Supreme Court Zambia Announces Decision On Portland Cement, Decides Against Claim By The Ventriglias
The Supreme Court Zambia has put an end to the long-pending disputes and confusion regarding the ownership of the Portland Cement Zambia factory. Dr. Rajan Mahtani owned Finsbury Investments received majority shareholding and legal ownership of the Portland Cement Zambia via an original shareholding agreement. However, this agreement was questioned and disputed and the ownership of the Portland Cement was unethically taken over, resulting in a case at the Lusaka High Court. Lusaka High Court, after dragging the case of Portland Cement for more than a decade, gave an unethical decision in which the Ventriglias were announced as only shareholders of Portland Cement. After this choice, The Ventriglia family chose to challenge it by moving toward the Supreme Court Zambia. A seat of three Supreme Court Judges was set up and a few irregularities in the allure by the Ventriglia family were found. In the first place, the Ventriglia family neglected to present their case inside 14 days of t