Moneycontrol PRO
HomeNewsTrendsPakistani fisherman becomes overnight millionaire after selling rare fish

Pakistani fisherman becomes overnight millionaire after selling rare fish

A fisherman in Pakistan's Karachi city became a millionaire overnight after auctioning a haul of rare fish which has many medicinal properties.

November 11, 2023 / 07:30 IST
A Pakistani man has become an overnight millionaire by selling a rare fish (Representational image)

A fisherman in Pakistan's Karachi city became a millionaire overnight after auctioning a haul of rare fish which has many medicinal properties. Haji Baloch, who lives in the impoverished Ibrahim Hyderi fishing village, and his workers caught the fish known as golden fish or Sowa in the local dialect from the Arabian Sea on Monday.

The entire catch was sold for some 70 million rupees at the Karachi harbour on Friday morning when fishermen auctioned off their catch, Mubarak Khan of the Pakistan Fishermen Folk Forum said.

The Sowa fish is considered priceless and rare since substances from its belly are said to have great healing and medicinal properties. A thread-like substance from the fish is also used in surgical procedures.

One fish fetches around 7 million rupees in the auction, Baloch said. The fish, which often weighs between 20 to 40 kgs and can grow up to 1.5 meters, is much sought after in East Asian countries.

More importantly, the Sowa also holds cultural and traditional significance, finding its use in traditional medicines and local cuisine. “We were fishing in the open sea of Karachi...when we came across this huge cache of golden fish, and it was a windfall for us,” he said.

Haji said he would share the money with his crew of seven people. The fish comes near the coast only during breeding season.

PTI
first published: Nov 11, 2023 07:30 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347