Posts Tagged ‘Amado Fakhre’

Cuba: Lie down with dogs…

Friday, November 18th, 2011

… end up in jail.

For those believing the lies about the Communist regime’s “easing”, read and learn:

Business in Cuba
A risky venture
Arrests of foreign businessmen reflect the cautious pace of reform

Most recently, on October 11th, Amado Fakhre, a British citizen and the head of Coral Capital, an investment fund, was woken at dawn and taken for questioning by state security agents. He has been held without charge ever since. His company owns Havana’s poshest hotel in partnership with the government, and hoped to win a $400m contract to build homes around a golf course. Its Havana office has been closed and declared a crime scene.

Two Canadian executives, Sarkis Yacoubian and Cy Tokmakjian, have met a similar fate. Their questioning has gone on for months, again without charge. Their companies imported cars (including the president’s fleet of BMWs) and machine parts destined for nickel mining.

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