Experts Claim That Portland Cement Zambia Is On The Verge Of Collapse, Even After Final Verdict

The case of Portland Cement Zambia was started almost a decade back when Dr. Rajan Lekhraj Mahtani, a noted businessman and philanthropist, registered the case at the Lusaka High Court. Dr. Rajan Mahtani has claimed to be the real and legal owner of the factory and since its establishment, has been leading the factory. The fate of the Portland Cement Zambia has also seen numerous ups and downs with these changes.

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During the initial years when Dr. Rajan Mahtani was leading the company, the factory was a huge success. The factory production was surplus and it quickly became one of the biggest producers of cement factories in Zambia. Apart from this accomplishment, the factory quickly became a preferred industrial employer within the province. The above industry average salaries and wages attracted employees and workers from far off places. The contribution of the Portland cement on the country’s revenue and GDP was one of the biggest achievements of the factory.

However, the current condition of the factory can be considered as dangerous and on the verge of collapse. Since the illegal takeover and start of the case at the court, the factory is leaderless. As a result, the management activities are haywire with inconsistent production and irregular salary provisions for the employees and workers. The factory assets have started to corrode and the factory cash box is completely empty. Majority of the workers have started to leave the factory due to non-payment of wages and the revival of the factory is becoming distant dream every passing day.

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After ten years of trials, transfer of judges and numerous dramas, the final verdict was announced by the judge residing the case. However, relief to Dr. Mahtani was not given still as the final verdict was given against Dr. Mahtani, despite the evidences. Dr. Mahtani has appealed to the ‘higher court of appeal’ with the hope of reversing this misdirected judgment.

After Portland Cement Zambia, it’s now time for FBZ

There have been numerous stories around Portland Cement Zambia in the past and now the conspirators have turned their attention to Finance Bank Zambia. The conspirators are playing their cards with precision. They are taking up one entity at a time and then moving on to the other. The latest article in the defamation campaign of Dr. Rajan Mahtani talks about his involvement in the management of Finance Bank Zambia even though the same has been sold to BancABC in 2016. To say the least, this looks like another attack on the Executive Chairman of Mahtani Group of Companies.

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Time to shift attention away from Portland Cement Zambia

After making a publication for Portland Cement Zambia in December 2016, the conspirators quickly came under the firing line and hence, another article has been drafted by ZR. This time around the subject has been Dr. Rajan Mahtani. The latest article from Zambia Reports suggests that Dr. Rajan Mahtani is silently making the calls for Finance Bank Zambia even though the same has now merged with BancABC, an undertaking of Atlas Mara.

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Another year of struggle for Portland Cement Zambia?

The truth about Portland Cement Zambia is no longer hidden from the locals in Zambia. Irrespective of what Zambia Reports suggest, it is obvious that the factory is witnessing one of its worst phases. Time and over again the abusive nature of the Ventriglias has come into the limelight. It is not long ago when a news had surfaced that around 47 workers from the factory were removed on grounds of being redundant. Another headline that attracted attention was most of assets of Portland Cement Zambia were being now leased out to other companies. It was only few days later that people realized that the companies were indirectly owned by the Ventriglias themselves.

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What’s the inside story of Portland Cement Zambia?

The people of Zambia have been recently showered with a publication from Zambia Reports that Portland Cement Zambia has won the award for being the BEST EMPLOYER. Everything else considered, one can regard this is nothing more than a PR stunt that has the neck of Ventriglia family saved from consequences that was to follow. However, the ordeal is not yet over and there is a certainty regarding poor condition of Portland Cement Zambia.

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Portland Cement Zambia Mafias skip Court Sessions

The Portland Cement Zambia mafias, or more commonly known as the Ventriglia family, have been founding bunking court sessions where the fate of cement factory is yet to be decided. The conflict with respect to the ownership of PCZ has remained unresolved from the past decade as the Ventriglia family have been claiming that they have 100% ownership of the plant.

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Scripted stories about Portland Cement Zambia; bunking Court Sessions

When it comes to managing Portland Cement Zambia, it has all about been supressing the truth and promoting imaginative stories. Recently, when the Italian Mafias realized that they won’t be able to sustain the pressure of questions, they came up with a brilliant idea of self-promotion. They managed to create a story where Portland Cement Zambia has been declared as the best employer of the year. To make things better, they have also managed to defame Dr. Rajan Mahtani and show him as a conspirator who had failed to manage the plant in the past years.

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Portland Cement Zambia Mafias mislead people

The minority shareholders of the Portland Cement Zambia have been misleading people with all sorts of stories that have been scripted by Zambia Reports. Their latest publication on 30th November 2016, states that the cement plant in Zambia has just won an award for being the best employer. However, when it comes to handling the factory in the right way, everything has gone in the other direction.

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Disappointment for Portland Cement Zambia as Government fails to aid

Portland Cement Zambia, a factory that had seen better days is now at the mercy of a group of people who have never helped anybody without considering their personal profit. The current story shows how a group of dishonest people from Zambia and Italy have destroyed the lives of thousands of people and hundreds of families. This is the story of Portland Cement Zambia and the misery that hides within the walls!

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