Thursday, June 6, 2013

Canadian businessman goes on trial in Cuba

Cuba no place for business--

Canadian businessman goes on trial in Cuban corruption crackdown - Yahoo! News: " . . . The arrests . . . sent shockwaves through Cuba's small foreign business community where the companies involved were among the most visible players. Cuba's state-run media, however, has not yet reported the Yacoubian trial, nor mentioned the arrests and crackdown on foreign trade. . . . In October 2011, police also closed the Havana offices of the British investment and trading firm Coral Capital Group Ltd and arrested chief executive Amado Fakhre, a Lebanese-born British citizen. Two months later police raided the offices of the powerful military-run Tecnotex trading company, taking its Cuban chief executive Fernando Noy away in handcuffs. Coral Capital's chief operating officer, Stephen Purvis, was arrested in March 2012. Purvis is a British citizen. A number of other foreigners and Cubans who worked for the companies remain free but cannot leave the island because they are considered witnesses in the cases.. . ."
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