Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • International
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • International
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
  • Latest
  • Business
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
Canadian businessman on trial for corruption in Cuba
Canadian businessman Sarkis Yacoubian (centre) goes to courtfor the start of a corruption trial in Havana, Cuba yesterday.(PHOTO: AP)
Business
May 23, 2013

Canadian businessman on trial for corruption in Cuba

A Canadian businessman caught up in a corruption probe in Cuba apparently went on trial yesterday, nearly two years after he was detained and his import company, Tri-Star Caribbean, was shuttered.

Sarkis Yacoubian arrived at an Interior Ministry courthouse in Havana in a black sedan with tinted windows, and was seen being escorted inside by two men.

He did not speak to reporters, nor did Canadian Ambassador Matthew Levin, who also attended the proceedings. Foreign journalists were not allowed access to the court, and government officials did not immediately respond to a request for comment.

President Raul Castro has repeatedly spoken of a need to root out entrenched corruption on this Communist-run island, and his anti-graft drive has swept up foreign business executives from at least five nations, as well as government officials and dozens of Cuban employees at key state-run companies.

The Toronto Star and El Nuevo Herald reported last week that Yacoubian was indicted last month on charges of bribery, tax evasion and “activities damaging to the economy”. He reportedly faces up to 12 years in prison.

In a phone interview from jail, he said he had no choice but to pay island officials to secure business contracts, and claimed to have blown the whistle on corruption involving Tri-Star and other companies.

“They found out this was an epidemic going all over the place and I was the fall guy,” Yacoubian was quoted as saying by the Star and El Nuevo Herald, the Miami Herald’s Spanish-language sister newspaper. “They want to give an example to the rest of the businessmen. They want to scare them to death.”

Another Canadian businessman, Cy Tokmakjian, president of the Tokmakjian Group, which was raided and closed down in September 2011, is also awaiting trial, as is a Briton who headed the investment firm Coral Capital Group.

In late April, Havana announced that the Tokmakjian Group’s operating licence had been rescinded due to unspecified actions “that are contrary to the principles and ethics that should characterise commercial activity and contravene Cuban judicial order”.

Other acknowledged or rumoured corruption probes have targeted food distributor Rio Zaza, run by a Chilean man who was close to former President Fidel Castro; Cuba’s civil aviation authority; cigar manufacturer Habanos SA, and state telecom Etecsa.

More than 150 foreign businesspeople and scores of small South American and European companies have been kicked out of the country.

Yesterday’s court proceedings took place at the same converted mansion where US government subcontractor Alan Gross was sentenced to 15 years for crimes against the state after he was caught bringing restricted communications equipment into the island and setting up unauthorised Internet networks.

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Prosecutors focus on pattern of violence as Sean Combs trial continues
Entertainment, International News, Latest News
Prosecutors focus on pattern of violence as Sean Combs trial continues
May 19, 2025
NEW YORK, United States (AFP)— Prosecutors trying the case of Sean "Diddy" Combs on Monday began questioning witnesses to his alleged pattern of viole...
{"jamaica-observer":"Jamaica Observer"}
World’s largest floating book fair to return to Jamaica
Entertainment, Latest News
World’s largest floating book fair to return to Jamaica
May 19, 2025
KINGSTON, Jamaica — Logos Hope, the world’s largest floating book fair, is returning to Kingston and Montego Bay this summer. Back in Jamaica for the ...
{"jamaica-observer":"Jamaica Observer"}
Caribbean countries participating in a five-day disaster preparedness project
Latest News, Regional
Caribbean countries participating in a five-day disaster preparedness project
May 19, 2025
BRIDGETOWN, Barbados (CMC) — The European Union (EU) Ambassador to Barbados and the Eastern Caribbean, Malgorzata Wasilewska, on Monday welcomed a new...
{"jamaica-observer":"Jamaica Observer"}
Trump signs bill outlawing ‘revenge porn’
International News, Latest News
Trump signs bill outlawing ‘revenge porn’
May 19, 2025
Washington, United States (AFP)-US President Donald Trump signed a bill on Monday making it a federal crime to post "revenge porn" -- whether it is re...
{"jamaica-observer":"Jamaica Observer"}
One of two defence lawyers completes summation in Mario Deane case
Latest News, News
One of two defence lawyers completes summation in Mario Deane case
May 19, 2025
WESTMORELAND, Jamaica — One of two defence lawyers in the trial of the three cops charged in the 2014 fatal beating of Mario Deane while in police cus...
{"jamaica-observer":"Jamaica Observer"}
Latest News, News
‘No parachute candidate’: Supporters of JLP’s Seiveright protest amid St Andrew NC rift
May 19, 2025
Supporters of Delano Seiveright in St Andrew North Central staged a protest Monday to express their displeasure with the Jamaica Labour Party’s handli...
{"jamaica-observer":"Jamaica Observer"}
Trump targets Beyonce in rant about endorsing Kamala Harris
International News, Latest News
Trump targets Beyonce in rant about endorsing Kamala Harris
May 19, 2025
Washington, United States (AFP)-US President Donald Trump said Monday in a rant-filled diatribe about celebrities who backed Kamala Harris that pop di...
{"jamaica-observer":"Jamaica Observer"}
WATCH: Several businesses on Haining Road without electricity after truck tears down wires
Latest News, News
WATCH: Several businesses on Haining Road without electricity after truck tears down wires
May 19, 2025
KINGSTON, Jamaica- Businesses along Haining Road in St Andrew are now without power and internet after several electricity poles and wires were torn d...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct