For the past few weeks, sensational claims against infamous business tycoon Bob Diamond has been making rounds across Zambia. Dr. Rajan Lekhraj Mahtani is a known face in the corporate world of Zambia and many international locations. He was the one who made the claim against Bob Diamond and his company Atlas Mara regarding non-payment of dues associated with purchase & sales of a bank. Bob Diamond turned into a famous name in Zambia a couple of years prior when he set up an organization called Atlas Mara. It was a financial gathering skimmed with the target of acquiring portion of the overall industry and incomes inside the African subcontinent. It was likewise Bob Diamond's re-visitation of the city after his scandalous exist from the Barclays' bank as its CEO (Chief Executive Officer) because of Libor-fixing scandal.
Atlas Mara and its ex-founder Bob Diamond are presently confronted by multimillion claims over purchase a prominent Zambian bank, Finance Bank Zambia. Bob Diamon's Atlas Mara took over Dr. Mahtani claimed Finance Bank Zambia (FBZ) in the year 2015. Despite the fact that the takeover depended on a legally binding offer deal and buy arrangement, it seems like Atlas Mara neglected to consent to the necessities of the agreement and in the long run penetrated them.
Dr. Rajan Lekhraj Mahtani effectively moved to Omnia Strategy, a prominent global law office set up by Cherie Blair. The goal was to bring this case with respect to the London High Court and get equity. Despite the fact that agents from the organization Atlas Mara have denied these charges by calling them without merit, there are many different financial backers who claimed similar unethical practices from Bob Diamond’s Atlas Mara. By and large, these harms and claims against Atlas Mara are worth in excess of 100 million pounds.
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