The story goes on under the ad While many aspects of Hunter Biden’s financial deal with CEFC China Energy have been mentioned in the past and included in a Republican-led Senate report from 2020, a Washington Post review confirmed many of the key details and found additional documents showing Biden family interactions with Chinese executives. Over the course of 14 months, the Chinese energy group and its executives paid $ 4.8 million to entities controlled by Hunter Biden and his uncle, according to government records, court documents and recently leaked bank copies, as well as emails contained in a copy of a laptop hard drive that allegedly once belonged to Hunter Biden. The Post found no evidence that Joe Biden personally benefited or knew details of the deal with CEFC, which took place after he stepped down as vice president and before announcing his intentions to run for the White House in 2020. . But the new documents – which include a signed $ 1 million legal service copy, bank transfer-related emails and $ 3.8 million in consulting fees confirmed in new bank records and deals signed by Hunter Biden – depict them. ways in which the Family benefited from the relationships built during Joe Biden’s decades in public service. Hunter Biden’s work abroad has been the subject of increasing scrutiny. He was under federal investigation as part of an investigation into his taxes, with witnesses being summoned to a major court just last month. Federal prosecutors have been trying to determine whether he failed to account for revenue from China-related deals, The Post reported earlier, although it is unclear if this is still a focus. Republicans, meanwhile, have cited the Biden family’s business deals in China, along with Hunter Biden’s previous participation on the board of Ukrainian energy company Burisma, as potential conflicts of interest. The CEFC deal has become one of the most lucrative, albeit short-lived, foreign ventures known to Hunter Biden. The Post review is based in part on the analysis of a copy that is said to be on the hard drive a laptop that Hunter Biden allegedly left in a workshop in Delaware and never came to pick up. The laptop was handed over to the FBI in December 2019, according to documents examined by The Post, and a copy of the disk was obtained by Rudy Giuliani and other advisers to then-President Donald Trump, a few months before the 2020 election. After the New York Post began reporting on laptop content in October 2020, the Washington Post repeatedly asked Giuliani and Republican General Stephen K. Bannon for a copy of the pre-election review, but the requests were rejected or ignored. . In June 2021, copy was delivered to The Post by Jack Maxey, an activist who received a copy of Giuliani in 2020, at a time when Maxey was working with Stephen K. Bannon and his “War Room” podcast. The Post has investigated the custody chain, as well as the findings of forensic data analysis, in a separate story. The story goes on under the ad Biden’s aides and some former US intelligence officials have expressed concern that the device may have been tampered with by Russia to intervene in the campaign. In the Capitol, Democrats have rejected previous reports of Hunter Biden’s work in China as a credibility or as part of a Russian disinformation campaign. The Post analysis included forensic work by two outside experts who assessed the authenticity of several CEFC-related emails. In addition, The Post found that the financial documents in the copy of Hunter Biden’s alleged laptop matched documents found in other files, including recently leaked bank documents received by Iowa Sen. Charles E. Grassley, a senior of the Senate and judicial committees. The possible energy projects that Hunter Biden discussed with the CEFC were never completed. However, Hunter Biden-linked accounts received at least $ 3.79 million in payments from CEFC through advisory contracts, according to bank records and joint arrangements reviewed by The Post. Biden received an additional $ 1 million, which was issued as part of a deal to represent Patrick Ho, a CEFC official who would later be charged in the United States in connection with a multimillion-dollar plan to bribe leaders from Chad and Uganda. This retention agreement, in a recently unveiled document, contains the signatures of both Hunter Biden and Ho, who was later sentenced to three years in prison. Hunter Biden, who has a law degree, was not charged with wrongdoing in the plot and appeared to have little role to play in representing Ho in the federal case. Ho, through his lawyer in that case, declined to comment. Hunter Biden and his lawyer did not respond to many messages they left last week. The White House declined to comment, but said in a statement that Joe Biden “had never considered getting involved in business with his family or in any business abroad.”
