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.