Farmers again put up banners demanding debt for tra fish

December 25, 2013 15:57

On December 24, early in the morning, about 40 people came to Song Hau Food Processing Joint Stock Company (Sohafood), holding banners demanding debt for tra fish.

According to creditors, since November 23, when he took back the position of Sohafood Director from Ms. Tran Ngoc Suong, Mr. Nguyen Tan Thanh has not paid his debt as promised. Those who owe a lot of money, Mr. Le Huy Ha in Dong Thap province who owes 7 billion VND, Mr. Huynh Quang Khap in An Giang province who owes 6 billion VND, Mr. Cao Huu Sang in Can Tho city who owes 2.4 billion VND said that Sohafood has no good will to pay the debt. Mr. Sang said that many times Mr. Thanh "went around" explaining that the bank did not disburse to pay the debt.

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The total pangasius debt of 55 billion VND caused by Mr. Thanh was paid by Ms. Suong about 10 billion when she became director, from August 1. After that, taking back the position of director, Mr. Thanh announced that he would mortgage his personal assets of about 20-30 billion VND to borrow capital for Sohafood to operate, from then on, he would pay the debt of 3-5 billion VND per week until June 2014, and the pangasius debt would be gone. However, Ms. Suong said that since becoming director, Mr. Thanh could only bring assets worth about 2 billion VND for Sohafood to resume operations, unable to pay the debt.

On the afternoon of December 24, Mr. Thanh promised his creditors that he would find a way to pay off his debts in 2014./.

According to rural economy

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Farmers again put up banners demanding debt for tra fish
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