Finsbury Investments is one of the top organizations set up and run by finance manager Dr. Rajan Lekhraj Mahtani. Finsbury Investments sued the ESATD (Eastern and Southern African Trade and Development) bank at the Lusaka High Court with claims that the organization suffered significantly because of the unethical acts by the bank.
Finsbury Investments in their complaint, asserted that the bank dishonestly permitted Ody's to change the lodging's offer capital and issue recently settled offers which were not quite the same as the initially and really settled previously. Besides, Finsbury Investments likewise affirmed that the bank made an illicit activity on 27th September 2012 when it issue a particular letter without making any application process and without educating Finsbury. In this letter, it was composed that Finsbury Investments have been released of shareholding. The occurrence unmistakably showed issue of campaigning wherein favors were given to Ody's with taking part in exploitative practices.
Because of this unscrupulous changes in the shareholding design, Finsbury Investments endured tremendous misfortunes. Ody's expanded their share capital of the hotel in an unlawful way and gave the offers to its own family members, also owners of the Ody’s Limited. Thus, Finsbury Investments didn't get injunctive by High Court. Because of the noteworthy monetary misfortune, Finsbury Investments had to close a considerable lot of its projects and suspend its continuous ventures. A portion of these tasks included building cutting-edge clinical office, residential venture, retail banking undertaking and Premier Health Clinic at Lusaka. Finsbury Investments likewise claimed that because of this negative exposure, the business and future development chances of the organization has been seriously affected.