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Bankrupt Blue Wave Seafoods suspect of misusing taxpayers’ funded loan

The fish plant in southeastern Nova Scotia went insolvent after it received a controversial government loan on the eve of the provincial election

By Undercurrent News | Nov. 20, 2013 09:46 GMT
Bankrupt Blue Wave Seafoods suspect of misusing taxpayers' funded loan
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Blue Wave Seafoods of Port Mouton, a Canadian subsidiary of the South African wholesale trader, filed for bankruptcy protection, its balance sheet showing more than CAD 1.1 million in liabilities but no assets, CBC News reported. [...]

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