PACRA says investigating criminal attempt to alter Zambezi Portland records

The Patents and Companies Registration Agency (PACRA) says it has commenced investigations on the attempt to tamper and alter shareholders details of Zambezi Portland Cement.

In a pure criminal move and in total disregard of the court processes the Ventriglias family who are minority shareholders in ZPC last week caused (bribed)  a junior officer at PACRA at its Kitwe office to alter the company register of ZPC at PACRA without any Court Order. See here 

PACRA Public Relations Officer Vaida Njovu has expressed concern over the attempted changes in the shareholding structure and directorship of Zambezi Portland Cement Limited at PACRA.

Ms Njovu said records at PACRA show that there is a dispute over the shareholding and directorship in Zambezi Portland Cement Limited which is before the courts of law.

She explained that PACRA in such circumstances does not process any applications to alter records relating to shareholding or directorship until the final determination of the matter in the courts of law.

Ms Njovu stated that management is investigating circumstances that could have led to the reported alteration of records relating to Zambezi Portland Cement Limited in the absence of an explicit court order.

She said in a statement availed to ZANIS that the alteration has since been reversed.

MS. Njovu has since advised parties to the matter which is before the courts of law to desist from dragging the institution into dispute by making attempts at altering the records while the matter is still subject to court proceedings.

PACRA head office later reversed the criminal activity. See here

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