conglomerate

Sister of Cuban military conglomerate chief arrested in Florida, Rubio says

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The sister of the head of a company that is accused of having close ties to Cuban government operations has been arrested in Miami, Florida, federal authorities announced Thursday. Adys Lastres Morera, the sister of Ania Guillermina Lastres Morera — who is the executive president of Grupo de Administración Empresarial S.A., or GAESA — was … Read more

Rubio defends new US sanctions on Cuba, targeting military-run conglomerate GAESA

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HAVANA — U.S. Secretary of State Marco Rubio on Friday defended the Trump administration’s decision to slap new sanctions on Cuba, the largest of which is against Grupo de Administración Empresarial S.A., a business conglomerate operated by the Cuban Revolutionary Armed Forces. In addition to GAESA and its leader, the sanctions announced Thursday include Moa … Read more