XN000022-1988-01-27 — Page 5

WEDNESDAY, JANUARY 27, 1988

THE

EARNINGS SURPLUS

WERE SPENT ON

IN EDUCATION,

FISHERMEN FOR

OF THIS ORGANISATION OF THE FISHING POPULATION PROMOTING THE WELL-BEING HEALTH AND WELFARE SERVICES, AND ON GRANTING LOANS TO PRODUCTIVE PURPOSES, SUCH AS MODERNISING THEIR VESSELS AND NAVIGATIONAL AND ELECTRONIC EQUIPMENT TO BOOST FISHING CAPABILITIES.

HOWEVER,

ILLEGAL WHOLESALING

OF MARINE

FISH,

INSTALLING

OFTEN

MASTERMINDED BY CRIMINAL OR TRIAD ELEMENTS, AND GONE ON FOR MANY YEARS AND HAD BECOME WORSE RECENTLY.

STIPULATED

PLACES WAS HIGH PRICES,

AT MEDIUM TO OF ABOUT $24 MILLION TO THE FISH

FISH SOLD ILLEGALLY OUTSIDE THE ESTIMATED TO BE 40,000 TONNES LAST YEAR RESULTING IN A LOSS OF REVENUE MARKETING ORGANISATION, MR WONG SAID.

ΤΟ THE ORGANISATION FOR THE RESULT WAS THAT FUNDS AVAILABLE

WELFARE SERVICES AND FOR PROVIDING EDUCATIONAL, HEALTH AND

MAKING FISHERMEN WERE VICTIMS LOANS WERE THUS CONSIDERABLY REDUCED AND THE OF SUCH ILLICIT TRADING.

"IN ADDITION, THE GENERAL CONSUMERS OF SEAFOOD HAVE TO PAY INFLATED AND MARKED-UP PRICES, DUE TO PROFITEERING ON THE PART OF SYNDICATES.".

UP

FOR

THE

WONG MR

SUGGESTED THAT THE GOVERNMENT STEP

PUBLICITY ARISING FROM TO EDUCATE FISHERMEN ABOUT THE UNDESIRABLE IMPLICATIONS WHOLESALE MARKETING OF THEIR CATCHES OUTSIDE

FISH THE DESIGNATED

ELEMENTS FOR MARKETS AND FROM THEIR COLLUSION WITH CRIMINAL OR TRIAD APPARENT, SHORT-TERM ADVANTAGES,

BY FISHERMEN FOR AND REPAYMENT TERMS TO THE FISHERMEN

FOR THE SYNDICATES

FINANCIAL

"SECONDLY, APPLICATION PROCEDURES FOR LOANS PRODUCTION REASONS SHOULD BE FURTHER SIMPLIFIED

EASIER, BE MADE

SO AS TO THEIR RELIANCE AWAY FROM

SHOULD

DIVERT

"

ASSISTANCE, HE SAID.

ENCOURAGE

OPERATIONAL PROCEDURES AND FURTHER

FISH MARKETS WOULD ALL POSSIBLE

THAT THE EXISTING WHOLESALE

ΤΟ ELIMINATE

MR WONG HOPED MANAGEMENT OF THE STREAMLINED IN A BID LOOPHOLES FOR SYNDICATED MALPRACTICES.

OPPORTUNITIES

JUDICIARY WOULD UNDERSTAND

HE ALSO HOPED THAT THE BACKGROUND OF THE BILL AND WOULD TAKE THE MAXIMUM OFFENCES UNDER THE ORDINANCE INTO CONSIDERATION ON CONVICTED OFFENDERS.

BE

AND

THE

FINES FOR VARIOUS WHEN IMPOSING FINES

PRESENTED BY HIM HON HO KAM-FAI TO ILLNESS; AND THAT HR

FINALLY, MR WONG POINTED OUT THAT THE VIEWS ON THE SUBJECT HAD IN FACT BEEN PUT TO HIM BY DR THE WHO WAS ABSENT FROM THE MEETING TODAY DUE AGREED WITH THESE VIEWS.

THE AND

HON PIERS

FISHERIES,

ARRANGE THE

APPROPRIATE

FISH

WINDING UP THE DEBATE, THE FINANCIAL SECRETARY, JACOBS, SAID HE WOULD ASK THE DIRECTOR OF AGRICULTURE IN HIS CAPACITY AS THE DIRECTOR OF MARKETING, TO PUBLICITY AND TO

REVIEW THE PRECEDURES UNDER ORDINANCE IN THE LIGHT OF MR WONG'S SUGGESTIONS.

MARKETING

15