Presentation encapsulating the illegal seizure of Zambezi Portland Cement by Rajan Mahtani.

1. The incredible true story of corporate theft
and government corruption in Zambia.

2. • Illegal takeover
Rajan Mahtani and Finsbury Investment
illegally attempted to seize control of
Zambezi Portland Cement (ZPC). They
‘forged documents’ and are reported to
have ‘bribed immigration and court
officials’.
• Legal defence
The Zambian courts have finally stepped
in to protect the rightful owners and
Directors. The authorities have arrested
Mahtani and issued several injunctions
restraining Finsbury / Mahtani from
acting as Directors and Shareholders.
Summary

3. Finsbury Investments, acting for
Mahtani, forged a ‘shareholder
transfer document’ to seize control of
the cement plant .
In 2010, the Zambian Supreme Court
incorrectly accepted Finsbury as the
legal operators of ZPC, in a
‘controversial judgment’ they removed
any rights from the legal owners
A Fraudulent Share Transfer

4. Shortly after the Supreme Court’s decree, the story took an unbelievable
turn.
ZPC’s, Mr Antonio Ventriglia and Mr Manuela Sebastiani were declared
‘prohibited immigrants’ by Zambian Immigration.
This claim was manufactured and wholly false. Neither Mr Ventriglia or Mr
Sebastiani have had any issues with Zambian authorities since their arrival,
in Zambia, in the late 1950s.
On the 20th November 2012, Mr. Daniele Ventriglia, the Operations manager
of ZPC, was summoned to present himself to the Immigration Department
in Ndola where he was informed by the Regional Immigration Officer that his
Residence Permit had been revoked because he was considered to be a
“Danger to the peace of the nation”.
He was given four hours to leave the country, was escorted to Ndola Airport
where he boarded the a flight to Nairobi, and then on to Rome (via
Amsterdam), on a ticket that had been issued to him (and paid for) by the
‘corrupt’ Immigration officials.
A False Deportation Order

5. The manufactured deportation orders
were issued to enable Rajan Mahtani to
seize the Zambezi Portland cement
plant.
With ZPC’s owners and senior staff
forced from the country, Finsbury/
Mahtani used their ‘forged documents’
and the ‘controversial’ Supreme Court
ruling to snatch Zambezi Portland
Cement.
Under (Unlawful) New Management

6. Finally, justice is within reach for Zambezi Portland Cement.
On June 2, Rajan Mahtani was arrested by police on two counts of forgery.
Contrary to Section 344, chapter nine of the Penal Code Cap 87 of the Laws
of Zambia.
Under both counts, Rajan Mahtani is alleged to have jointly, and whilst
acting with other persons unknown, forged a transfer of five hundred million
shares from Zambezi Portland Cement into Finsbury Investment Limited –
and falsely claiming that the required forms were signed by the Directors of
Zambezi Portland Cement.
Mahtani has been released on bail. The victims of his crimes are awaiting his
trial, his prison term and some small measure of justice.
Their Day In Court