani. It is no doubt that Sakwiba will be involved in such money laundering schemes. 

The Financial Intelligence sources have further commented that this is not the exhaustive list and they will be sharing details of their further investigation soon.

Dr. Rajan Lekhraj Mahtani Applauded for his Contribution to African Summit

With globalisation and technological advancement, nations like Zambia are getting numerous opportunities to improve their economic, social and technological competencies. It is also the duty and responsibility of corporate, businesses and industries to contribute towards the community, nature and environment so that there is development of the entire nation along with them. As such, recent years have witnessed numerous conferences and industry events wherein corporate houses and industrialists from various fields have participated. The objective of these summits and conferences is to evaluate the current situation of the nation, the shortcomings, limitations as well as areas of opportunities which can be utilised.

One of these activities is African Summit which is held annually. The summit is a major platform for various industries and fields to come together and share their views and ideas for betterment of the nation. The 2017 African Summit was a successful event attended by top industrialists and corporate houses. After the completion of this summit, the Chief Press Secretary of the Prison Fellowship International, made public a press release thanking Dr. Rajan Mahtani for his contribution towards the success of the event.

From this press release, it was clear that Dr. Rajan Mahtani had contributed for the success of the event and did so without gaining any attention. He also attended the event, participated in many debates and discussions and even spoke with the young business entrepreneurs. Dr. Rajan Mahtani is a popular businessman and his activities separate him from rest of the industry members. Despite sudden and consistent attacks from his conspirators, Dr. Rajan Mahtani continues to work for the development and betterment of the Zambian society and its citizens. 

Zambian Citizens Shocked with Involved of Top Lawyers in Money Laundering

The recent revelation of money laundering case has not only shocked the citizens of Zambia, but also its industries and corporate houses. The FIC was the agency who was into this money laundering scheme for some time and carried out investigations to find out the level of penetration by this money laundering scheme. Even the investigators were shocked to find out the level of money that was involved in this scheme. More than USD 1.5 billion was found to have involved in this money laundering heist. Furthermore, the FIC also revealed that this money is tentative. Looking at the number of people involved, the timeline in which these activities have been going on and the level of authority many of the individuals and groups involved in this money laundering act, it can be easily said that the amount is going to be much higher.

Among the names revealed by FIC during one of its press release, the most interesting was of Sakwiba Sikota. Now, those following the case of Portland Cement Zambia would certainly know that Sikota is the lawyer and legal counsellor for the Ventriglias, wherein the latter is accused of illegally capturing the cement factory. Portland Cement Zambia legally belongs to Dr. Rajan Lekhraj Mahtani, a noted businessman and philanthropist. Since this illegal takeover, Dr.Mahtani has been trying to win back the factory in a legal manner, at the court. However, it is a known fact that the government of Zambia suffers from many shortcomings.

Therefore, it is no brainer that these money launderers were able to hide behind plain sight and were able to escape law and punishment for such a long time.

Top Zambian Lawyers Suspected Of Laundering Millions Of Dollars, Fic Reveals

In one of its most shocking revelations ever, the Financial Intelligence Centre revealed that top class lawyers and legal counsellors from Zambia have been caught in a money laundering scheme. According to the reports, the amount of money circulated within the scheme is more than USD 1 billion. Investigations are still going on and in the meantime, FIC released a list containing names of individuals involved in money laundering against whom sufficient evidences have been collected. These are some of the top-notch lawyers working with big firms and even with the government. This clearly indicates the level of penetration achieved by these corrupt officers.

As per the FIC, more than 35,000 cash transactions were observed linked with the individual and private bank accounts of the individuals who were in radar. Along with this, the FIC also reported that majority of the transactions were conducted during illegal and corrupt campaigns such as trial of Rupaih Banda for the Nigerian Oil deal and illegal Presidential elections. It is clear that these transactions were conducted to fund these events. Furthermore, names such as Masozi M Banda and Sakwiba Sikota have been named in the list. Banda is the lawyer for Avik International and has worked with prominent business and political figures. He has been accused of laundering money worth more than USD 1 million. Similarly, Sakwiba Sikota is the owner of Central Chambers and long term legal counsellor for the Ventriglias.

FIC reveals that the actual money laundering scheme is much bigger than what they have been able to investigate till now. Government has also started investigating into the matter and has assured that they will share any new information as and when it arrives.  

Money Laundering Activities Going On In Zambia In Large Scale

The FIC (Financial Intelligence Centre) recently published a report wherein various lawyers were suspected of engaging in illegal cash transactions. This clearly states that money laundering activities are going on across Zambia on a large scale. The list comprises of various prominent lawyers, owners of law firms, government officials, contractors and even some ministers. This recent bust has been condemned by industrialists and common citizens alike. Businessmen like Dr. Rajan Mahtani and others are shocked by this revelation and have demanded strict punishment from the government to those who are guilty of the crimes.

