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Former Finance Bank board Chairman, Rajan Mahtani has been admitted to the local private clinic after suffering a suspected cardiac arrest.
The embattled Zambian businessman is alleged to have suffered a heart attack on the night of Friday, 29th July 2011.
Dr Mahtani was then rushed to the Care For Business –CFB- clinic where he is currently under observation.
The former Finance Bank board Chairman is currently embattled, facing several court cases, some of which relate to his business empire.
Among the court cases which Dr Mahtani is facing is a charge of forgery, together with his Management Secretary, Parvathi Nachimuthu and Corporate Administrator, Chisha Mutale.
The trio, are alleged to have fraudulently acquired 58 percent shares in a local cement producing company, Zambezi Portland, which they are alleged to have registered with the patents and companies registration agency.
He has also been sued by his former legal counsel, Zahedah Essah for defamation of character over an article published in a local daily paper under the headline DEC arrests, charges Mahtani with forgery.
Dr Mahtani is also facing five charges of forgery, uttering a false document and fabricating evidence contrary to the Laws of Zambia, together with his lawyer, John Sangwa.
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