Here is the apology letter. Have a look at it.
Odysseas Mandenakis, the Managing Director of Hotellier Limited has made an apology to the chairman of Finance Bank Zambia, Dr. Rajan Mahtani, Finsbury Investments, its officials and affiliates for making numerous allegations against them in the past.
Here is the apology letter. Have a look at it.
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Recently, a false article regarding Rajan Mahtani was published on Zambia Reports. The headline of the news was: “Rajan Mahtani’s Rented Police Arrest ZPC Lawyer.” This is an absolutely false news by Evans Mulenga that Rajan Mahtani, the chairman Finance Bank Zambia, rented police to arrest the Zambezi Portland Cement (ZPC) lawyer Zacharias Muya. Muya was arrested by the police in Ndola for money laundering and theft of billions of Zambian old currency and US dollars. The money was actually stolen by Muya at the time when the Ventriglias ruled the Zambezi Portland Cement during those few years (2008-2012). Although Rajan Mahtani and Finsbury Investments had a majority shareholding at ZPC, they were ousted by Antonio Ventriglia and the other Ventriglia family members in 2008. It was only in 2012 that Rajan Mahtani started to rule ZPC again. An audit report by Deloitte and Touche on ZPC claim that Zacharias Muya’s company, Laurel Mining Equipment Limited, was paid about USD 18,764,521 by the ZPC but the cement company didn’t show it. The main business of Muya’s company is in farming. Neither did they supply ay equipment to ZPC nordid they offer any service to the firm, then why was it that Muya received the huge amount of money? Moreover, it has been found that ZPC paid more than K3.8 billion in old currency to Muya & Co for alleged legal services. Some payments were however, made in cash. Muya directed Portland cement Zambia to pay USD 375,000 to Antonio’s account in Dubai against the invoice of Muya for legal services alleged by ZPC.
So, the question which arises now is that why did Zacharias Muya, the Zambezi Portland Cement lawyer, not justify his claim; get paid by the company itself and then pay Antonio. It’s thus the movement of monies, which raised the charges of money laundering on him. The police too has realized this and has proves of the audit report by Deloitte and Touche that this man is a crook. Other people who are involved in stealing money and money laundering at ZPC are expected to get arrested soon. An inter-denominational service was held about the prisoners of Zambia a few days before on May 24,2014 in Northmead Assembly of God Church in Lusaka. There were many speakers and one among them was Dr. Rajan Mahtani who is presently the chairman Finance Bank Zambia. He is also the chairman of the Prisons Fellowship of Zambia (PFZ). Rajan Mahtani said that the prisoners are the most disregarded and forgotten people in Zambia. He also mentioned that they are very close to God’s heart and that He is very much concerned about them. Stressing on God’s concern, he asked the Christians to reflect on their priorities by putting the Church resources into prison ministry. He said that the Zambian society and the Christians to become the voices for voiceless in promoting and advocating a fair and just criminal justice system. He said, "We must remember our Lord does not dwell in buildings built with bricks, but close to the broken hearted, despised and outcasts. He hears the cry of the prisoners and is with them and wants his body to minister to the Church behind the bars. Prisons need the light, love and hope and we are the only ones that can take transforming love into prisons." Here we shall not forget about what Nelson Mandela said. According to him, no one would truly know a nation until being in jail at least for once. That a nation should never be judged by how it cares for its highest citizens, but the lowest ones-the imprisoned people. There is in fact no wrong with holding the wrongdoers in the prison. Since they committed crimes, they deserved to be there but that doesn’t mean that human being will turn to be animals. He made it a point to mention that the criminals who are imprisoned should be treated in the most compassionate and humane manner. Imprisonment will be in the society and is for the mankind. It’s a great way to stop criminals from committing any further crimes and a means of correcting them. Rajan Mahtani said that PFZ shall continue to draw together and allow the jailers get experience and varying skills needed for them to share Lord’s word. "The Church is the only one that has the potential in combating crime at its root. Prison fellowship is committed to recruit, train and encourage followers of Christ to have a vital ministry to prisoners, ex-prisoners and their families. It is the belief of PFZ that all inmates and ex-inmates have the potential to be rehabilitated by administering to both their spiritual and physical needs through evangelism, rendering support, life skills and guidance required to empower them to lead a normal and self-sustaining life," he elaborated. |
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