Years of business search in China Hunter Biden’s relationship with the CEFC was rooted in a period of financial stress and turmoil for his family, according to Hunter Biden court records and accounts. The Bidens were horrified by the death of Hunter’s older brother, Bo, in May 2015, and Hunter was struggling with drug use. “I was in the vortex of addiction,” Hunter wrote in memoirs published last year. During the divorce proceedings with Kathleen’s wife, a court in the case described “outstanding debts [that] are shocking and overwhelming “, with the couple carrying credit cards with a ceiling, double mortgages on both properties they owned and a tax debt of $ 313,970. Three checks on their housekeeper had bounced off and owed money to medical providers and therapists, according to a February 2017 filing with the DC Supreme Court. A CEFC mediator initially contacted Hunter Biden in December 2015 to arrange a meeting between the then vice president’s son and Ye Jianming, the Chinese company founder and president, according to verified emails from a alleged laptop copy. guide reviewed by external experts for The Post. Vuk Jeremic, a Serbian politician who recently chaired the UN General Assembly, wrote an email to the younger Biden delivering a small private dinner in Washington with Ye – whom he called “one of the 10 richest Chinese businessmen.” – and Hunter wanted to attend. “He is young and dynamic, with the top connections in his country”, Jeremic wrote in the email of December 1, 2015. Hunter Biden was unable to attend the dinner, and Jeremic said in an email to The Post that while he knew the two men, he “did not participate in their mutual introduction.” and found out from media reports that the two had finally connected. The story goes on under the ad CEFC, a huge oil and gas company founded in 2002, was funded by government development banks and has ties to the Chinese Communist Party and the People’s Liberation Army, according to people who studied the company. Ye’s official biography states that he was once the deputy secretary of the China Association for International Friendship, an organization that a 2011 US congressional report called a “front” for the People’s Liberation Army. While the CEFC was’s seemingly private, Chinese economists say it is unlikely it would operate independently of the government. The Chinese embassy declined to comment on CEFC’s ties to the Chinese government or Hunter Biden’s involvement with the company. Shortly after Joe Biden left the presidency, Hunter Biden and Gee met for dinner in Miami. The two discussed business opportunities for the CEFC in the United States, including a $ 40 million joint venture to produce liquefied natural gas in Louisiana, according to a New Yorker report in July 2019 based on extensive interviews with Hunter Biden. This deal failed. But Ye Jianming was so pleased with his initial meeting with Hunter Biden that after dinner he sent a 2.8-carat diamond to Hunter Biden’s hotel room with a card thanking him for the conversation, according to the New Yorker. In the divorce proceedings, Hunter’s wife claimed that the diamond was worth $ 80,000. Hunter Biden told the New Yorker that the value was closer to $ 10,000, that he gave the diamond to his associates and that he did not know what they did with it. In the summer of 2017, Hunter Biden received a request from Ye that would foreshadow subsequent problems for the CEFC. Ye said a top CEFC associate, Patrick Ho, may be under investigation by U.S. law enforcement and sought help from Hunter Biden. Hunter Biden told the New Yorker that he had agreed to represent Ho and try to figure out if he was in control of law enforcement. The execution of the largest consulting The agreement between Hunter Biden and CEFC was quickly reached in early August 2017. The contract, signed on August 2, 2017, stated that Hunter Biden would receive a $ 500,000 lump sum and then receive a monthly stipend of $ 100,000, with his uncle James Biden receiving $ 65,000 a month. An unsigned copy of the agreement was found on the alleged hard drive of Hunter Biden’s laptop. A signed copy was included with bank records provided to Grassley and reviewed by The Post. Under the 26-page agreement, they agreed to jointly invest in a company called Hudson West III LLC. The money began to flow almost immediately, with the first $ 5 million incoming cable arriving on August 8, 2017, according to documents found on a copy of Hunter Biden’s laptop and confirmed by identical bank statements received by Grassley’s office. Cathay Bank on behalf of Hunter Biden and CEFC …
