Millions Go Missing, Premier Fishing CEO Guilty of Negligence

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One of Premier Fishing's vessels, Southern Patriot. The company, which celebrated its 70th anniversary in 2022, was one of the first fishing companies in South Africa to welcome a black-based management team and ownership.

The CEO of Premier Fishing and Brands has been found guilty of negligence following an investigation into an unauthorised transfer of millions of Rands from the company’s bank account to an account of an unknown third party.

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