The responsibility for Portland Cement Zambia has been a question which has stayed unanswered from past 10 years now. In any case, with some examination and attributes, it is not hard to locate the genuine owner of the cement production line. Actions talk louder than words and the same can be actualized here to discover reality!
To being with, we take Finsbury Investment, an association which has Dr. Rajan Mahtani has one of its center columns. Finsbury Investments had dealt with Portland Cement Zambia till March 2015 and amid this stage it was watched that the production line was going from quality to quality. In December 2014, a noteworthy turning point was accomplished when it was announced that PCZ has created an abundance of 100000 tons of concrete than its prefixed target. Unfortunately, the upbeat story was soon ruined by the other party, the Ventriglias.
The Ventriglias got their deportation lifted under secretive circumstances and made a rebound in 2015 after previous President of Zambia, Michael Sata, passed away. From that point onward, they have regarded the manufacturing plant cashbox as their own pocket and have made shocking withdrawal. The ledger of the manufacturing plant was instantly moved to some other country and all the cash was currently being leaked outside of Zambia. Inside of a matter of 8 months, the processing plant ceased its generation and a dominant part of the laborers were released. Today, the state of Portland Cement Zambia has turned out to be such that there is nothing left in it. In addition, the harm which the Ventriglias have brought on would require a huge investment to be restored.
Under such fact, what would one be able to make out? Who is the genuine proprietor of the Portland Cement Zambia? Is it the Ventriglias who have plundered the production line or is it Finsbury Investment, who sustained the processing plant to create Zambia’s greatest cement factory.