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Posted by kpete in General Discussion (1/22-2007 thru 12/14/2010)
Tue Jun 15th 2010, 02:08 PM
Blackwater’s Prince Moving to the Emirates?

By Scott Horton

Jeremy Scahill reports that the reclusive Blackwater owner, Erik Prince, has travel plans on his horizon.

Sources close to Blackwater and its secretive owner Erik Prince claim that the embattled head of the world’s most infamous mercenary firm is planning to move to the United Arab Emirates (UAE). The Middle Eastern nation, a major hub for the US war industry, has no extradition treaty with the United States. In April, five of Prince’s top deputies were hit with a 15-count indictment by a federal Grand Jury on conspiracy, weapons and obstruction of justice charges. Among those indicted were Prince’s longtime number two man, former Blackwater president Gary Jackson, former vice presidents William Matthews and Ana Bundy, and Prince’s former legal counsel Andrew Howell.


The Blackwater/Erik Prince saga took yet another dramatic turn last week, when Prince abruptly announced that he was putting his company up for sale. While Prince has not personally been charged with any crimes, federal investigators and several Congressional committees clearly have his company and inner circle in their sights. The Nation learned of Prince’s alleged plans to move to the UAE from three separate sources. One Blackwater source told The Nation that Prince intends to sell his company quickly, saying the “sale is going to be a fast move within a couple of months.”

The report of a move to Dubai makes a lot of sense in context. Prince may be trying to liquidate major holdings so he can move his money offshore, too, in advance of possible claims by victims of Blackwater violence. I discuss the legal issues, including extradition, deeper into Scahill’s article.

.............

more:
http://harpers.org/archive/2010/06/hbc-900...
http://www.thenation.com/blog/blackwaters-...
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kpete
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Freedom in Love Series
You can reach my art gallery at http://www.kpetestudio.com


I long for meaningful discussion of our shared values as Americans; I fear only the sound of silence. In the spirit of progressive hope, and while honoring tradition, I poured out my life, heart and soul into the hope of showing the spark of democracy within the paint. I submit my deep longing for the fireworks of a greater democratic deliberation, one that serves us all, as the hoped for result of the sparks in "Freedom in Love."

kpete

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