Often it has been witnessed that there are cases of rags (poor) becoming rich. However, this time around in Africa, there is a unique case where a flourishing factory has gone from being rich to rags. Though most of the people are finding it difficult to accept this fact, but YES! This is true that Portland Cement Zambia has run into losses following the operation of the Italian Mafias (the Ventriglias).
It has been only six months, ever since the Portland Cement Zambia is being managed by the Ventriglia family. Within this time period they have not only managed to disrupt the prevailing harmony within the factory, but have mismanaged the operations in such a manner that a factory whose potential was to generate USD 5 million on a monthly basis has run into losses.
The infamous tampering of records for Portland Cement Zambia
A lawyer of the Ventriglia family in September 2015 did something so shameful that the event has left the whole nation shocked. The lawyer tried to force changes in PACRA’s record without considering the obliging with Court’s consent. As soon as the changes were forced, Zambia Reports came out blazing that Dr. Rajan Mahtani was no longer a part of Portland Cement Zambia. Later, when PACRA learnt about this nuisance, the changes were immediately rectified.
With activities such as worker ill-treatment, fund mismanagement and bribery increasing at a rapid pace within the premise of Portland Cement Zambia, it is obvious that the factory would face serious harm. The interest of the Ventriglia family is only restricted to withdrawing funds from the factory and transferring the same to off-shore bank accounts. This is why they were previously deported from Africa in 2012. However, their deportation orders were lifted in 2015 after the death of former President Michael Sata, under mysterious circumstances.