
On the hook: HK fishing conglomerate in trade finance fraud claim
Pacific Andes, once the world's biggest fish filleter, suspected by New York bankruptcy trustee of using cash raised to buy fish to fund $800 million takeover. The group denies the claim.

Troubled Pacific Andes International Holdings could find itself in even deeper water after a bankruptcy investigation "tentatively" concluded it used money raised for trade finance to fund a 2013 takeover.
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