Tuesday, October 1, 2019

Hunter Biden tied to China firm with questionable dealings

A high-ranking Chinese businessman was charged by the Justice Department with global corruption and bribery in 2017, and the first call he made after his arrest was to Vice President Joe Biden's brother, James Biden, who thinks the call was meant for Joe Biden's son, Hunter.

Ho immediately tried reaching out to the younger Biden for help because that summer, as investigators circled, Hunter agreed to represent Ho as part of Hunter's efforts to work out a liquified natural gas deal worth tens of millions of dollars with CEFC China Energy's leader Ye Jianming.

"There is nothing else I have to say," James Biden told the New York Times in 2018.

The lucrative deal Biden set up with CEFC China Energy fell apart when Ye Jianming disappeared after being detained by Chinese authorities in 2018, and Ho was sentenced to three years in federal prison in March.

Although much of the scrutiny of Biden's global business dealings focuses on his controversial $50,000-per-month position with the Ukrainian energy company Burisma Holdings at the same time then-Vice President Joe Biden pressured the Ukrainian government to fire prosecutor General Viktor Shokin, his dealings with Chinese businessmen could cause the 2020 Democratic front-runner serious headaches, too.

Kathleen Biden, the younger Biden's now-ex-wife, accused him in divorce filings of "Spending extravagantly on his own interests, while leaving the family with no funds to pay legitimate bills." The filing also discusses a "Large" diamond, worth $80,000 he claimed he no longer had. In a later interview, Hunter said the diamond - which he claimed was only worth $10,000 - was a gift from Ye Jianming.

At the same time, Ye told Hunter that one of his business associates, Ho, was being investigated in the U.S., and Hunter agreed to represent him.


https://www.washingtonexaminer.com/news/analysis-hunter-biden-tied-to-china-firm-with-questionable-dealings

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