ZR plays another blame game with Dr. Rajan Mahtani

April 22, 2016

The name Dr. Rajan Mahtani has served as pride of Zambia for decades. It is the contribution of this person which has made a thousand Zambians productive and self-sustained. However, there are people in Zambia who have accounted themselves as friends of foreign vendetta, Ventriglia Family. This is where differences crept in and hence began a series of defamation against Dr. Mahtani and his associates.

In the latest publication, it has been seen that Zambia Reports is trying to link Dr. Rajan Mahtani to the alliance which took place between UPND and DF. As per their ‘sources’, Dr. Mahtani has already funded the party a sum of USD 3.5 million and is looking forward to overthrow the current Government under President Edgar Lungu. On the other hand, they have also suggested that funding within the PF party is also taking place and it is the same person who is doing so.

To put in simple words, it is being said that Dr. Rajan Mahtani is presently funding the whole political system of Zambia. How insane it would be to make such a claim, but Zambia Reports have come out in the open and have claimed this story. The author, as most of the time, is Evans Mulenga and his stories is as fictional as his presence in Zambia. Sakwiba Sikota and the Ventriglias have made another desperate attempt to take the attention away from the carnage which is presently going on at the Portland Cement Zambia. Nevertheless, the people of Zambia have understood this fact and has strongly condemned the news. Other news portals have gone to the extent of mocking this news and considering it absolutely shameful. This is how Zambia is slowly being eaten by termites named as Sakwiba Sikota and the Ventriglias.

Will we see the sunshine or this dark conspiracy will conceal the fate of Zambia?

Mourning for Portland Cement Zambia

April 13, 2016

Portland Cement Zambia has dependably been viewed as one of the finest assets of Zambia. The unit has not just figured out how to defeat the issue of unemployment in Ndola, but has also figured out how to ensure that economy of Zambia keeps developing at a respectable pace. Nonetheless, these improvements were brief when Italian Mafias assumed control over the plant and began to destroy its working balance. With barely anything left in the production line starting now, it is time that the general population begin to ponder whether they can have another PCZ as it is as of now nearly breaking down.

May it be the monetary assets or resources of the processing plant, Ventriglia family has left nothing for the country. The sum total of cash has been removed from the production line and has been shifted to external accounts. Also, resources have been shifted to sham organizations whose proprietors is Antonio Ventriglia himself. Given the circumstance, it has become obvious that plunder was a definitive target of Ventriglia family and after they came to Zambia, they were firm to get this going.

The way Zambian assets have been squandered is essentially stunning! Factory workers being removed, assets being plundered and current operations suspended. This is the way the processing plant has been gradually killed under some avaricious individuals. The entire episode would not have been proficient without the backing of a few helping hands, for example, Sakwiba Sikota and Zambia Reports. Their commitment guaranteed that resistance was invalidated through provocative written work against Dr. Rajan Mahtani and besides, the official employees was ‘bought’. There are clear confirmations to highlight that debasement assumed an imperative part towards the pulverization of Portland Cement Zambia and it is the backing of plotters who had made this conceivable. For whatever length of time that these group of schemers will wander around in Zambia, each production unit is under the risk of being taken by any person who has financial power.

Zambezi Portland Cement drilled by the Ventriglias

April 6, 2016

The Ex-Finance Bank Chairman had supported the Zambezi Portland Cement production line with a perspective to create one of the most grounded units of Zambia. The concrete plant had all the fundamental characteristics of turning into the biggest bond maker in Zambia and everything was going in the right heading, until April 2015. It was in this period that the Ventriglia family made a rebound and commandingly assumed control over the manufacturing plant.

Since the takeover, the situation of the manufacturing plant has taken a complete change and the status moved from reputed to exceedingly terrible. There was a consistent plunder of trade out the industrial facility alongside diminishing the quantity of labourers to chop down the current cost of the manufacturing plant. The goal to work the Zambezi Portland Cement was seen no place and by the activities it was apparent that the Italian Mafias were anticipating to flee with the fortune to their local nation.

