Tag Archives: Hout Bay Fishing Industries

Freeze on illegal lobster magnate’s multi-millions

The Royal Court has decided to maintain a freeze on the assets of Arnold Bengis, who admitted his involvement in a conspiracy to land huge amounts of the prized shellfish in excess of permitted quotas between 1999 until 2001. The illegally caught lobster were shipped to the US.  The court was asked to rule on whether Bengis could have access to more than $23 million, which formed part of the $37.2 million [£26.4 million] which had been the subject of a forfeiture order. An appeal against the order was launched by a Lichtenstein-based trust company. >click to read<15:06