Browsing Tag

tuna

Illegal Fishing of Yellowfin Tuna Drains Somalia of $300 Million Each Year

Mogadishu (AX) — A startling revelation has emerged from ENACT Africa, an EU-initiated program focused on thwarting the scourge of transnational organized crime within the continent. The fresh data paints a grim picture, spotlighting how illicit fishing activities are wreaking havoc on Somalia's aquatic bounty, endangering the much-coveted yellowfin tuna, and unearthing glaring gaps in maritime management. It's a real fishy business, if you ask me! Could you imagine a more tantalizing prospect? Somalia, boasting the…

19 people tried in Mozambique tuna bond scandal

A trial has started for 19 suspects in Mozambique's "hidden debt" or "tuna bonds" scandal. The corruption case allegedly involved a tuna company, maritime security companies and more than $ 2 billion in loans. On Monday, South Africa promised to extradite the man who was then Mozambique's…

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