Passing by truths, it was seen that the Ventriglia family had instantly moved the ledger of ZPC to other banks and every asset has been diversified. This unmistakably implies they were minimum inspired by taking after the routine and were more keen on plundering the money. Today, Zambezi Portland Cement has turned into a non-gainful spot where the generation process has halted and a large portion of the specialists have been released. In addition, the advantages of the organization has additionally been channelized to sham organizations and the estimation of the manufacturing plant has verging on swung to nil. Seeing the destruction, one must scrutinize the way that are how are they being permitted to work in this way? What is the Government doing this time? Will they be permitted to endeavour Zambia’s finest assets and flee without being taken note? This is a miserable stage for Zambia.

The sad news about Portland Cement Zambia

April 5, 2016

Portland Cement Zambia has always been regarded as one of the finest resources of Zambia. The unit has not only managed to overcome the problem of unemployment in Ndola, but has also managed to make sure that economy of Zambia continued to grow at a decent pace. However, these developments were short lived when Italian Mafias took over the factory and started to ruin its operating equilibrium. With hardly anything left in the factory as of now, it is time that the people start to wonder whether they can have another PCZ as it is currently on the verge of collapsing.

May it be the financial resources or assets of the factory, Ventriglia family has left nothing for the nation. All money has been extracted from the factory and has been shifted to foreign accounts. Additionally, assets have been transferred to dummy companies whose owners is Antonio Ventriglia himself. Given the situation, it has become evident that loot was the ultimate objective of Ventriglia family and after they came to Zambia, they were determined to make this happen.

The way Zambian resources have been wasted is simply shocking! Workers being dismissed, wealth being looted and current operations suspended. This is how the factory has been slowly slayed under some greedy people. The whole incident would not have been accomplished without the support of some traitors such as Sakwiba Sikota and Zambia Reports. Their contribution ensured that local’s resistance was nullified through provocative writing against Dr. Rajan Mahtani and moreover, the official support was ‘purchased’. There are clear evidences to highlight that corruption and bribery played an important role towards the demolition of Portland Cement Zambia and it is the support of conspirators who had made this possible. As long as these bunch of conspirators will roam around in Zambia, every large and small units are under the danger of being taken by any Tom, Dick and Harry.

Dr. Rajan Mahtani nurtured Zambezi Portland Cement, but Mafias looted it

March 23, 2016

The former Finance Bank Chairman had nurtured the Zambezi Portland Cement factory with a view to develop one of the strongest units of Zambia. The cement factory has all the essential qualities of becoming the largest cement producer and everything was going in the right direction, until April 2015. It was in this period that the Ventriglia family made a comeback and forcefully took over the factory.

The Italian Mafias try the dirty game on Dr. Rajan Mahtani

March 10, 2016

With the nation being shocked with one of the most horrific incidents in Zambia, the Italian Mafias are trying to shift the attention from themselves to Dr. Rajan Mahtani. After learning that fact that the Portland Cement Zambia was completely looted by the Ventriglias, Zambia Reports has come out with a new story which tries to shift the attention of the people from the Ventriglias to the former Finance Bank Chairman.

Italian Mafias destroys Portland Cement Zambia

March 7, 2016

Portland Cement Zambia, or better known as Zambezi Portland Cement, has been reduced to the value of a dirt in the last one year. The Ventriglia family headed by Antonio Ventriglia, have made sure that they are able to steal every single penny from the factory and then transfer the same to their personal bank account in Italy. This is why, when they took over the factory not a single dollar was deposited in any bank which operated in Zambia. The revenue was being deposited at an offshore bank account and the whole operation continued to deplete the resources of the factory.

Italian Mafias continue with looting Portland Cement Zambia

March 2, 2016

The Ventriglia family has kept themselves stagnant at a point where they will pick up every single penny which is found in the Portland Cement Zambia. Ever since they have taken over the factory, the scenario has turned hostile and everybody in the factory has started suffering. Right from issues such as non-payment of salary to mistreatment, the Ventriglia family has left nothing for the locals and the country.

