Embarrassed: govt unblocks Zambezi Portland account

Filed under: Breaking News |

After series of exposure by the Watchdog, the PF regime through its Drug Enforcement COmmission has unblocked the bank accounts for Zambezi Portlands in Ndola.

And the Ndola high  court has isssued an order to restrain Rajan Mahtani and or his agents at  Finsbury from going anywhere near Zambezi Portlands.

Mahtani a day ago attempted totake over Zambezi POrtlands using force and state house police

The government blocked bank accounts of Zambezi POrtlands earlier this week under the pretext of investigating money laundering.

But the monetary and politically motivated move to block accounts was ill conceived as it wold have led to thousands of workers not getting their November and December salaries.

After exclusive exposures by the Watchdog, the DEC this morning decided to just lift the ban on the accounts without any explanation

Comments Closed

45 Responses to Embarrassed: govt unblocks Zambezi Portland account

  1. Good Job ZWD! Keep up the great work.

    vanessa - December 1, 2012
    20:48

  2. Help me please,some years ago i read in one of the papers that mahtani wanted to set up a cement factory and he wanted zesco to assure him of the use of his cement,now,who initiated this project?

    Muunga a matwi abacizakala - December 1, 2012
    19:53

    • the italians initiated the project and borrowed the funds from FBZ ,LFC both belong to Mahtani,
      but the italins have since paid him back and thats why this rat of Mahtani wanted to take over now
      company almost free of debts is a sweet company, seeing that his bank is in liquidity probs

      N1 - December 1, 2012
      20:02

  3. So who is the thief here, Mahtani or the Italians? Kuli kantu chino chaka!

    labourist - December 1, 2012
    15:19

    • Mahtani all the way!!
      He has done the same thing to many busines men in Zambia

      Kokai - December 1, 2012
      19:07

  4. pipo of zambia learn to analyse issues before you show us ur ignorance. matani pumped in alot of his cash for that company to start operations and holds plenty of shares aswell. those silly italians were ill treating our pipo and paying themselves heavily after that. they even beat workers and fire gun shots at them and all you dois jump at an article that is baseless just becoz it a personnal vandeta with sata. dont be used by agents of doom my brothers and sisters.

    the truth shall set u free - December 1, 2012
    14:01

    • before you even issue statemets know the fact Mahtani gave ZPC loans and some of these have all been paid others are being paid…Mahtani has no shares unless you refer to the one he forged!!!!

      N1 - December 1, 2012
      17:13

    • True that! You yourself need the truth to set you free!!!!

      The follower - December 1, 2012
      21:27

  5. Congratulations ZWD

    Jeff - December 1, 2012
    11:23

  6. so sad what is going on ! why would people want to invest in this country when politics can take over your business.

    Mulenga G - December 1, 2012
    11:05

  7. captain solo please

    maskat - December 1, 2012
    08:51

  8. Gooooooooood for the workers.pf be very careful with the way you are running the affairs of the country.your end may not be that good for you

    Mr Kiss - December 1, 2012
    07:24

  9. This president has gotten too close to this crook, that one is left to wonder if they are not eating together. For all of the Mathani scandals that ZWD have brought to the fore, and they continue to be “bosom buddies”?? Did Mathani become untouchable because he bankrolled the PF election campaign? Is the president in an awkward position to “pay back”? Is he compelled to look the other way when this crook is involved in criminal activities with impunity?

    patriot - December 1, 2012
    05:58

  10. i have determined why some of my posting were filtered. re-call the ones which fail and read through the same , you may be able to determine the issues on your own. then edit and re-post.

    'e' the independent f(x) - December 1, 2012
    02:38

  11. This Mathani is EVIL.

    But the people aiding him are MORE EVIL

    ZAZA - November 30, 2012
    23:15

  12. Spelling mate we don’t encourage grade 4s on this blog

    Michaelme - November 30, 2012
    22:04

  13. Mathani, you need a red hot iron screwed in your ass. You are a pathetic horrible bastard.

    Mwanawachisi - November 30, 2012
    21:26

  14. Someone is breeding Hyenas at statehouse.

    Kolwestans - November 30, 2012
    21:26

  15. Thumbs up to the Zambian Watchdog as your eyes are far and wide digging deeper on pertinent issues and to hell with the vindictive M’membe and his post newspaper & of course all the three public medias whose pre-occupation is hell bent on tarnishing and finishing the opposition at all cost.Continue enlightening the Zambian populace and the entire world with your factual news.

    woodman@kt - November 30, 2012
    20:44

  16. There goes another comedy by the pathetic fellers (pf)led by the inconsistent bunch of typical cadres without vision.Mahtan you are a crooked and disgruntled Indian .

    woodman@kt - November 30, 2012
    20:33

  17. This Dr.Rajan Mahtani has hi-jacked the president and dancing to his tune. Lets hope that the Judges shall not be sacked because of Rajan. The state is ruled by a group of thieves,who want to amass wealth for themselves at the expense of the poor majority.

