Exclusive: Documents Reveal Erik Prince's $10 Billion Plan to Make Weapons and Create a Private Army in Ukraine
Documents obtained exclusively by TIME reveal the American businessman's ambitious plans to take over Ukraine's military industry.Link: https://time.com/6076035/erik-prince-ukraine-private-army/
At least one of Prince’s offers to Ukraine appeared to be in line with U.S. geopolitical interests. As the Wall Street Journal first reported in Nov. 2019, Prince has been competing against a Chinese firm to buy a Ukrainian factory called Motor Sich, which produces advanced aircraft engines. China sought those engines to develop its air force. The U.S., concerned about the rapid growth of the Chinese military, has long urged Ukraine not to complete the sale. Prince emerged as the American alternative, offering to save the factory from China’s clutches.