Blackwater founder's FSG buys stake in Chinese security school

Blackwater founder's FSG buys stake in Chinese security school

FILE PHOTO: Blackwater Chief Executive Erik Prince testifies before the House Oversight and Government Reform Committee on security contracting in Iraq and Afghanistan on Capitol Hill in Washington, October 2, 2007. REUTERS/Larry Downing

Hong Kong-listed Frontier Services Group (FSG), co-founded by former U.S. military services contractor Erik Prince, said it had acquired 25 percent of a Chinese security training facility, the company’s latest move to tap into China’s Belt and Road development plan.

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