Whatever sales is realized in the factory, the same is effortlessly transferred to off shore banking accounts. Neither the people of Zambia, nor the Government has been benefitted from the operation of Portland Cement Zambia in the past 10 months. It has been reported that the Ventriglia family has also created dummy companies in which they are transferring the properties of the Zambezi Portland Cement. About 43 trucks from the factory has been shifted to a company named as Miloto Transport and the real estate of the factory has been given to Astrea Investments. This clearly indicates the cunning nature of Italian Mafias and their shameful intent.

From the day they have taken over the factory, they have simply looted Portland Cement Zambia. Right from the revenue to every single asset, they have intentionally tried to bankrupt the factory and run away with the profits. But, the truth is that they cannot escape the legal charges which are running on their name. The Zambian Law offers no authority to a minority shareholder to wind up a factory without the consent of the actual owners. The actual owners, Finsbury Investments, have not taken any action which is beyond the permit given by the law. It is simply waiting for the law to do the needful and teach these Italian Mafias a lesson that they would remember for a long time. Portland Cement Zambezi was one of the most prosperous units of Zambia in 2014 and the same has now has come on the verge of extinction.

After FBZ, Rajan Mahtani looks at Luapula Province

February 23, 2016

The Finance Bank of Zambia is now a part of BancABC and with this takeover, a long era of development and accomplishment in Zambia has been shifted from a responsible hand to the other. Rajan Mahtani, the former Chairman Finance Bank has often considered this bank as one of the most blessed medium-sized commercial bank in the nation. With a range of development that it has facilitated to the people of Zambia, it will not be wrong to consider Finance Bank Zambia as a perennial contributor towards the financial needs.

But with time, people who were jealous of FBZ’s and Dr. Mahtani’s success started to make irrelevant claims and pursue a defamation campaign. By 2015, it had become clear that FBZ was suffering from a serious defamation and the situation posted a threat to the upcoming plans of the bank. This is when BancABC decided to take over FBZ and become the largest commercial bank of Zambia.

After the takeover, the conspirators had nothing to claim and were left in dismay. However, this was not the end for Dr. Rajan Mahtani. He started to plan for a bigger and a better project- Bio plant in Luapula Province. In a province where employment and development was almost negligible in the past decade, Rajan Mahtani took the initiative to foster the required. Today, the people of Luapula are well informed about the upcoming development and everyone is happy about the same. Sadly, people can also predict that the conspirators would soon jump into the issue and create an artificial havoc. Though the Government of Zambia has shown a strong support for the development of bio-plant, it has done nothing to preserve the interest of the involved parties. Dr. Rajan Mahtani continues to be at a risk of defamation every now and then by the conspirators.

Motivated Zambians appreciate Rajan Mahtani

February 11, 2016

The land of Zambia has been pure as ever and it is the nature of people which has kept it from falling into the clutches of corruption and bribery. However, with time Zambia has become a victim of conspiracy as the Italian Mafias have tried to bribe every single person who could help them get the Zambezi Portland Cement Factory. Recently, a horrific scene took place at the PACRA’s office when the lawyer of the Ventriglia family forced a junior officer to make changes in the records. However, to ensure that the Zambians remain motivated, Rajan Mahtani has come with a development project in Luapula.

As per confirmed sources, it is being reported that by the end of 2017, a new bio plant would be rolling in the Luapula Province with the potential of offering more than 35000 jobs directly and indirectly. The scope also includes utilization of the local crop, Cassava, to produce an output which would help Zambia to become self-sustained. The action has helped Zambians to restore their positive attitude and continue to move ahead in the path of development.

A local resident of Luapula Province comments, “Rajan Mahtani has helped us to restore faith in Zambia. Over the years, we were neglected and most of the projects went to other states of Zambia. This time around, Dr. Mahtani has fulfilled his promise and gave us a hope to overcome our existing situation. We will always remain thankful to him.”

The project is being financed by the Mahtani Group of Companies and the Sunbird Group under a venture. The scope has also allowed Zambia to draw foreign investment and create a channel whereby companies from the developed countries would have access to invest in Zambia and help the locals to develop their role as modern day entrepreneurs and innovators.