Bob Diamond’s firm had ‘sinister motives’ to break my deal

A Zambian tycoon has told a court that shamed banker Bob Diamond had ‘sinister motives’ for breaching an agreement to buy his company. Dr Rajan Mahtani, 75, founded the Finance Bank Zambia (FBZ) in 1986, and grew it over the next three decades into one of the most successful banks in the country. He agreed to a takeover by Diamond’s Atlas Mara company to secure the future of the bank, which had 73 branches and more than 1,100 employees. But…

This Content is for Members only

Please register or login to access it

Register