EDIT: Works for root, sudo is the problem. Read below.
I have a directory with my own libraries, e.g. my Python libraries are located at /home/name/lib/py
/home/name/lib/py
Another tip:
sudo echo $PYTHONPATH: /home/name/lib/py
It won't work. Shell will interpret it like this:
1) expand $PYTHONPATH from env variable for example: /usr/lib/python
2) execute "sudo echo /usr/lib/python"