South Sudan Hires Ex-Blackwater Chief to Restore War-Damaged Oil Facilities

By Ilya Gridneff Dec 18, 2014 2:19 PM GMT+0100
Photographer: Andrew Harrer/Bloomberg

Erik Prince ran Blackwater from 1997 to 2010, when the company earned an estimated $1… Read More

The former head of U.S. security company Blackwater USA, Erik Prince, was hired by South Sudan to help repair damaged oil facilities and boost output cut by a year of civil war.

Prince’s Frontier Services Group Ltd. (500), a Hong Kong-listed logistics and transportation company, is being paid 18.7 million euros ($23.3 million) by South Sudan’s Ministry of Petroleum to transport supplies and perform maintenance on production facilities at the oil fields, Chief Executive Officer Gregg Smith said by phone from New York yesterday. About 30 employees including pilots, engineers and logistics technicians have been using helicopters and airplanes to reach South Sudan’s oil fields since September, Smith said.

“This is not supporting the army,” Smith said. “The contract is clearly with the Ministry of Petroleum and Mining to support the oil field services and to make sure the production of oil keeps flowing.” Continue reading

Watch a pirated film and fund terrorism

Vanita Kohli-Khandekar / New Delhi April 23, 2010, 0:29 IST

It is a damning report. The New York-based Rand Corporation’s 182-page report, ‘Film piracy, organized crime and terrorism’ essentially says film piracy is increasingly becoming a way to finance terrorism. It draws examples from North America, China, Spain, Italy, Hong Kong, and India, among other countries, to show that from being a side business for organised crime syndicates, piracy has moved to being a revenue stream for terrorist outfits. They use the same network that smuggles arms, et al, to smuggle stolen films and entertainment products. It is safer than drugs and offers better margins. Continue reading