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  • Cuba frees jailed Canadian businessman

    Associated Press International
    February 8, 2014 Saturday 7:10 PM GMT


    Cuba frees jailed Canadian businessman

    by CHARMAINE NORONHA, Associated Press



    TORONTO (AP) - A Canadian businessman who served 2 1/2 years of a
    9-year prison sentence in Cuba for corruption has abruptly returned to
    Canada.

    Sarkis Yacoubian, president of Tri-Star Caribbean import company, said
    Saturday that he's extremely happy and excited to be home in Toronto.
    However, he says he is still adjusting after he was given only 24 to
    48 hours' notice before his release.

    Yacoubian was arrested in 2011 by Cuban authorities but only formally
    charged in April 2013 with bribery, tax evasion and "activities
    damaging to the economy." He said that because he was expelled from
    Cuba, he is not subject to transfer conditions that would require him
    to serve the rest of his sentence in Canada.

    "I can't discuss on what grounds I was expelled," said the 53-year-old
    Yacoubian. "When somebody goes to jail, most of them claim that they
    were innocent. It's not only the facts that support this for me, but
    official recognition that supports this," he said.

    "I'm still confused. They released me, 24-48 hours' notice, I still
    don't know exactly how this whole thing happened. I'm trying to figure
    out what happened, who had interest behind it, which were the
    organizations or companies that did what they did to me. So it's just
    48 hours. The decision, nobody knew that. They just said we're going
    to let you out," Yacoubian told The Associated Press from his mother's
    home in Toronto.

    He said that he is willing to share his story but wants to consult
    with his lawyers, who he said are currently on vacation, before he
    provides further details about what he calls a "very interesting,
    exciting story."

    "I want to be properly vindicated on the highest level once the facts
    are there. I've already been officially vindicated, but I just can't
    tell you how, but it'll come out in the next two weeks," he said.

    Yacoubian, who is Armenian, was born in Lebanon, where he studied
    international relations before coming to Montreal to earn his MBA at
    McGill University. He then ventured to Cuba, where he spent about 20
    years. There, he partnered with the Cuban government on multiple
    ventures.

    "(I developed) probably the third or fourth largest company (in Cuba).
    I started with $3,000 and that's where I got millions of dollars of
    credit from factories, and all my money was confiscated, so there's a
    story behind the story," he said.

    Two months after Yacoubian's arrest, authorities raided another
    Canadian-run company, the Tokmakjian Group, one of the largest foreign
    operations in Cuba. Cy Tokmaakjian, 73, was arrested September 2011.
    He remains in Cuba's La Condesa prison with no charges filed.

    Peter Kent, Tokmakjian's Member of Parliament, told The Toronto Star
    that Yacoubian's release had been expected, but that the news that he
    was back in Canada came as a relief.

    Kent said that his greater concern was for Tokmakjian, who has spent
    two years imprisoned and in frail health. Kent said that Canadian
    government representatives "have on a number of occasions asked the
    Cuban authorities to either take him to court, lay charges or release
    him. And that continues to be our position . . . and that hasn't
    happened."

    President Raul Castro has said that rooting out rampant corruption is
    one of the country's most important challenges.

    Dozens of Cuban government officials and state company executives have
    been imprisoned for graft, while more than 150 foreign businesspeople
    and scores of small foreign companies have been kicked out of the
    country.


    From: Baghdasarian
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