The Ventriglia family has crossed all the limits of shamefulness in their quest to grab the Zambezi Portland Cement Factory. Last week, a horrific incident took place at the Kitwe Office of PACRA when a lawyer named as Zacharia Muya forced a junior officer to make changes in the register of PACRA without any permission from the court.
Being a regulatory body, PACRA serves as a register for organization’s shareholding patterns and other information. Sakwiba Sikota, the loyal lawyer of the Ventriglias, did make an application in June 2015 to PACRA in respect of making changes within the shareholding pattern of the Zambezi Portland Cement Factory by replacing the name of Finsbury Investments with the Ventriglias. However, the same request was dismissed as PACRA required an order from the Court to make the same adjustments.
This where another lawyer for the Italian Mafias did the trick. Days later, Zacharia Muya wrote a similar letter which was once again addressed to PACRA and took the same to the Kitwe Office of PACRA without having it passed from the head office. A junior officer was approached and pressurized to make the necessary changes. Immediately after the changes were made, the Ventriglia family went around bragging the fact that they are now the actual owners of the Zambezi Portland Cement Factory.
The celebration was short-lived when PACRA learnt about this hideous act of crime and immediately the whole changes were reversed. Now, once again the actual owners of the Zambezi Portland Cement Factory is Finsbury Investments with a stake of 58%. Nevertheless, this act has left a lot to be considered as this is not the first time that the Ventriglia family has mocked the legal system of Zambia. It is time that a serious action is taken against the Italian Mafias and their associates.
