Government is again set to lose another multi- million project which has failed to bear the desired results of helping to diversify the economy of Selibe-Phikwe. Pula Steel and Casting Manufacturing which has been put under judicial management by its majority shareholder Citizen Entrepreneurship Development Agency (CEDA) is said to be up for sale. Information gathered by this publication has shown that CEDA management has recommended to the Board to liquidate the plant as it cannot sustain itself. Sources at CEDA have revealed they are compelled to sell the plant as it is not their mandate to run enterprises but rather to facilitate them. Judicial management Early this year Pula steel was placed under judicial management by the High Court and Vijay Kalyanaraman was appointed judicial manager. Kalyanaraman is expected to send report to High Court in August this year to show the exact status of the plant, showing its assets and liabilities and its debt obligations. The company is said to be heavily indebted and all its shareholders except CEDA are broke with BCL under provisional liquidation, thus compounding its financial situation. BCL which has been the major shareholder with 65% shares, lost its stake after it was diluted…