Hunter Biden’s past dealings with Chinese nationals – including some
flagged for “potential financial criminal activity” – are outlined in a
Senate committee report reviewed by Fox News.To get more
china latest business news, you can visit shine news official website.
The details come as Biden – the 50-year-old son of President-elect
Joe Biden – on Wednesday acknowledged that he has been under a grand
jury investigation through the U.S. Attorney’s Office in Delaware since
2018 over his “tax affairs.”
It was unclear whether any of the specific transactions detailed in
the Senate panel’s report were among those being investigated by the
U.S. attorney. But the transactions offer a glimpse into Hunter Biden’s
alleged activities prior to the launch of the grand jury investigation
in 2018.
The report -- prepared by the Senate Homeland Security and
Governmental Affairs committee -- details the younger Biden’s
associations with Ye Jianming, founder of CEFC China Energy Co., and his
business associate Gongwen Dong.“Hunter Biden had business associations
with Ye Jianming, Gongwen Dong and other Chinese nationals linked to
the Communist government and the People’s Liberation Army,” the report
says. “Those associations resulted in millions of dollars in cash flow.”
According to the report, Hunter Biden’s relationship with Ye
Jianming and Gongwen Dong began in 2015, while Biden's father was vice
president under former President Barack Obama.
“Ye’s connections to the Communist government are extensive and ...
Ye was also financially connected to Vice President Biden’s brother,
James Biden,” the report says. “Thus, there exists a vast web of
corporate connections and financial transactions between and among the
Biden family and Chinese nationals.”
On Sept. 8, 2017, the report says, Ye’s company announced a $9.1
billion deal to acquire a stake in Rosneft, a Russian state-owned energy
company.On that same date, the report adds, Hunter Biden allegedly
opened up a line of credit with Gongwen Dong, using the business name
Hudson West III -- with Hunter Biden, James Biden and James Biden’s
wife, Sara Biden, all listed as “authorized users of credit cards
associated with the account.”
Also on that same date, the report says, the Biden family members
used those credit cards to purchase more than $100,000 in airline
tickets, technology products, hotel rooms and restaurant meals –
transactions that were flagged for “potential financial criminal
activity.”The report adds that the credit cards were backed by $99,000
being transferred from a China-linked Hudson West III account to a
separate account, until the credit card accounts were closed.
The Wall