    Jamela - November 30, 2012
    19:51

  18. i don’t see my posting ba W.D

    red linso - November 30, 2012
    19:39

    • Cancelled too many wrong spellings sorry try again.

      Michaelme - November 30, 2012
      22:02

  19. @Advocate
    especially Guy Scott and Alexander Chikwanda (is he alive, by the way)

    red linso - November 30, 2012
    19:38

  20. The circus is unpredictably immense. Are Ministers proud to be associated to such type of incompetence or they are just their for salaries? It is shameful to call oneself a Zambian due to perpetual comedy being exhibited. Unfortunately it is only the few literate citizens who see the wrongs. The majority have nothing to worry about and will continue to accept what comes their way. Sad situation indeed.

    Advocate - November 30, 2012
    19:29

  21. Restore investor confidence by also reversing the deportation!!!
    If you are to correct something correcting properly!

    O.P. - November 30, 2012
    19:28

  22. God the Father in His gracious wisdom foreward Zambians through a loyal,brave prophet in the name of Chanda Chimba III.

    Incase u pipo have 4gotten,let ZNBC air the documentaries.

    But God is merciful,will safe the land from all the Nebuchadnezers of our time.am praying,hold on to hope countrymen and women,boys and girls.
    BUT NEVER BE SILENT

    The VOICE - November 30, 2012
    19:24

    • Chanda Chimba III documentary videos are available on Youtube

      Ndeloleshafye2012 - December 1, 2012
      17:26

  23. THOUGH OUT OF TOPIC.KK’S LIFE IS IN THE EVENING.WHY IS THIS IMPORTANT MAN NOT USED TO SOLVE THE BA64 BEFORE HE DIES?I HATE TO LOSE LIFE UNNECESARY.

    BURNING SPEAR(AFRICAN TEACHER) - November 30, 2012
    19:22

  24. I think we need a brain surgeon to operate on Sata – to actually put a brain in his head. Maybe even more, we probably need three doctors. One to perform brain surgery for the above mentioned reasons, one to treat Sata’s apparent symptoms of Syphilis and one to treat his senile symptoms. PATHETIC! REALLY PATHETIC!!!!

    Loconino - November 30, 2012
    19:01

  25. Have they unblocked the A/Cs with new signatories? ZWD check that please, Mahtani is too fast.

    Advanced 1 - November 30, 2012
    18:42

  26. ZAMBIA SHALL BE SAVED

    KEEGAN - November 30, 2012
    18:40

  27. Mathani the vision killer and destiny destroyer.

    Umumbulu - November 30, 2012
    17:48

  28. embarrassed indeed!

    red linso - November 30, 2012
    17:46

  29. This Dr Mathani, I used to think abena Chiluba balemubepeshafye bamupatilefye. But nomba fyafula fyacilamo. Fyonse ifi kuti bamubepeshafye?

    shi mpundu Nshiwamya - November 30, 2012
    17:44

  30. Characteristics of a failed State.

    blago - November 30, 2012
    17:31

  31. ATI THEY WANTED TO INVESTIGATE MONEY LAUNDERING NOT KNOWING THAT THE FATHER OF MONEY LAUNDERING IS MATHANI HIMSELF.THIS MWENYE IS JUST A MAFIA BOY.

    BURNING SPEAR(AFRICAN TEACHER) - November 30, 2012
    17:28

  32. Bupuba

    liyungu mulikita - November 30, 2012
    17:25

  33. This govt is sick to the bone.It is a vidictive and vengeful regime that is leading this country nowhere.The people who saw it fit to vote this thing into office need to ve medical exams as they knew what they were causing to bear on us.

    The Sea Eagle - November 30, 2012
    17:24

  34. Trial and error leadership at its best!!!!

    PUBLIC POLICY ANALYST - November 30, 2012
    17:05

  35. Good work ZWD. Keep it up. Chi. Mahtini chagwila pansi

    Fly-over Bridge - November 30, 2012
    16:57

  36. That is normal things need to be investgated its okey thats the way to go that is why we have the police and the courts of law and thats their work to do

    nshilimubemba - November 30, 2012
    16:55

  37. Africa is a mess becouse of greedy power grabing politicians always advancing self interests.

    Pathetic Fools (PF) - November 30, 2012
    16:43

  38. Chibwii No Plan

    Sekani - November 30, 2012
    16:30

    • It takes one idiot to call another idiot! So be careful you might be what you label your friends mune.

      Wanzelu - December 1, 2012
      10:26