American's imprisonment in Kazakhstan seen as political

Excerpt:
"An assessment in February by the Almaty office of the accounting firm PricewaterhouseCoopers and provided to The New York Times found that the equipment that Seidenfeld is accused of falsely listing on company books was located in the company's offices.

Seidenfeld, who speaks fluent Russian and has worked most of his career in the former Soviet Union, says his troubles began when, as chief executive, he insisted on an open auction to sell his company, a Kazakhstan subsidiary of Golden Telecom, an Internet and telecommunications company based in Moscow and listed on Nasdaq. Competitive bids forced Golden Telecom's sole Kazakhstan investor to raise his initial offer for the company by $5 million.

Nearly a dozen former employees at Golden Telecom involved with the sale say that Seidenfeld's insistence on the auction made him a target for retribution."

http://muslimuzbekistan.net/en/centralasia/featured/story.php?ID=10411

Alex

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