Cuba sentences Canadian CEO to 15 years on financial charges

Sat Sep 27, 2014 7:42pm EDT
 
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HAVANA (Reuters) - A Cuban court has sentenced Canadian executive Cy Tokmakjian to 15 years in prison for bribery and other economic charges in a chilling development for potential foreign investors, his company, the Tokmakjian Group, said on Saturday.

Two aides received sentences of 12 and 8 years and Cuba seized about $100 million worth of the company's assets, the Ontario-based transportation firm said in a statement.

(Reporting by Daniel Trotta; Editing by Dan Grebler)