Chinese Energy Firm Paid Millions to Hunter Biden and Joe Biden’s Brother: Report

A Chinese energy conglomerate with close ties to the Chinese Communist Party paid millions to entities controlled by Hunter Biden, The Washington Post reports.

CEFC China Energy, which has ties to the CCP and People’s Liberation Army, paid $4.8 million to entities controlled by Hunter Biden or his uncle James Biden over 14 months beginning in 2017, according to the report.

Documents found on Hunter Biden’s laptop include a signed copy of a $1 million legal retainer, emails related to wire transfers, and $3.8 million in consulting fees confirmed by bank records and agreements signed by Hunter Biden.

But the projects Hunter Biden discussed with CEFC never came to be.

None of the information suggests that President Joe Biden benefited from the arrangement, which came after he served as Obama’s vice president and before he announced his run for office.

The laptop:

Hunter Biden left his laptop at a Delaware repair shop whose owner eventually turned it over to former Trump attorney Rudy Giuliani.

The New York Post began to publish information found on the laptop hard drive in 2020 ahead of the election but other news outlets declined to cover it and social media platforms suppressed the story over concerns that it was part of a Russian disinformation campaign.

The Washington Post reported that Giuliani and former Trump strategist Steve Bannon refused to turn over copies of the hard drive, making it impossible to verify the information.

The New York Times earlier this month reported that the emails recovered from the laptop had been “authenticated.”

Hunter Biden probe:

Hunter Biden also faces a federal investigation into his taxes.

The probe has “intensified in recent weeks,” according to ABC News, with an increasing number of witnesses appearing before a grand jury in Delaware.

The probe is focused on payments Hunter Biden received while serving on the board of the Ukrainian energy firm Burisma.

“Sources say that prosecutors have not made a decision yet on whether criminal charges against Biden are warranted, and that there is debate about whether Biden's admitted past drug abuse could serve to undermine a criminal case over his financial decision-making,” the outlet reported.

 

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