Mahtani loses cement firm
Published On May 20, 2018 » 1621 Views» By Times Reporter » HOME SLIDE SHOW, SHOWCASE
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. Mahtani

By JAMES KUNDA  –
THE Lusaka High Court has granted the Ventriglia family rightful ownership of Zambezi Portland Cement Limited in Ndola, in a culmination of a 10-year legal battle with Finsbury Investments, a firm owned by prominent businessman Rajan Mahtani.
This is in a matter in which Antonio Ventriglia and Manuela Ventriglia, owners of Ital Terrazzo Limited, took Finsbury Investments to court claiming full ownership of the firm in which Dr Mahtani claimed 58 per cent shareholding against 42 per cent to the Ventriglias.
The long-running case was a clash of two sets of some of Zambia’s most promiment legal brains.
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