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Fish Fraud Investigation in Tien Giang

Processing Economics +2 more

VIET NAM - Police in Tien Giang Province on Sunday said they would investigate the accusation of four farmers that a local company has refused to pay up after buying fish from them.

The farmers, from An Giang and Dong Thap provinces, said they had signed contracts between February 2008 and March 2009 to sell fish to Go Dang Company in Tien Giang Province’s My Tho Industrial Park, writes Hoang Phuong for Thanh Nien News.

However, the company has refused to pay them a total of VND1.843 billion (US$104,387), they allege.

The farmers were taken to the company to sign contracts by some dealers who later collected the fish at the ponds and delivered them to the company for a commission.

The farmers were promised payment later at the company’s office.

However, the company told the farmers it had bought fewer quantities of the fish than what they had sold to the dealers, and offered to pay accordingly.

Initial investigations have identified the dealers as Vo Anh Minh, Le Van Hai and Ho Ngoc Hung, all of An Giang Province, and two others identified only as Hien and Thanh.

These men have colluded with “someone else” to defraud the farmers, police said.

Police said the contracts did not specify the amount of fish to be sold, mentioning that this would be “recorded at the farm or at the company.”

Go Dang Company says it has sent an accountant to work with the police, adding they knew nothing about what the dealers have done, police said.