Argentina's Fisheries Secretariat imposed a 400.000 Euros fine, (the highest possible) and the seizure of the cargo, some 550.000 Euros, to Galicia's Pesquerias Marinenses following the arrest of trawler Playa Pesmar Uno which was caught operating in Argentina's EEZ, in early February. Read full article
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Disclaimer & comment rulesOver 300 tons of hake and squid, valued in some 550.000 Euros and they get fined 400,000 Euros with potential discounts?
Mar 03rd, 2018 - 01:50 am - Link - Report abuse -1No wonder they try the trick over and over--if they get caught from time to time they still make a kill.
On other news, Argentina president Mauricio Macri told parliamentarians that growth is happening.
That is what we did, he said. That invisible growth did happen.
His comment created a flurry of posts on social media. It's not everyday that a president pushes the limits of surrealism to new frontiers.
https://losandes.com.ar/article/view?slug=macri-hablo-de-crecimiento-invisible-y-desperto-una-ola-de-furia-en-las-redes
Mr. Massot
Mar 03rd, 2018 - 05:12 am - Link - Report abuse -1I'm with you with the potential discount, shouldn't be one, period.
But I don't think they are taking the stolen good for free either(I hope).
Reference the seized cargo of Playa Pesmar Uno, 337,7 tons of mostly hake and squid, which was valued in some 550.000 Euros, there are two options, either it is auctioned or the company can buy it back at an established price by Argentine authorities
The discount makes sense to get them to pay up without more trouble, but the fine should be higher in the first place. Even with the cargo seized as well as the fine, that's a good risk-to-reward ratio for the fishermen.
Mar 04th, 2018 - 09:17 pm - Link - Report abuse 0Time for the law makers to update that fine; they should set it to some multiple of the potential value of the cargo, to avoid problems with inflation later.
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