22 August 2012

CUBA / CANADA : Castro's Court Convicts 12 For Corruption.

http://www.reuters.com/article/2012/08/21/us-cuba-corruption-nickel-idUSBRE87K0YG20120821

   President Raul Castro's campaign to root out governmental corruption...netted 12 top officials.
     3 ex-ministers and 9 nickel industry execs were sentenced to long prison terms...between 6-12 years.
     Nickel is Cuba's 3rd largest source of hard currency...with 30% of the world's reserves...and also holds 10% of the world's cobalt.
     Several foreign companies on the isla have been shuttered from corruption probes...with executives detained...and even jailed.