The Ng family, which traces its roots to Melaka but is now based in Hong Kong, is at odds with an array of international bankers seeking to recover some US$1.7bil (RM6.58bil) through exposure to China Fishery. At least one banker has lost his job. Others were reprimanded because of lapses in the due diligence process.
A COMPANY that learnt the trade of industrial fishing from its humble beginnings in Melaka is now at odds with a fleet of bankers stretching from Malaysia to Singapore and London on how best to resolve a massive US$1.7bil (RM6.58bil) debt problem.
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