Dr. Mahtani & Zambia are mere audience for ZPC

The actions of the Ventriglia family has made it obvious that Zambezi Portland Cement has got nothing to do with entities like Finsbury Investments and Dr. Rajan Mahtani. Over the years, Dr. Mahtani & Zambia had nurtured Zambezi Portland Cement factory with their own efforts and continued to do so till 6th April 2015. On 7th April 2015, Zambia witnessed one of the most hostile takeover by the Mafias where the factory was invaded and the existing management was thrown out.

rajan-mahtani

Since then it has all about been spreading carnage in the Zambezi Portland Cement Factory. The revenue witnessed a serious downfall and the assets of the factory continued to get depleted. Within a matter of months, the situation went out of hand and the end result was that innocent workers of the factory were being discharged by the factory under the reasoning that there was lack of opportunities for the workers. Soon, the factory went into operating losses and in December 2015, Zambezi Portland Cement was forced to shut down its production.

However, in the meantime Ital Terrazzo Limited had figured out a good way to generate income form the factory. This time their new target were the existing assets of the factory which Dr. Mahtani & Zambia had been using to generate economic growth. About 43 trucks of the factory were first leased out to Miloto Transport, a company intentionally framed with a view to acquire the assets of the factory under the guidance of the Ventriglias and then Astrea Investments took shape, who now holds the fake title deeds of the factory. To sum up, one can regard that Dr. Mahtani & Zambia have become mere audience and are currently witnessing the carnage made by the Ventriglias as the Government has refused to aid them in the hour of need.