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Replies to post #63741 on Banro Corp. fka BAA
StockItOut
03/05/21 2:42 AM
#63742 RE: StockItOut #63741
Prince looked further afield and found a new vein of overseas wealth to tap in China. In 2012, Prince traveled to China to offer investors there an opportunity to bankroll African mining and energy projects. Chinese investors didn’t bite, but he came away with another deal: an offer to serve as chairman of Frontier Services Group, a Hong Kong-based company that’s backed in part by CITIC Group, a Chinese state conglomerate. The role, experts told The Washington Post, “puts [Prince] in the unsettling position of advancing the strategic agenda of the United States’ largest rival.”