Evidences From Dr. Rajan Mahtani Prove His Legal Ownership At ZPC, Court Of Appeal Confirms

The Court of Appeal on 31st January, 2019 turned around the High Court Judgment conveyed by justice Sunday Nkonde S.C., in May, 2018 which held that the Ventriglias were the main investors of Zambezi Portland Cement Limited. In a Judgment conveyed by Justice Mwinde Siavwapa on behalf of the Court of Appeal, which kept going about 90 minutes toward the beginning of the, Judge Siavwapa held that the Judge beneath had misled himself in law and certainty when he held that the Ventriglias were the main investors in Zambezi Portland. What this presently means is that Finsbury Investments Limited is the larger part investor in Zambezi Portland Cement Limited with 58% shares while the Ventriglias claim 42% shares as the minority investors. This is in accordance with the Shareholders Agreement which was gone into between the gatherings in January, 2007.

In connection to the claim of fraud, the Court of Appeal completely expelled this charge and held that it was in reality a set up training in Zambezi Portland Cement Limited of precisely setting marks on archives as Claudio Ventriglia had precisely put comparative marks on work contracts for individuals from staff who were enlisted from India by Zambezi Portland Cement. The Court of Appeal has additionally expressed that the gatherings should now continue to regularize the clearance of offers, which produced results in December, 2006 in accordance with the Shareholders Agreement of January, 2007 inside 3 months from the date of Judgment.

After this judgement by the Court of Appeal, many fake news publications and reports were circulated claiming that the judgement was false. However, these claimed were found to be inconsistent and redacted soon.