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Judgment: US taxpayers lost at least $1.7m on Mexican tuna farmer loan

Umami Sustainable Seafoods and World Business Capital may have cost US taxpayers close to $2 million by refusing to take repayment from tuna farmer Maricultura del Norte 

By Jason Smith | Aug. 2, 2017 19:07 BST
Former Icelandic Group Japan head now co-CEO of Kali Tuna
Bluefin tuna. Photo: InvernoDreaming
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Umami Sustainable Seafoods and a lender, World Business Capital (WBC), may have cost US taxpayers millions by refusing to take repayment from rival tuna farmer Maricultura del Norte (Marnor), a US judge wrote.  [...]

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