Rajan Mathani praises PF Government for handing Finance Bank back to him

By IAfrica
In Zambia
Mar 26th, 2014
0 Comments
63 Views
Tourism and Arts Minister Silvia Masebo shares a light moment with Finance Bank proprietor Rajan Mahtani at the Blessings Center in Lusaka during the Unleashing the Kingdom of God summit 2013 where international gospel artist Don Moen was also performing

Tourism and Arts Minister Silvia Masebo shares a light moment with Finance Bank proprietor Rajan Mahtani at the Blessings Center in Lusaka during the Unleashing the Kingdom of God summit 2013 where international gospel artist Don Moen was also performing

FILE: Former Tourism and Arts Minister Silvia Masebo shares a light moment with
Finance Bank proprietor Rajan Mahtani at the Blessings Center in Lusaka
during the Unleashing the Kingdom of God summit 2013 where international
gospel artist Don Moen was also performing

Finance Bank Zambia Chairman Rajan Mathani has praised the PF government for handing back the Bank to the rightful owners and serving it from what he termed as ” jaws of death and total annihilation”.

“My heart is filled with gratitude and thanks giving to our lord Jesus Christ who sustained, established, granted growth, delivered from Jaws of death and total annihilation and now steering FBZ to greater glory for his name”.

He further commended the current administration for being a people’s government that listened to the cries of its citizens as well as for its intolerance towards injustices perpetrated by the previous administration.

“On behalf of the board of directors, Management, members of staff, our loyal customers and indeed the entire nation we record our gratitude to your government for being a principled, fair and listening government bold to redress injustices and restore the indeppendence of our judiciary”.

“This spirit has also been proven in your recent revocation of SI 55 and SI33 for the entire benefit of the nation”. Mr Mahtani said.

And speaking at the same function. Finance Minister Alexander Chikwanda has described the action by the former ruling party, the Movement for Multiparty Democracy (MMD) on its move to grab and sale Finance bank for $5 Million, an amount not even half the banks value, as the last franchise of morality.

Mr. Chikwanda claimed that the action by the MMD would have incapacitated Zambia and the Region because the bank has been a supporter of small scale businesses as well as small scale farmers, who are the economic engine of the country and the region.

The Minister noted that his party, the ruling Patriotic Front (PF), came to liberate the country’s economy, claiming that the PF came into office with a view of promoting a free market economy without undue influence from government.

He added that the president’s move to repossess the bank and return it to the rightful owners has been vindicated as can be seen from the good economic performance of the bank which has continued to grow since it was returned to the owners.

And the Finance Bank chairman has revealed that the bank will before the end 2014 list on several Stock Markets.

Mr. Mathani said his bank is in the process of listing on the Lusaka stock exchange, Nairobi stock exchange, and London Stock exchange as it extends it tentacles to other markets.

The duo were speaking at the Finance Bank Zambia limited financial result for the year ended 31st December 2013 cocktail party at Pamodzi hotel last night.


This post was originally published on this site

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS

Comments are closed.