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Big stink over R9bn Coega prawn farm

ZAMBIA - Scandal surrounds a R9-billion marine farming project in the Coega industrial development zone (IDZ). A fraud convict is one of its international business associates.

According to a Mail and Guardian investigation, the American company involved in the prawn­farming project, SeaArk Holdings, does not appear on the database of the United States Securities and Exchange Commission, the official US company register.

In 1995, SeaArk president David Wills was sacked as vice-president of one of the world's largest animal rights organisation, the Washington-based Humane Society of the US, after being accused of fraud and sexual harassment. In 1999, he was sentenced to six months in jail and fined $67 800 for embezzlement. Prosecutors alleged Wills used the money to enrich himself and gamble in Las Vegas.

Wills, who is is currently running the pilot in Coega, denied the allegations.
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