It turns out that Eric Prince’s mercenary operations may be a part of a Chinese government intelligence operation:
The really important fact about Erik Prince that is not mentioned in The New York Times reporting that he has been using retired US and British spies, presumably human intelligence offers (HUMINTers), to teach James O’Keefe’s Project Veritas employees to be more effective is not that Prince founded and used to run Blackwater, nor that he’s Secretary of Education Betsy DeVoss’s brother, nor that he’s very close with the President and others in the administration and the reelection campaign. The really important fact is that Erik Prince’s Frontier Services Group, the company of military contractors that he runs, is owned by DVN Holdings, which would ultimately make Prince its chairman. DVN Holdings is owned by Hong Kong investor Johnson Ko Chun and the Chinese International Trust Investment Corporation (Citic), which is a People’s Republic of China (PRC) owned investment fund. Johnson Ko Chun is also on the board of directors of Cambridge Analytica’s spin off Emerdata Ltd along with Rebekah Mercer, her sister Jennifer, as well as former senior officials from Cambridge Analytica. Emerdata is also still tied to the former Cambridge Analytica’s parent firm SCL Group.
The important fact that everyone keeps missing is that Erik Prince’s operations are funded by the People’s Republic of China. He is now their asset. If he is involved with O’Keefe’s merry band of political ratfuckers, then he is only involved so long as Xi and the PRC want him to be. The same goes for Emerdata. And anything else that Prince involves himself with. Despite having a long history of looting his own companies and skimming from his investors and backers, such as the Crown Prince of the United Arab Emirates, Prince’s financial backing from the PRC state owned Chinese International Trust Investment Corporation means that he works for the PRC and does so only as long as he advances their interests.
I am so not surprised. Eric Prince and Blackwater, Xe, Academi have done more damage to the United States than almost any other entity connected to the US state security apparatus.
The idea that they are being backed by the PRC in order to subvert the United States makes perfect sense.