Recognizing that the statements made were unfortunate and caused Dr Rajan Mahtani, Finsbury, FBZ and its officers a significant amount of embarrassment and distress, he wished to withdraw all the allegations that were made to the different Zambian authorities and expressed his grief for making such false statements in this letter. This letter has been written to put closure to all the challenges.
Hotellier Limited has promised not to make or lodge any complaints, allegations or statements relating to the issues on the transactions involving Ody’s Works Limited, Hotellier Limited, Flame Procurement and Promotions Limited, FBZ, Rajan Mahtani and Finsbury Investments. The MD mentioned in his letter that he regrets for the harm he has done to the reputation of Dr Rajan Mahtani and his associates.
Here is the apology letter. Have a look at it.