31 Mar 2011

American Businessman Sentenced to 15 Years in Prison in Absentia in Kyrgyzstan

According to the Associated Press, A court has sentenced an American businessman to 15 years in jail in absentia for selling a fuel depot in Kyrgyzstan to a U.S. company at $3 million below the market rate.

The businessman, Eugene Gourevich, consulted the previous government under Kurmanbek Bakiyev and facilitated the sale of the fuel depot before Mr. Bakiyev was overthrown last year. It is believed that Mr. Bakiyev’s family profited from the sale of the fuel depot and the generally opaque deals with the U.S. air base strategically locagted in Kyrgyzstan, which is used as a transportation and refueling hub for the U.S. military in Afghanistan.

For the original story from the Associated Press, please click here.