Portland Cement Zambia to shut down soon

With outrageous attacks on Dr. Rajan Mahtani through funded news portals, it had become absolutely necessary for the Finance Bank Chairman to give a proper reply to the Ventriglia family and their funded organizations. On Friday, May 22 2015, Dr. Rajan Mahtani on behalf of Finsbury Investments filed a petition to the Lusaka High Court for winding up Portland Cement Zambia as it was ‘just and equitable’.

The petition gave an insight as to how the operations at the ZPC were being conducted after the Ventriglia took over the management of the factory by force in April 2015. A major concern was in respect of the employees who are currently at the mercy of Italian Mafia. Confirmed reports have suggested that the employees were not given the salary for the month of April and were asked to recover the same from the Finance Bank Chairman, Dr. Rajan Mahtani.

With the growing level of conspiracy, it was obvious that Dr. Mahtani had to take a step which would settle this long episode of lies once and for all. Nevertheless, conspiracies still continue to grow as Lusaka Times recently published an article contradicting the move made by Dr. Mahtani by stating that a Dr. Rajan Mahtani has no right to wind up a factory because he is not the actual owner. Attached below is a copy of the petition and PACRA’s record which states that Finsbury Investments is the actual owners of the Zambezi Portland Cement Factory.

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