Senate report reveals US presidential candidate Joe Biden’s son Hunter’s business dealings with Chinese companies
In a serious bother for US presidential candidate Joe Biden, Senate Republicans on Wednesday (September 23) launched a report detailing the enterprise dealings that Biden’s son Hunter Biden pursued with international nationals when Biden was serving as vp of the US.
The 87-page interim report talked about that Hunter Biden and Devon Archer engaged in quite a few monetary transactions with Chinese nationals who had robust connections with the Chinese authorities.
These Chinese nationals included Ye Jianming, founding father of CEFC China Energy Co. Ltd (CEFC) and chairman of the board for its subsidiary, the China Energy Fund Committee (CE Fund). They additionally included Gongwen Dong, who was Ye Jianming’s affiliate and reportedly took care of the execution of transactions for Ye’s corporations.
“Ye’s connections to the Communist government are extensive and, as explained below, he has been previous affiliations with the People’s Liberation Army. Based on the information received by the Committees, Ye was also financially connected to Vic President Biden’s brother, James Biden. Thus, there exists a vast web of corporate connections and financial transactions between and among the Biden family and Chinese nationals,” stated the report.
The report claimed that Hunter Biden and his household have been concerned in an unlimited monetary community that related them to international nationals and international governments internationally. Hunter Biden and Archer have been additionally engaged in monetary dealings with the corrupt oligarch Mykola Zlochevsky throughout their time working for Burisma. It is claimed that the companies owned by Hunter Biden adn Archer made big amount of cash from that affiliation whereas Joe Biden was vp throughout President Barack Obama’s regime.
“Rosemont Seneca Thornton, an investment firm co-founded by Hunter Biden, received $3.5 million in a wire transfer from Elena Baturina, who allegedly received illegal construction contracts from her husband, the former mayor of Moscow. Moreover, Archer’s apparent receipt of money for a car from Kenges Rakishev of Kazakhstan while Vice President Biden was in Kyiv is especially concerning in light of the timing. And finally, Biden and Archer’s work with Chinese nationals connected to the Communist regime illustrate the deep financial connections that accelerated while his father was vice president and continued after he left office,” stated the report.
According to report, Hunter Biden and Archer began their enterprise dealings in China in 2009, with the creation of Rosemont Seneca Partners with Heinz, Secretary of State John Kerry’s stepson. Then, the duo shaped BHR with Bohai Capital after few yers and acquired their enterprise license approval in (lima shortly after Biden visited China along with his father, Vice President Biden.
The report famous that Hunter Biden’s connections and monetary associations bought stronger after he related himself with Ye Jianming, who had deep connections with the communist regime and PLA. Hunter Biden reportedly made tens of millions from the connection.
Hunter Biden and his household additionally related to different Chinese nationals akin to Gongwen Dong. In one case, Hunter, James and Sara Biden went on a $100,000 world spending spree after Gongwen Dong and Hunter Biden opened a joint account. Hunter Biden additionally acquired tens of millions of {dollars} over a interval of years from Gongwen’s companies. According to data acquired by the Committees, a number of of those transactions concerned potential felony monetary exercise.
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