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Sino Agro in court as decrepit state of shrimp ‘megafarm’ revealed

US-based shareholders in Sino Agro Foods, the company behind the shrimp 'megafarm' in south China, are seeking to wrestle control of the firm from its CEO

By Louis Harkell | Sept. 23, 2020 10:17 BST
Inside Sino Agro's megafarm in Zhongshan, China, in 2017. Credit: Undercurrent News
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The founder of a Chinese "megafarm" who aimed to grow more shrimp on 600 acres than the entire nation of Thailand does in a year is poised to agree to give up some control over his firm after being accused of "gross mismanagement" and "fraud", US court records show [...]

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