As we are digging deep into the affairs of Portland Cement Zambia, facts and statements are continuing to shock us. In a statement which was presented to the High Court on April 2008, there were numerous sections that presented a gleam view over the attitude of the conspirators. It has been clearly mentioned in the document that Ital Terrazzo Limited will be getting a 42% share of the PCZ and the Financier, Finsbury Investments would be getting 58% share.
Apart from this confirmation, we also got to learn that how Mahtani and Ventriglias family were good friends in the past. However, it is the greed of the later which disrupted this friendship and converted it into a war for power. As an owner, Finsbury Investment did everything that it could possibly do ensure that Zambia gets one of its finest resources. The development built a path whereby the company was able to achieve remarkable profits in the year 2014-15, but soon the Ventriglias came in and started to show their true colors.
Within a matter of months, the factory has now been reduced to dirt. To be precise, it was 7th April 2015 when the Ventriglia family took over the premise and within a matter of a year, the plant has stopped its production is looking towards its sudden death. Dr. Mahtani and Finance Bank were betrayed and moreover, it was the common men who have become the worst sufferers. It doesn’t matter if you are making an income in millions and missing out a few, but it is really concern when poor men are deprived off their salary and are unable to feed their family. Zambia does not lacks potential, but it lacks people who would stand up against the conspirators and throw them out of the nation forever.
Official Document– http://goo.gl/F4pVeh