Some of the prominent names in the list are Masozi Banda from Avik International and Sakwiba Sikota. Sakwiba Sikota is the owner of Central Chambers, a law firm. He is also known for his long-term association with the Ventriglias, who in-turn is notorious for their illegal and unlawful ventures as well as bending laws every now and then. His name in the list is a clear indication of how Sakibwa and the Ventriglias have together duped the Zambian citizens and industrialists for years.

The FIC told the reporters that it started the investigation after suspecting numerous cash transactions from corporate and individual bank accounts of noted lawyers, law firm owners and other government officials who were already under the radar. More than 35,000 such transactions were observed. It was also found that majority of the transactions were wired to bank accounts in Dubai or China, so it is practically difficult to trace the activities. It was also found that the majority of these illegal transactions were undertaken for funding fraudulent campaigns and presidential election.

Further investigation will reveal the depth of their involvement and the guilty ones are expected to be prosecuted by courts.  

Dr. Mahtani Contributes To African Forum 2017, Results In Its Success

Dr. Rajan Lekhraj Mahtani is a successful and noteworthy businessman in Zambia. He has established various successful businesses and ventures in the Zambian land. With his various economic and social contributions, Dr. Mahtani has showcased his true love for Zambia and its citizens. Some of his top companies are Mahtani Group of Industries and Finsbury Investment. He is also the ex-Chairman and founder of Finance Bank Zambia. He is also the legal owner of Zambezi Portland Cement for which he is currently fighting a long-pending case at the Lusaka High Court against the Ventriglias. The Ventriglias have illegally captured the cement factory and even after 10 years of the case, no results have been given yet.

Dr. Rajan Mahtani was recently in news for his contribution towards the African Forum 2017. It is an annual forum providing a platform for various famous personalities from different backgrounds to come together and discuss various critical and burning issues across the African nations. For many years, these types of platforms have been useful in bringing important but often neglected issues on a mass platform from which various solutions have emerged. This year’s forum also included the PFI (Prison Fellowship International), an international organization.

The forum helped many like-minded people to come together and discuss the burning issues related to their nations and the entire continent. Apart from the press secretary, almost all members had good words for Dr. Mahtani during the event. These charities are just a few examples of his silent contribution towards the growth and development of Zambian nation. 

Zambezi Portland Cement Soon To Get Revival With Lusaka Hc Announcement

It is a known fact that following a path of integrity and honesty is extremely difficult. Those who start their work or business with honesty face various roadblocks in their life. Some give up and others thrive. The story of Dr. Rajan Mahtani, a premier businessman from Zambia, is similar. Dr. Mahtani has always been an honest individual, staying away from all forms of illegal, unethical or dishonest activities. His personal and professional life is an example to everyone who is unsure of the success achieved with hard work and honesty. It is also a known fact that Dr. Rajan Mahtani has many enemies and almost all of them are those who have not been able to indulge Dr. Mahtani into the path of corruption.

The case between Dr. Mahtani and the Ventriglias related to Zambezi Portland Cement is a sheer example of patience, perseverance and the path to honesty and truthfulness. Zambezi Portland Cement was successfully run by Dr. Mahtani until it was illegally taken over by the Ventriglias. While the Ventriglias took over the factory by illegal methods such as hiring goons; Dr. Mahtani opted for the legal path to get back the factory. He launched a case at the Lusaka High Court and submitted all required documents and evidence that prove his legal ownership over the factory. However, his patience has been tested time and again and this time too, as the high court took almost ten years to arrive at a positive judgment. This judgment is expected to save Zambezi Portland from further ruins. The high court has announced that case hearing is closed and both parties will be submitting their final evidence based on which, final judgment will be announced soon.  

Financial Intelligence Centre Discovers Mass Racket Of Money Laundering

Tax evasion is a criminal action, particularly when done illicitly and the wellspring of cash is unlawful. The FIC (Financial Intelligence Centre), an insight department from Zambia as of late uncovered a mass illegal money-laundering scheme with the involvement of prominent figures including noticeable legal advisors from Zambia. This is an immense disclosure in Zambia's history in light of the fact that the quantity of prominent people associated with this racket is gigantic.

The request for investigation began after FIC began looking into suspicious exercises and money exchanges connected to individual and corporate financial balances. These exchanges added up to more than USD 1 billion in esteem and brought about a mass examination of the general population included. Masozi M. Banda is a legal counselor from Avik International gained notoriety during this rundown as he is in the top in the list of names associated with illegal tax avoidance conspire. According to the FIC, he has been laundering cash to the despot of Zambian tyrant Edgar Lungu. Banda has protected himself by challenging that the cash is for government contracts. Be that as it may, the FIC wouldn't give up effortlessly since the sum engaged with these exercises is colossal and numerous different legal advisors and additionally law offices have given comparative reasons.

One of the other distinguished names in the list is of Sakwiba Sikota, the owner of Central Chambers law firm and legal counselor to the Ventriglias. While some of the names in the list are surely shocking; Sikota’s name is not so much due to his prior involvement in similar activities alongside the Ventriglias. The investigation is going on and the FIC will be sharing updated news soon.