italians mafias takeover portland cement zambia

ITALIAN MAFIAS TAKEOVER PORTLAND CEMENT ZAMBIA

The news has come as a shock for most of the people in Zambia and worldwide

Once the Ventriglia family was able to get to the management seat, there was a widespread of loot. Right from factory cash box to free cement distribution for the loyalist. Sakwiba Sikota (lawyer for the Ventriglia) took cement from the factory at free of cost for build his own mansion.

Italians Mafias, the Ventriglias, steal every single penny from the factory.

Antonio Ventriglia and his family indirectly owned and managed the whole property of the factory.

The Government of Zambia has paid no more attention on this matter, they simply ignore this.

Once the Ventriglia family was able to get to the management seat, there was a widespread of loot. Right from factory cash box to free cement distribution for the loyalist. Sakwiba Sikota (lawyer for the Ventriglias) took cement from the factory at free of cost to build his own mansion.

Ventriglias took over all cash from Zambezi Portland Cement factory but not a single dollar was deposited in any bank in Zambia.

Italian Mafias created dummy companies

Apart from the cement loot, the conspirators also created dummy companies to transfer the assets of the Portland Cement Zambia factory to themselves.

Ventriglia family is making last minute deals and are trying to sell-off the Portland Cement Zambia without obtaining a prior permission from the Court or its legitimate owners.

The next step of the Ventriglia family is to file a petition for winding up and move to their native place.